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Lumber Liquidators CEO quits unexpectedly
New York – Robert Lynch, CEO of embattled Lumber Liquidators Holdings, has unexpectedly resigned as the Justice Department seeks to file criminal charges for the company’s allegedly selling Chinese hardwood laminate products that had illegal levels of formaldehyde. In a brief statement, Lumber Liquidators gave no reason for Lynch’s departure.
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Lumber Liquidators' troubles continue
The CEO of Lumber Liquidators has resigned just a few months after the company became embroiled in an investigation over wood products imported from China.
The company said Robert Lynch resigned “unexpectedly” and that it intends to commence a national search for Lynch's replacement. In the interim, Thomas D. Sullivan, the company's founder, will serve as the acting chief executive officer of the company.

