La-Z-Boy names Stitch Fix CEO Matt Baer to its board, effective January 1, 2025
La-Z-Boy's board elected Matthew Baer, chief executive of Stitch Fix, as an independent director effective January 1, 2025, expanding the board to 11 members. The filing says he will receive non-employee director compensation and a restricted stock unit grant with a grant date value of $87,660.
Key points
- Baer, age 42, has been Stitch Fix CEO since June 2023.
- He previously held leadership roles at Macy's from March 2020 to June 2023 and was Vice President of Walmart eCommerce from January 2016 to March 2020.
- The board approved an RSU grant with a grant date value of $87,660, effective January 2, 2025, under the 2024 Omnibus Incentive Plan.
- The appointment expands the board to 11 members.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.