Seffner, Fla-based Lazy Days RV Center Inc. today (Oct 4) announced that CFO Randall R. (Randy) Lay will assume the additional role of interim CEO, effective Oct. 12, succeeding John Horton. According to a news release, the Lazy Days board will conduct a search for a permanent CEO assisted by a national executive search firm.
“This is the right time for me to step down and for the company to move forward with this transition,” Horton said. “I am confident in Lazy Days’ position and ability to deliver outstanding performance. We have a talented and knowledgeable management team in place to build on our success, dedicated employees who are passionate about serving their customers, and a loyal and growing customer base that will always consider Lazy Days their RV home.”
William P. Murnane, Lazydays chairman, noted, “On behalf of the board, I’d like to thank John for his numerous contributions and service to the Lazy Days family over the past 11 years. His hard work and dedication are truly appreciated by us all, and we wish him success in his future endeavors. We are confident that Randy and the Lazy Days team are well equipped to continue executing our operating and strategic plans during this period.”
Lay, a summa cum laude graduate of Boston University where he received his undergraduate degree and MBA, has been CFO of Lazy Days since September 2007. He led the successful financial restructuring of the company and brings significant operational expertise and leadership skills to his new role. In addition to his financial responsibilities, he is responsible for managing Lazy Days’ retail finance and insurance operations, human resources and purchasing functions. Previously, he held senior level operating and financial positions throughout his 30-year career, serving as the president and CEO of telecommunications services provider Universal Access Global Holdings, as well as senior positions with International Specialty Products, United Technologies,and the Xerox Corporation.
“This an exciting time for Lazy Days as we further strengthen our relationships with our thousands of loyal customers,” said Lay. “Under John’s leadership, Lazy Days has expanded to the western U.S., established a strong financial foundation and transformed our operations to improve performance and our customers’ experience. Today Lazy Days is well positioned for growth and continued success. I look forward to working with my colleagues to maintain Lazy Days’ positive momentum with a strategy that is resonating in the marketplace. Our goal is to further enhance long-term value for our customers and their families, our employees and our communities. Together, we will uphold Lazy Days’ promise to strive to provide our customers with the perfect RV purchase and ownership experience.”