Czanderna’s appointment became effective July 1. Klosterman, who has been with Flexsteel for nearly 40 years, will maintain his board seat, according to the company.

“For more than a century, Flexsteel’s employees, investors and customers have benefited from exceptional executive leadership,” said Lynn J. Davis, Flexsteel chairman. “That proud tradition will continue with Karel serving as our seventh corporate president. Having earned critical operational expertise through years of building world-class brands, Karel is uniquely equipped to enhance growth opportunities in our various business lines while maintaining the culture that has served as the company’s foundation since its inception.”

Czanderna most recently served as group president of building materials for Owens Corning. In that role she was responsible for a $3.3 billion global business that comprised two-thirds of the Fortune 500 company’s revenue. She led 7,500 employees located in more than 65 global plants as well as an integrated supply chain organization and sales and marketing staff. Among her many achievements at Owens Corning, Czanderna is credited with doubling the profitability of the building materials business during an economic downturn, according to Flexsteel.

Prior to Owens Corning, Czanderna held multiple executive positions at Whirlpool Corp., including as vice president and general manager of global KitchenAid and Jenn-Air appliance businesses.

“Senior officers and the board of directors are confident that Karel will value Flexsteel’s heritage and be an exceptional leader,” said James R. Richardson, Flexsteel director and senior vice president of sales and marketing.