Flexsteel Industries has announced that Karel Czanderna has retired from her positions as president, CEO, and director, effective Sept. 9.
This decision was not the result of any dispute or disagreement with the company or any matter related to the company’s operations, policies, practices, management or board of directors, the company said.
Jeff Bertsch, a current board member and Flexsteel’s former senior VP of corporate services, has been appointed interim president. Bertsch will report to an executive committee of the board, which will also help support the management of the company during this interim period until a new president and CEO is appointed.
This executive committee is chaired by Tom Levine and includes fellow board members: Mary Bottie, Michael Edwards, and Nancy Uridil. The board has commenced a search for a permanent president and CEO with the assistance of a national executive search firm.
“The board is appreciative of Karel’s contributions to Flexsteel during her over six years of service,” said Eric Rangen, Flexsteel’s chairman of the board. “During her tenure, Karel has overseen a number of significant advancements to Flexsteel’s infrastructure and organization. The Board thanks Karel for the many contributions she made to Flexsteel.”