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Mr. Loynd is Chairman of the Executive Committee and former Chairman of the Board and Chief Executive Officer of Furniture Brands International, Inc. (NYSE:FBN). Furniture Brands is the largest home furniture manufacturer in the United States. Furniture Brands markets its products under the Lane, Broyhill and Thomasville brand names. Mr. Loynd joined Emerson Electric in 1955 and played an important role in the early growth of that company. In 1968 he joined Gould, Inc, a diversified manufacturer of batteries and industrial products, as Vice President and Chief Operation Officer. In 1971 he became President of Eltra Corporation, a diversified company in a variety of electrical and industrial product businesses. In 1979 Eltra Corporation was acquired by Allied Chemical. He continued to serve as President of Eltra and became Group Vice President of Allied Corporation, which included Converse, Inc., the largest U.S. manufacturer of athletic footwear. In 1982 Mr. Loynd and other investors purchased Converse. Converse was sold to INTERCO INCORPORATED in 1986. He became Chairman and Chief Executive Officer of INTERCO and guided it through a successful restructuring. In 1996, following the acquisition of Thomasville Furniture Industries, INTERCO changed its name to Furniture Brands International.
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