DUBUQUE, Iowa–Ron Klosterman, president and CEO of Flexsteel, will retire from his posts before the end of 2012.
Klosterman, who has been with Flexsteel for 40 years, succeeded K. Bruce Lauritsen in his roles in 2006. L. Bruce Boylen, Flexsteel’s chairman, credited Klosterman for his attention to every aspect of the company’s operations, including finance, manufacturing and marketing. “He has gained tremendous respect within the company and the furniture industry, demonstrating confidence in and conviction for our company,” Boylen said.
Boylen added that Flexsteel’s board has formed a search committee and will retain an executive search firm to identify candidates to succeed Klosterman.