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<P align=center><FONT face="Times New Roman, Times, Serif" size=3><B>UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION</B> </FONT></P><!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->
<H1 align=center><FONT face="Times New Roman, Times, Serif" size=3>WASHINGTON,
D.C. 20549-1004 </FONT></H1><!-- MARKER FORMAT-SHEET="Head Major Center Bold-TNR" FSL="Workstation" -->

<H1 align=center><FONT face="Times New Roman, Times, Serif" size=3>FORM 8-K
</FONT></H1><!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Workstation" -->
<P align=center><FONT face="Times New Roman, Times, Serif" size=2>Current Report
Pursuant to Section 13 or 15(d)of <BR>the Securities Exchange Act of 1934
</FONT></P><!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->

<P align=center><FONT face="Times New Roman, Times, Serif"
size=3><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;March 16,
2006 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>(Date
of Report (Date of Earliest Event Reported))</FONT></P><!-- MARKER FORMAT-SHEET="Head Minor Center-TNR" FSL="Default" -->
<P align=center><FONT face="Times New Roman, Times, Serif"
size=3><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LA-Z-BOY
INCORPORATED
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>(Exact
name of registrant as specified in its charter) </FONT></P>





<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" >
<TR VALIGN=Bottom>
     <TH COLSPAN=3 width="295"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>MICHIGAN</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3 width="295"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1-9656</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3 width="307"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>38-0751137</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH="8" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="252" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(State or other jurisdiction of</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="8" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="282" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Commission</FONT></TD>
     <TD WIDTH="5" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="9" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="262" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(IRS Employer</FONT></TD>
     <TD WIDTH="36" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH="8" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="252" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>incorporation)</FONT></TD>
     <TD WIDTH="35" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="8" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="282" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>File Number)</FONT></TD>
     <TD WIDTH="5" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="9" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="262" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indentification Number)</FONT></TD>
     <TD WIDTH="36" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE>





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<BR><BR>
</p>
<TABLE cellSpacing=0 cellPadding=0  align=center>

  <TR vAlign=bottom>
    <TH colSpan=3><FONT face="Times New Roman, Times, Serif" size=2>1284 North
      Telegraph Road, Monroe, Michigan</FONT>
      <HR width="100%" color=black noShade SIZE=1>
    </TH>
    <TH colSpan=3><FONT face="Times New Roman, Times, Serif"
      size=2>48162-3390</FONT>
      <HR width="100%" color=black noShade SIZE=1>
    </TH></TR>
  <TR vAlign=bottom>
    <TD align="center" width="41%"><FONT face="Times New Roman, Times, Serif"
      size=2>(Address of principal executive offices)</FONT></TD>
    <TD align=left width="1%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="3%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align="center" width="53%"><FONT face="Times New Roman, Times, Serif"
      size=2>Zip Code </FONT></TD>
    <TD align=left width="1%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD>
    <TD align=left width="1%"><FONT face="Times New Roman, Times, Serif"
      size=2>&nbsp;</FONT></TD></TR> </TABLE>
<P align=center><FONT FACE="Times New Roman" SIZE="2">Registrant's telephone number, including area code <U>(734)
242-1444</U></font></P>
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<P align=center><FONT face="Times New Roman, Times, Serif"
size=3><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></P><!-- MARKER FORMAT-SHEET="Para Large Indent Lv 0-TNR" FSL="Project" -->
<P align=center><FONT face="Times New Roman, Times, Serif"
size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Former name or former
address, if changed since last report.)
</FONT></P>

<P><FONT FACE="Times New Roman" SIZE="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:<br><br>

[&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br><br>

[&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br><br>

[&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br><br>

[&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>






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<P ALIGN=LEFT><b><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment
of Principal Officers.</font></b></p>

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<p align="center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; (b)</FONT></TD>
<TD WIDTH="92%" height="45">
<font size="2">David Risley
announced on March 15, 2006 his retirement as senior vice president and Chief
Financial Officer of La-Z-Boy Incorporated after the company completes its
reporting for the fiscal year ending April 29, 2006.&nbsp; Mr. Risley, age 61,
&nbsp;indicated that he had no disagreements with management or the directors.</font></TD>
</tr>
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&nbsp;</TD>
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<TD WIDTH="8%" height="83">
<p align="center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; (c)</FONT></TD>
<TD WIDTH="92%" height="83">
<p class="MsoNormal">
<font size="2">The company
designated Louis M. (&#147;Mike&#148;) Riccio, Jr. to succeed Mr. Risley as chief
financial officer.&nbsp; Mr. Riccio, age 43, has served as vice president, corporate
controller and chief accounting officer for the company since February 2002.&nbsp;
Previously he was director of accounting for the company from July 2001 until
February 2002 and prior to July 2001 was vice president, corporate controller of
LADD Furniture, Inc. (which was acquired by the company in January 2000) from
December 1999 until July 2001.</font></TD>
</TR>
</TABLE>

<p>

<BR>
&nbsp;</p>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Item 9.01&nbsp; Financial
Statements and Exhibits</b> </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The following exhibit
     is filed as part of this report: </FONT></P>









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<TR VALIGN=Bottom>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>&nbsp;</FONT></TH>
     <TH COLSPAN="3" ALIGN="Left"><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Description</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Page #</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=9% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>99</FONT></TD>
        <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>.1</FONT></TD>
     <TD WIDTH=73% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
     Press Release Dated March 16, 2006</FONT></TD>
     <TD WIDTH=1% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=5% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=1% ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH=3% ALIGN=RIGHT>
     <font face="Times New Roman, Times, Serif" size="2">4</font></TD>
        <TD WIDTH=2% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
</TABLE>

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<P style="PAGE-BREAK-AFTER: always">&nbsp;</P>
<HR SIZE="2" COLOR="Black">

<H1 ALIGN=Left>&nbsp;</h1>


<H1 ALIGN=Left><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>SIGNATURE</b></font></h1>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned thereunto duly authorized. </FONT></P>


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<TABLE WIDTH=100% CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%>&nbsp;</TD>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>LA-Z-BOY
INCORPORATED</B><BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
(Registrant)</FONT><br></TD>
</TR>
</TABLE>
<p>
<BR>
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</p>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date: March 16, 2006 </FONT></P>


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<tr>
<TD WIDTH=40%>&nbsp;</TD>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR>
<BR>BY: /S/ Louis M. Riccio, Jr.<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Louis M. Riccio, Jr.<BR>Corporate Controller<br>On behalf of the registrant and as<br>Chief Accounting Officer</FONT>


</TD>
</tr>
</TABLE>
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<HR SIZE="4" COLOR="Black">

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>Exhibit 99.1</b>
 </FONT></P>











<P ALIGN="Center">
<IMG SRC="logo.jpg" WIDTH="412" HEIGHT="92">
</p>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><b>NEWS RELEASE</b> </FONT></P>



<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" WIDTH="100%">
<TR VALIGN="BOTTOM">
     <TH ALIGN="LEFT">&nbsp;</TH>
     <TH ALIGN="CENTER">&nbsp;</TH>
     <TH ALIGN="RIGHT">&nbsp;</TH></TR>
<TR VALIGN="TOP">
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Contact:&nbsp;&nbsp;Mark Stegeman
</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(734) 241-4418
</FONT></TD>
     <TD ALIGN="RIGHT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2" COLOR="#0000FF"><U>mark.stegeman@la-z-boy.com</U> </FONT>
</TD></TR>
</TABLE>
<BR>
<H1 ALIGN=CENTER><u><FONT FACE="Times New Roman, Times, Serif" SIZE=4>LA-Z-BOY CFO ANNOUNCES
RETIREMENT; SUCCESSOR NAMED </FONT></u></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>MONROE, MI. March 16, 2006 &#150;
La-Z-Boy Incorporated <B>(NYSE, PCX: LZB)</B> today announced that David M. Risley, Senior
Vice President and Chief Financial Officer, announced he will retire from La-Z-Boy when
the company completes its year-end reporting during the summer period. Risley, 61, joined
La-Z-Boy in April 2001 and was instrumental in reshaping the financial functions within
the Company. Additionally, as part of the senior management team, he was integral in
forming the Company&#146;s current strategy. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Louis M. (&#147;Mike&#148;) Riccio,
Jr. has been designated to succeed Risley as Chief Financial Officer. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>La-Z-Boy President and CEO, Kurt
Darrow, said, &#147;The Board and I are delighted Mike will succeed David as the CFO.
Succession planning has been an increased focus for our company and, as such, Mike will
easily make a smooth transition into his new role. He is a seasoned professional with
tremendous financial expertise and has made a significant contribution to La-Z-Boy since
joining the company. I look forward to working with him more closely as we continue to
move La-Z-Boy forward in a dynamic marketplace. At the same time, I would like to extend
my gratitude to David, who played a pivotal role in reshaping and setting La-Z-Boy on a
new course during his tenure. He will be missed by all and we wish him all the best in his
retirement.&#148; </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In his new role as CFO, Riccio, 43,
will be responsible for the Internal Audit Function, Treasury and Risk Management, the
Legal and Tax function, Investor Relations, and the Corporate Controller function, which
includes internal and external reporting. Riccio joined La-Z-Boy in early 2000 when the
company acquired LADD Furniture, Inc. At that time, Riccio was LADD&#146;s Corporate
Controller after serving since 1990 in a number of increasingly responsible financial
management and accounting positions. Prior to LADD, Riccio worked for the public
accounting firm Deloitte &amp; Touche. Currently, Riccio serves as Corporate Controller
for La-Z-Boy, a position he was appointed to in February 2002. The company is commencing
an outside search for a replacement. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Riccio earned a BS in accounting from
Elon University and is a CPA. </FONT></P>

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<A NAME=A004></A>
<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3><u>Forward-looking
Information</u>  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Any forward-looking statements
contained in this news release are based on current information and assumptions and
represent management&#146;s best judgment at the present time. Actual results could differ
materially from those anticipated or projected due to a number of factors. These factors
include, but are not limited to: changes in consumer confidence, changes in demographics,
changes in housing sales, the impact of terrorism or war, energy price changes, the impact
of logistics on imports, the impact of interest rate changes, the effects of any
additional rulings on tariffs by the U.S. Department of Commerce and potential disruptions
from Chinese imports, the availability and cost of capital, the impact of imports as it
relates to continued domestic production, raw material price changes, changes in currency
rates, competitive factors, operating factors, such as supply, labor, or distribution
disruptions including changes in operating conditions or costs, effects of restructuring
actions, changes in the domestic or international regulatory environment, not fully
realizing cost reductions through restructurings<I>,</I> ability to implement global
sourcing organization strategies, the future financial performance and condition of
independently owned dealers that we are required to consolidate into our financial
statements or changes requiring us to consolidate additional independently owned dealers,
the impact of new manufacturing technologies, the impact of adopting new accounting
principles, fair value changes to our intangible assets due to actual results differing
from projected, the impact of severe weather, factors relating to acquisitions, the
ability to turn around under-performing stores, the impact of store relocation costs or
the success of new stores; and other factors identified from time to time in the
company&#146;s reports filed with the Securities and Exchange Commission. </FONT></P>

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<A NAME=A005></A>
<H1 ALIGN=LEFT><u><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Additional Information </FONT>
</u></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This news release is just one part of
La-Z-Boy&#146;s financial disclosures and should be read in conjunction with other
information filed with the Securities and Exchange Commission, which is available at
<font color="#0000FF">
<U>http://www.la-z-boy.com/about/investorRelations/sec_filings.aspx</U></font>. Investors and
others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly
investor conference calls may sign up at: </FONT></P>

<p><font face="Times New Roman, Times, Serif" size="2"><font color="#0000FF"><u>http://www.la-z-boy.com/about/investorRelations/IR_email_alerts.aspx</u></font></font>.


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</p>
<H1 ALIGN=LEFT><u><FONT FACE="Times New Roman, Times, Serif" SIZE=3>Background Information </FONT>
</u></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>With annual sales of approximately $2
billion, La-Z-Boy Incorporated is one of the world&#146;s leading residential furniture
producers, marketing furniture for every room of the home, as well as for the hospitality,
health care and assisted-living industries. The La-Z-Boy Upholstery Group companies are
Bauhaus, Centurion, Clayton Marcus, England, La-Z-Boy, and Sam Moore. The La-Z-Boy
Casegoods Group companies are American Drew, American of Martinsville, Hammary, Kincaid,
Lea and Pennsylvania House. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The corporation&#146;s vast
proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated
products and brands, and includes 336 stand-alone La-Z-Boy Furniture Galleries&reg; stores
and 338 La-Z-Boy In-Store Galleries, in addition to in-store gallery programs at the
company&#146;s Kincaid, Pennsylvania House, Clayton Marcus, England and Lea operating
units. According to industry trade publication <I>In Furniture</I>, the La-Z-Boy Furniture
Galleries retail network is North America&#146;s largest single-brand furniture retailer.
Additional information is available at <font color="#0000FF"><u>http://www.la-z-boy.com/</u></font>.</FONT></P>

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</HTML>
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{"company-data": {"conformed-name": "LA-Z-BOY INC", "cik": "0000057131", "assigned-sic": "2510", "irs-number": "380751137", "state-of-incorporation": "MI", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09656", "film-number": "06692457"}, "business-address": {"street1": "1284 N TELEGRAPH RD", "city": "MONROE", "state": "MI", "zip": "48162", "phone": "7342414414"}, "mail-address": {"street1": "1284 N TELEGRAPH RD", "city": "MONROE", "state": "MI", "zip": "48162"}, "former-company": {"former-conformed-name": "LA Z BOY CHAIR CO", "date-changed": "19920703"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549-1004
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d)of
the Securities Exchange Act of 1934
March 16,
2006
(Date
of Report (Date of Earliest Event Reported))
LA-Z-BOY
INCORPORATED
(Exact
name of registrant as specified in its charter)
MICHIGAN
1-9656
38-0751137
(State or other jurisdiction of
(Commission
(IRS Employer
incorporation)
File Number)
Indentification Number)
1284 North
      Telegraph Road, Monroe, Michigan
48162-3390
(Address of principal executive offices)
Zip Code
Registrant's telephone number, including area code
(734)
242-1444
None
(Former name or former
address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment
of Principal Officers.
(b)
David Risley
announced on March 15, 2006 his retirement as senior vice president and Chief
Financial Officer of La-Z-Boy Incorporated after the company completes its
reporting for the fiscal year ending April 29, 2006.  Mr. Risley, age 61,
 indicated that he had no disagreements with management or the directors.
(c)
The company
designated Louis M. ("Mike") Riccio, Jr. to succeed Mr. Risley as chief
financial officer.  Mr. Riccio, age 43, has served as vice president, corporate
controller and chief accounting officer for the company since February 2002. 
Previously he was director of accounting for the company from July 2001 until
February 2002 and prior to July 2001 was vice president, corporate controller of
LADD Furniture, Inc. (which was acquired by the company in January 2000) from
December 1999 until July 2001.
Item 9.01  Financial
Statements and Exhibits
The following exhibit
     is filed as part of this report:
Description
Page #
99
.1
Press Release Dated March 16, 2006
4
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this
report to be signed on its behalf by the undersigned thereunto duly authorized.
LA-Z-BOY
INCORPORATED
——————————————
(Registrant)
Date: March 16, 2006
BY: /S/ Louis M. Riccio, Jr.
——————————————
Louis M. Riccio, Jr.
Corporate Controller
On behalf of the registrant and as
Chief Accounting Officer
Exhibit 99.1
NEWS RELEASE
Contact:  Mark Stegeman
(734) 241-4418
mark.stegeman@la-z-boy.com
LA-Z-BOY CFO ANNOUNCES
RETIREMENT; SUCCESSOR NAMED
MONROE, MI. March 16, 2006 –
La-Z-Boy Incorporated
(NYSE, PCX: LZB)
today announced that David M. Risley, Senior
Vice President and Chief Financial Officer, announced he will retire from La-Z-Boy when
the company completes its year-end reporting during the summer period. Risley, 61, joined
La-Z-Boy in April 2001 and was instrumental in reshaping the financial functions within
the Company. Additionally, as part of the senior management team, he was integral in
forming the Company's current strategy.
Louis M. ("Mike") Riccio,
Jr. has been designated to succeed Risley as Chief Financial Officer.
La-Z-Boy President and CEO, Kurt
Darrow, said, "The Board and I are delighted Mike will succeed David as the CFO.
Succession planning has been an increased focus for our company and, as such, Mike will
easily make a smooth transition into his new role. He is a seasoned professional with
tremendous financial expertise and has made a significant contribution to La-Z-Boy since
joining the company. I look forward to working with him more closely as we continue to
move La-Z-Boy forward in a dynamic marketplace. At the same time, I would like to extend
my gratitude to David, who played a pivotal role in reshaping and setting La-Z-Boy on a
new course during his tenure. He will be missed by all and we wish him all the best in his
retirement."
In his new role as CFO, Riccio, 43,
will be responsible for the Internal Audit Function, Treasury and Risk Management, the
Legal and Tax function, Investor Relations, and the Corporate Controller function, which
includes internal and external reporting. Riccio joined La-Z-Boy in early 2000 when the
company acquired LADD Furniture, Inc. At that time, Riccio was LADD's Corporate
Controller after serving since 1990 in a number of increasingly responsible financial
management and accounting positions. Prior to LADD, Riccio worked for the public
accounting firm Deloitte & Touche. Currently, Riccio serves as Corporate Controller
for La-Z-Boy, a position he was appointed to in February 2002. The company is commencing
an outside search for a replacement.
Riccio earned a BS in accounting from
Elon University and is a CPA.
Forward-looking
Information
Any forward-looking statements
contained in this news release are based on current information and assumptions and
represent management's best judgment at the present time. Actual results could differ
materially from those anticipated or projected due to a number of factors. These factors
include, but are not limited to: changes in consumer confidence, changes in demographics,
changes in housing sales, the impact of terrorism or war, energy price changes, the impact
of logistics on imports, the impact of interest rate changes, the effects of any
additional rulings on tariffs by the U.S. Department of Commerce and potential disruptions
from Chinese imports, the availability and cost of capital, the impact of imports as it
relates to continued domestic production, raw material price changes, changes in currency
rates, competitive factors, operating factors, such as supply, labor, or distribution
disruptions including changes in operating conditions or costs, effects of restructuring
actions, changes in the domestic or international regulatory environment, not fully
realizing cost reductions through restructurings
,
ability to implement global
sourcing organization strategies, the future financial performance and condition of
independently owned dealers that we are required to consolidate into our financial
statements or changes requiring us to consolidate additional independently owned dealers,
the impact of new manufacturing technologies, the impact of adopting new accounting
principles, fair value changes to our intangible assets due to actual results differing
from projected, the impact of severe weather, factors relating to acquisitions, the
ability to turn around under-performing stores, the impact of store relocation costs or
the success of new stores; and other factors identified from time to time in the
company's reports filed with the Securities and Exchange Commission.
Additional Information
This news release is just one part of
La-Z-Boy's financial disclosures and should be read in conjunction with other
information filed with the Securities and Exchange Commission, which is available at
http://www.la-z-boy.com/about/investorRelations/sec_filings.aspx
. Investors and
others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly
investor conference calls may sign up at:
http://www.la-z-boy.com/about/investorRelations/IR_email_alerts.aspx
.
Background Information
With annual sales of approximately $2
billion, La-Z-Boy Incorporated is one of the world's leading residential furniture
producers, marketing furniture for every room of the home, as well as for the hospitality,
health care and assisted-living industries. The La-Z-Boy Upholstery Group companies are
Bauhaus, Centurion, Clayton Marcus, England, La-Z-Boy, and Sam Moore. The La-Z-Boy
Casegoods Group companies are American Drew, American of Martinsville, Hammary, Kincaid,
Lea and Pennsylvania House.
The corporation's vast
proprietary distribution network is dedicated exclusively to selling La-Z-Boy Incorporated
products and brands, and includes 336 stand-alone La-Z-Boy Furniture Galleries® stores
and 338 La-Z-Boy In-Store Galleries, in addition to in-store gallery programs at the
company's Kincaid, Pennsylvania House, Clayton Marcus, England and Lea operating
units. According to industry trade publication
In Furniture
, the La-Z-Boy Furniture
Galleries retail network is North America's largest single-brand furniture retailer.
Additional information is available at
http://www.la-z-boy.com/
.