× Thanks for reading! Log in to continue. Enjoy more articles by logging in or creating a free account. No credit card required. Log in Sign up {{featured_button_text}}

Thomas D. Sullivan, who founded flooring retailer Lumber Liquidators Holdings Inc. in 1994 and served as its longtime chairman and CEO, has resigned as a board member effective today, regulatory filings show.

His resignation comes after Toano-based Lumber Liquidators decided Wednesday to eliminate Sullivan’s position as company employee. The retailer decided to move him from an employee director to a non-employee director “to more closely align with the go forward role that Mr. Sullivan would be performing for the company,” according to a filing late Friday with the U.S. Securities and Exchange Commission.

Following that decision, Sullivan submitted his resignation as a company director, which the board accepted, the filing said.

Sullivan served as board chairman from 1994 through May 2015 and president and CEO from 1994 to September 2006.

He took back the reins as interim CEO in 2015 amid a scandal involving formaldehyde in Chinese flooring sold by Lumber Liquidators.