Presley revealed his condition to LL investors and team members via a letter that was included in an filing with the U.S. Securities and Exchange Commission. In the letter, he said that the leukemia is “very treatable” and that it was caught “very early.”
The CEO said that he will be able to continue with his daily activities at Lumber Liquidators and that he’ll let his team and investors know if a change in his health will no longer let him do this. He also noted that his travel will be restricted while he undergoes a 30-day treatment.
“I am not the first CEO to face this challenge and will not be the last,” Presley said in a statement. “I am fortunate to have a talented, committed group of team members here at Lumber Liquidators working hard together on behalf of all of us.”
LL shares were up 7% as of Wednesday afternoon.
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