- Associated Press - Tuesday, February 16, 2016

NEW YORK (AP) - Lumber Liquidators Holdings Inc. CEO John Presley told employees Tuesday that he has a very treatable form of leukemia and plans to stay on as head of the flooring supplier while he seeks treatment.

The Toano, Virginia-based company said that Presley told employees he will start on a 30-day treatment program for the disease, which he says was caught early on.

“I feel strong physically and mentally going into this,” Presley said in the regulator filing.

Presley, a director of Lumber Liquidators since 2006, was named CEO in November succeeding the company’s founder.

Lumber Liquidators operates more than 370 stores in North America.

Earlier this month, the Justice Department said the company will pay more than $13 million for illegally importing hardwood flooring. Last year, it pleaded guilty to environmental crimes.

The company is scheduled to report its quarterly results Feb. 29. Shares of Lumber Liquidators rose 28 cents to $14.10 in extended trading.

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