Stanley Announces CEO Transition, Election of Three Vice Presidents for Sales and Director Resignations
HG HOLDINGS INC (STLY)
US:NASDAQ Investor Relations:
stanleyfurniture.com/investor-relations/at-a-glance
Company Research
Source: GlobeNewswire
HIGH POINT, N.C., Dec. 08, 2017 (GLOBE NEWSWIRE) -- Stanley Furniture Company, Inc. (Nasdaq:STLY) announced today that Glenn Prillaman, President and Chief Executive Officer, has resigned pursuant to a separation agreement entered into between the Company and Mr. Prillaman in connection with the previously announced proposed sale of substantially all the Company’s assets. Matthew W. Smith has been elected Interim Chief Executive Officer. Mr. Smith is a managing director with The Finley Group, Inc., an advisory firm providing various services to corporations including interim management support. The Company’s Board of Directors engaged the Finley Group in October 2017 to assist with a potential sale transaction and with working capital management. The Company also announced that three sales representatives have been elected as Vice Presidents of the Company. Josh Carter has been promoted to Vice President of Sales – Brick & Mortar, John Pigg has been promoted to Vice President
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Sec Filings
- 3/28/24 - Form 10-K
- 3/14/24 - Form S-8
- 3/14/24 - Form 8-A12B/A
- STLY's page on the SEC website