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Paul Toms Retires as Hooker Furnishings Chairman of Board; Henry G. Williamson Elected to Succeed Toms as Chairman


Hooker Furnishings Corp. broadcasts that Paul B. Toms Jr. is retiring as Chairman of the Board, efficient instantly.

 

After serving as Chairman and Chief Government Officer of HFC since 2000, Toms retired as CEO on February 1 of this 12 months, succeeded by Jeremy Hoff, however remained as Chairman of the Board in a non-executive capability. He served on the HFC Board for 28 years, together with 21 years as Chairman and CEO.

 

“It has been an honor and privilege to serve on the Hooker Board the final 28 years,” Toms mentioned. “If retirement from lively administration 8 months in the past has taught me something, it’s that there’s ‘life after work.’ I’ve been blessed with good well being and have loved journey and an lively way of life. Now, I’m prepared to depart my skilled profession behind and concentrate on the following section of my life.” Toms is a grandson of Clyde Hooker Sr., who based the corporate in 1924. He joined the corporate in 1983, serving in varied administration roles till he succeeded his uncle, Clyde Hooker Jr. as CEO in 2000.

 

Upon Toms’ retirement, the HFC Board has elected Henry G. Williamson Jr. as his successor as Chairman. Williamson, retired Chief Working Officer of Truist Monetary Corp. (previously BB&T) has been an HFC director since 2004 and Unbiased Lead Director since June 2016.

 

“Hooker Furnishings is in glorious monetary situation and has a powerful administration staff centered on repeatedly bettering our outcomes and fulfilling our mission assertion; and a powerful, various Board able to main it properly into the longer term,” Toms mentioned. “I’m assured their collective knowledge, concentrate on technique, threat mitigation, succession planning, ESG initiatives and different necessary areas will proceed to serve all stakeholders properly. I want the Firm continued success going ahead and can stay an ardent fan and shareholder.”

 

With Toms’ departure the HFC Board goes from 9 to eight members, together with Jeremy Hoff, CEO; Henry Williamson Jr., Chairman; W. Christopher Beeler Jr.; Maria C Duey; Paulette Garafalo; Tonya H. Jackson; E. Larry Ryder and Ellen C. Taaffe.

 


 

About Hooker Furnishings

 

Based mostly in Martinsville, Va., Hooker Furnishings Company is ranked among the many nation’s largest publicly traded furnishings sources and encompasses twelve discrete working companies. These manufacturers embrace: Hooker Furnishings, Hooker Upholstery, Bradington-Younger, Sam Moore Furnishings, Shenandoah Furnishings, H Contract, Accentrics House, Pulaski Furnishings, Samuel Lawrence Furnishings, Prime Useful resource Worldwide, Samuel Lawrence Hospitality and HMIdea. Hooker Furnishings Company’s company places of work and fabric manufacturing services positioned in Virginia and North Carolina, with showrooms in Excessive Level,

N.C. and Ho Chi Minh Metropolis, Vietnam. Hooker Furnishings operates distribution facilities in america, China, and Vietnam. The corporate’s inventory is listed on the Nasdaq World Choose Market below the image HOFT.



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