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Mark Schreiber,
previously a top executive with several leading furniture retail
operations, is joining the board of directors of
Hooker
Furniture Corporation (HOFT) effective June 1,
2004.
Before his retirement in early 2003, Schreiber had been
president and chief operating officer of
Houston-based Star
Furniture since 1995. His career in retailing included positions
of senior vice president of merchandising at the May Company in
Los Angeles and executive vice president of merchandising and
marketing at John Wanamaker, then a division of Carter, Hawley,
Hale.
In addition to his extensive experience in furniture retailing,
Schreiber also served in top management posts with non-furniture
retailers such as Claire's Boutiques, maternity store chain A
Pea in the Pod and multi-unit fabric retailer Cloth World. He
has served the retailing industry on the boards of the
National
Home Furnishings Association, Retail Merchants Association and
the International Council of Shopping Centers.
"We are delighted to have a retailing leader like Mark join our
board and believe it will be very beneficial to have a board
member with a retail background," said Paul B. Toms, chairman
and chief executive officer. "The more we can partner with and
better understand retailers, the stronger we will be as a
company."
Schreiber is filling a board seat vacated earlier this year by
Alan Cole, who resigned from the board after accepting a
position as president of Schnadig Furniture.
In addition, Hooker announces that the Company's Chairman
Emeritus, J. Clyde Hooker, Jr., is resigning his position as a
member of the board of directors effective May 31, 2004, due to
health reasons. Hooker, son of the Company's founder, was chief
executive officer from 1966 to 2000 and served the Company for
nearly 60 years. Commenting on Hooker's departure from the
board, Toms said, "I can never adequately express what Clyde
Hooker has meant to all the people he has touched during his
career. The Company's employees, sales representatives,
suppliers, customers and directors have all benefited from his
insight and friendship. We are indebted to him for all his
service to the board, this Company and the industry. On the
Hooker Furniture board, he offered outstanding wisdom, judgment
and leadership for almost 60 years. We're grateful that he will
remain keenly interested in the affairs of the Company and
accessible to all of us."
A search is underway for a candidate to fill the board seat
vacated by Hooker.
Ranked among the nation's top 15 furniture manufacturers in
sales, Hooker Furniture owns seven manufacturing
facilities, a distribution center and a warehouse located in
Virginia and North Carolina. Plant locations include
Cherryville, Hickory, Pleasant Garden, and Maiden, N.C. and
Martinsville and Roanoke, Va.
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