Jeremy Hoff Assumes Chief Executive Role at Hooker Furnishings
February 04 2021 - 9:49AM
Jeremy Hoff has become the fourth chief executive officer of Hooker
Furnishings (NASDAQ-GS:HOFT) (“HFC”) in the company’s 97-year
history. The position became effective February 1, 2021 upon the
retirement of Paul B. Toms Jr. Toms succeeded Clyde Hooker Jr. in
2000, serving as CEO for 20 years.
HFC’s Board of Directors elected Hoff, 47, to
succeed Toms, 66, in June of 2020. Toms remains as Chairman of the
Board in a non-executive capacity. Hoff also will serve as a member
of the Board of Directors.
HFC is one of the top five furniture resources
in North America with 12 divisions operating distribution centers,
upholstery manufacturing plants and multiple office locations in
Virginia, North Carolina, California and Vietnam.
“The history and heritage of Hooker Furnishings
was formed through the leadership of Clyde Hooker, Clyde Hooker Jr,
and Paul Toms. Each one of these leaders built upon the success of
their predecessor. My commitment is to do the same,” Hoff said.
The Hooker family of brands includes Hooker
Casegoods and Hooker Upholstery, Bradington-Young, Sam Moore,
Pulaski Furniture, Samuel Lawrence Furniture, Accentrics Home,
Prime Resources International, Samuel Lawrence Hospitality, HMidea,
Shenandoah Furniture and H Contract.
“The past year has created challenges for our
industry as well as unique opportunities. Hooker Furnishings is
well positioned to take advantage of this environment, and I am
energized to lead our team in meeting the evolving consumer and
economic trends our industry has consistently faced,” Hoff
said.
Prior to this appointment, Hoff served as
President of several Hooker Legacy companies. Other positions in
the furniture industry included President of Theodore Alexander and
Senior Vice President with A.R.T. Furniture. He began his career
with Austin, TX based Louis Shanks and spent several years as a
sales representative as well.
Incorporated in 1924,
Hooker Furnishings is one of the most
respected furniture brands in the world. The company's 2016
acquisition of Home Meridian
International (HMI) ranks Hooker as one of
the top five sources for
the U.S. furniture
market. An importer of fashion-forward, quality residential
wood and metal furniture and a manufacturer and importer of
upholstered furniture, Hooker
Furniture is based
in Martinsville, Va. and operates 12
divisions with distribution centers, upholstery manufacturing
plants and multiple office locations in North Carolina, Virginia,
California and Vietnam.
For more information,
contact:Paul A. Huckfeldt, Senior Vice President,
Finance & Accounting & Chief Financial
OfficerPhone: (276) 666-3949
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cab1bb05-5396-4176-8cf8-88bd701a13d1
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