UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 2, 2021, Hooker Furniture Corporation (the “Company”) and D. Lee Boone, President of the Company’s Home Meridian segment, reached an agreement separating Mr. Boone from the Company effective immediately. Terms of separation “without cause” are outlined in the Company’s employment agreement with Mr. Boone dated June 25, 2018, and included with the Company’s Form 10-Q filed on December 6, 2018.
“We are making this change as part of a larger effort to reorganize and realign the Home Meridian segment while reducing operating costs and improving segment profitability,” said Jeremy Hoff, CEO of Hooker Furniture Corporation.
“Lee has been an integral part of Home Meridian for over nine and one-half years and has served in several key roles during his tenure,” Hoff said. “He has served as President of the Home Meridian segment for the last nine months, served as Co-President of HMI for two and one-half years and President of Home Meridian’s Samuel Lawrence Furniture division before that. His contributions to the Company are significant and long-lasting. We thank him for his service and wish him well in his future endeavors,” Hoff concluded.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HOOKER FURNITURE CORPORATION |
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By: |
/s/ Paul A. Huckfeldt |
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Paul A. Huckfeldt |
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Chief Financial Officer and Senior Vice-President – Finance and Accounting |
Date: September 9, 2021