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 February 9, 2022, E. Larry Ryder, a member of the Board of Directors (the “Board”) of Hooker Furnishings Corporation (the “Company”) notified the Company of his decision not to stand for re-election at the Company’s 2022 Annual Meeting of Shareholders, which is scheduled to be held on June 7, 2022.
Mr. Ryder, who turns 75 on June 8, 2022, will continue to serve through the remainder of his current term, and effective with his resignation as a director, the size of the Company’s Board of Directors will be reduced from eight to seven directors. Mr. Ryder’s decision not to stand for re-election was not a result of any disagreement with the Company, other Board members or management.
“Larry has been an integral part of Hooker Furnishings for over forty years having served as a director since 2011 and as Executive Vice-President Finance and Administration and Chief Financial Officer and in other senior management roles for thirty-four years until his retirement in January 2011,” said Board Chair Henry Williamson. “He was a key member of the leadership team during Hooker’s greatest period of growth and its transformation from a small domestic casegoods manufacturer to a full-line home furnishings importer and high-end domestic upholstery manufacturer. Larry’s contributions to the Company are significant and long-lasting. We thank him for his service and wish him well in his retirement,” he 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 FURNISHINGS 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: February 15, 2022