UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 25, 2017
HOOKER FURNITURE CORPORATION
(Exact name of registrant as specified in its charter)
(Exact name of registrant as specified in its charter)
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Virginia
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000-25349
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54-0251350
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(State or other jurisdiction of
incorporation or organization)
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(Commission
File No.)
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(I.R.S. Employer
Identification No.)
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440 East Commonwealth Boulevard,
Martinsville, Virginia
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24112 | (276) 632-2133 | ||
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(Registrant’s telephone number,
including area code)
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____________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 25, 2017, George Revington was named Chief Operating Officer of Hooker Furniture Corporation (the “Company”). Revington joined the Company as President and Chief Operating Officer of the Home Meridian division upon the acquisition of Home Meridian’s assets by the Company in February 2016. Prior to that, Mr. Revington served as President and Chief Executive Officer of Home Meridian International since its creation in 2006. Reporting to Mr. Revington will be Michael W. Delgatti, Jr., in the role of President of Hooker Furniture’s legacy companies also as of January 25, 2017. Mr. Delgatti is also an executive officer of the Company.
Item 9.01 Financial Statements and Exhibits(d) Exhibits
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*
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Filed herewith.
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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
By: /s/ Paul A. Huckfeldt
Paul A. Huckfeldt
Chief Financial Officer and
Senior Vice-President – Finance and Accounting
Date: January 30, 2017
Exhibit 99.1
Hooker Furniture Corporation Promotes George Revington
MARTINSVILLE, Va., Jan. 25, 2017 (GLOBE NEWSWIRE) -- Hooker Furniture Corporation (NASDAQ:HOFT) has promoted George Revington to Chief Operating Officer of Hooker Furniture Corporation, a new position.
In the role, Revington will be responsible for all operating divisions of Hooker Furniture and HMI. These include legacy brands Hooker Furniture Casegoods, Hooker Upholstery, Sam Moore and Bradington-Young. At HMI, which Hooker Furniture Corp. acquired last year, operating divisions include Pulaski Furniture, Samuel Lawrence, Prime Resources, Right 2 Home and Samuel Lawrence Hospitality.
Revington has been serving as Home Meridian Segment President. Prior to joining Home Meridian, Revington was president of Universal Furniture.
“George has done a very good job at HMI of utilizing data-driven analysis of their business, as the foundation to develop and implement strategies for growth in an ever-changing industry landscape,” said Paul B. Toms Jr., chairman and chief executive officer of Hooker Furniture Corp. “We are excited about him leading a similar strategic development for the combined companies, and are confident this will better position Hooker Furniture, Bradington-Young and Sam Moore for future growth,” he said.
“I’m excited about the opportunity to work with both of these great companies and see them continue to adapt and grow as the marketplace shifts,” Revington said. “We have an excellent team in place at both companies, and there are many opportunities to be more efficient and serve our customers better.”
Toms will retain responsibility for all corporate functions including Administration, Human Resources, Finance, Information Services as well as shareholder and Board Relations. Revington reports to Toms.
Toms said there are no other changes at the company. Michael Delgatti continues as President of Hooker Furniture’s legacy companies and now reports to Revington.
Hooker Furniture Corporation’s 2016 acquisition of Home Meridian International (HMI) ranks the combined companies as one of the top five sources for the U.S. furniture market. An importer of residential wood and metal furniture and a manufacturer and importer of upholstered furniture in the upper-medium price points, Hooker Furniture was founded in 1924 and is based in Martinsville, Va. The Home Meridian division addresses more moderate price points and channels of distribution. HMI brands include Pulaski Furniture, Samuel Lawrence Furniture, Prime Resources, Sourcing Solutions Group, Right 2 Home and Samuel Lawrence Hospitality. Hooker Furniture Corporation’s corporate offices and upholstery manufacturing facilities are located in Virginia and North Carolina, with showrooms in High Point, N.C. and Ho Chi Minh City, Vietnam. The company operates eight distribution centers in North Carolina, Virginia, California and Vietnam. The company's stock is listed on the Nasdaq Global Select Market under the symbol HOFT. Please visit our websites at hookerfurniture.com, sammoore.com, homemeridian.com, slhco.com, pulaskifurniture.com, bradington-young.com.
For more information, contact:
Paul B. Toms, Chairman and Chief Executive Officer, Hooker Furniture;
Phone: 276-632-2133; ptoms@hookerfurniture.com