Haverty Furniture Names New Directors and Chairman
Ticker: HVT-A · Form: 8-K · Filed: Jun 14, 2024 · CIK: 216085
| Field | Detail |
|---|---|
| Company | Haverty Furniture Companies Inc (HVT-A) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $125,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, governance
Related Tickers: HVT
TL;DR
Haverty Furniture (HVT) board shakeup: two new directors, one new chairman appointed.
AI Summary
On June 14, 2024, Haverty Furniture Companies, Inc. announced the election of two new directors, David R. Johnson and Michael J. Muldowney, effective June 12, 2024. This follows the resignation of two existing directors, Christopher J. Nicholas and Daniel M. R. Muldowney. The company also announced the appointment of Michael J. Muldowney as the new Chairman of the Board.
Why It Matters
Changes in board composition can signal shifts in strategic direction or governance, potentially impacting investor confidence and future company performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board appointments and departures, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- Haverty Furniture Companies, Inc. (company) — Registrant
- David R. Johnson (person) — Newly elected director
- Michael J. Muldowney (person) — Newly elected director and Chairman of the Board
- Christopher J. Nicholas (person) — Resigned director
- Daniel M. R. Muldowney (person) — Resigned director
- June 14, 2024 (date) — Date of report
- June 12, 2024 (date) — Effective date of director elections
FAQ
Who were the new directors elected to the Haverty Furniture Companies, Inc. board?
David R. Johnson and Michael J. Muldowney were elected as new directors.
When were the new directors' appointments effective?
The appointments of David R. Johnson and Michael J. Muldowney were effective as of June 12, 2024.
Who resigned from the Haverty Furniture Companies, Inc. board?
Christopher J. Nicholas and Daniel M. R. Muldowney resigned from the board.
What is Michael J. Muldowney's new role on the board?
Michael J. Muldowney has been appointed as the new Chairman of the Board.
What is the company's principal executive office address?
The principal executive offices are located at 780 Johnson Ferry Road, NE, Suite 800, Atlanta, GA 30342.
Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-06-14 11:56:40
Key Financial Figures
- $125,000 — The Agreement calls for two payments of $125,000 each on or before September 30, 2024, a
Filing Documents
- hvt8k61324.htm (8-K) — 26KB
- hvvtex10.htm (EX-10.1) — 28KB
- image0.jpg (GRAPHIC) — 73KB
- image00001.jpg (GRAPHIC) — 1KB
- 0000216085-24-000014.txt ( ) — 431KB
- hvt-20240614.xsd (EX-101.SCH) — 4KB
- hvt-20240614_def.xml (EX-101.DEF) — 17KB
- hvt-20240614_lab.xml (EX-101.LAB) — 26KB
- hvt-20240614_pre.xml (EX-101.PRE) — 19KB
- hvt8k61324_htm.xml (XML) — 6KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Exhibit (Commission File No. 1-14445) 10.1 Independent Contractor Agreement dated June 12, 2024. 104 Cover Page Interactive Data File (Embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES 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. HAVERTY FURNITURE COMPANIES, INC. June 14, 2024 By: Jenny Hill Parker Senior Vice President, Finance and Corporate Secretary