Havertys Names New Non-Exec Chairman, Promotes 4

May 16, 2010  by in UnCategorized   

By Home Furnishings Business in Executive Changes on May 17, 2010 L. Phillip "Phil" Humann has been elected non-executive chairman of Haverty Furniture Cos. (NYSE: HVT and HVT.A), succeeding Clarence "Clancy" Ridley who retired from the post.

Ridley has been elected chairman emeritus for the board.

Humann has been on Havertys' board since 1992 and as a member of the executive committee since 1995. Prior to his election as chairman, he was a member of the compensation committee and has previously served on the audit committee. Humann was chairman of the board of SunTrust Banks, a position he held for 10 years. He retired in April 2009 and currently is presiding director of Equifax and director of Coca-Cola Enterprises.

"I am honored to serve as chairman of a company with such a long history of integrity and success," Humann said. "We appreciate Clancy's dedication to Havertys and many years of service as a director and chairman."

In addition, Havertys announced the promotions of Allan DeNiro, Jenny Parker, Janet Taylor and Randall Davis.

DeNiro has been named senior vice president, chief people officer. He joined the company in 2004 as vice president, human resources and was named chief people officer in 2005. He has more than 20 years of experience in all areas of human capital development including strategy and organizational design, recruiting, training, labor relations and mentorship.

Parker has been named senior vice president, finance, secretary and treasurer. Parker was senior manager for KPMG with more than 12 years experience when she joined Havertys in 1994. She has served as a financial officer since 1994 and was promoted to vice president, finance in 1996. Parker assumed the roles of secretary in 1997 and treasurer in 1998.

Taylor was promoted to senior vice president, general counsel. Taylor served as a partner from 2000 to 2005 in the corporate department at the Atlanta office of King & Spalding. She also gained experience as assistant general counsel for a medical services corporation. Taylor joined Havertys in 2005 as vice president, law and was promoted to vice president and general counsel in 2006.

Randall "Randy" Davis was promoted to vice president, corporate controller. He joined Havertys as assistant controller in 2006 and was promoted to corporate controller in 2008. Davis is a certified public accountant and his prior experience includes more than three years in public accounting and more than five years in the private sector.

"We are pleased to promote these senior officers and dedicated professionals that serve in key positions in the human capital, finance and compliance, legal, and accounting areas of our business, functions critical to Havertys' success," said Clarence H. Smith, president and chief executive officer.