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Steve Wolfe to Oversee Stanley Furniture Supply Chain

By Home Furnishings Business in Case Goods on September 30, 2010

Steve Wolfe has joined Stanley Furniture (NASDAQ: STLY) in the new position of vice president of global supply chain and logistics.

Wolfe will manage the company's supply chain and provide strategic and managerial leadership for Stanley Furniture's overseas logistics planning, transportation, warehouse management and delivery as Stanley transitions itss adult product line from a partially domestic manufacturing model to a sourced one.

Wolfe has an extensive background in supply chain management and synchronization, international logistics, domestic and international transportation, carrier selection and negotiations, inventory management and forecast and demand planning.

A graduate of the University of Tennessee with a Bachelor's degree in transportation and logistics, Wolfe has nearly 30 years of experience in the furniture industry. After stints at both Broyhill Furniture Industries and Bernhardt Furniture, Wolfe most recently was executive vice president at Zenith Global Logistics in Conover, N.C.

"The initial success of our Spring Market and Fall Pre-Market introductions encourage us that our transition is headed in the right direction," said Stanleytown, Va.-based Stanley Furniture's COO, Micah Goldstein. "Now that we€™ve proven we can deliver on our product development promises, customers are looking to us to continue flowing product on a consistent basis. Steve has a successful track record of helping companies do just that."

"Steve€™s experience affords him a unique perspective when it comes to overseas and domestic logistics practices that have been successful in our industry," said Glenn Prillaman, Stanley Furniture's President and CEO. "He will be a tremendous asset to our company and to the team of people who are leading Stanley Furniture back to a position of prominence in the industry."

In his new role Wolfe reports to Chief Operating Officer Micah Goldstein. Larry Hagwood, Paula Wyatt and Pam Crum report to Wolfe, as well as traffic line-up specialists Sharon Deaton and Jeff Masters.



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