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From Home Furnishing Business

Hooker Furniture Execs Get Raises

Hooker Furniture Corp. gave its key management salary increases, according to a regulatory filing.

Hooker Furniture Corp. said in a regulatory filing that Paul Toms Jr., its chairman and chief executive, received a 2.6 percent raise in salary to $370,082 in 2013.

However, Toms’ overall compensation fell 39.6 percent. He was not made eligible for stock awards in 2013 after being made eligible for stock awards valued at $438,000 on the date they were awarded in 2012.

Read Entire Story Source: Winston-Salem Journal 



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