Heritage Home Group Names Interim CEO

May 18, 2015  by in Executive Changes, Industry   

In addition to leading HHG on a day-to-day basis, Lozyniak will assist the company’s board in recruiting a permanent CEO for the company that owns Broyhill, Thomasville, Hickory Chair, Pearson, Drexel Heritage and other name furniture brands.

Lozyniak has served as CEO of three portfolio companies of KPS Capital Partners, Heritage Home’s controlling stockholder. Most recently he was CEO of North American Breweries, one of the largest independent beer companies in the United States.

Glazer had been CEO of HHG since its formation in 2013.

“Our board is pleased that Rich Lozyniak will serve as HHG’s interim CEO, following exceptional tenures with three other KPS portfolio companies,” said Raquel Vargas Palmer, chairman of KPS. “Rich brings a unique combination of leadership skills, a strong consumer and branded product experience and expertise across a variety of industries.  He is an expert at building organizations, driving a performance-based corporate culture and catalyzing change.  He is the right leader to manage HHG while the board selects a new CEO in the coming months.”

Palmer acknowledged Glazer’s tenure.

“Under his leadership, HHG has assembled a new management team of industry leaders, completely transformed the assets acquired from Furniture Brands and positioned the company for the next phase of growth,” Palmer said.

"I am delighted to once again have the opportunity to lead a KPS company that is undertaking bold and exciting steps to restore its rightful place as an industry leader," Lozyniak said. "HHG possesses an unrivaled stable of great brands and assets, an exceptional workforce, a solid balance sheet and access to additional capital for growth. I look forward to building on the tremendous accomplishments that the HHG team has made over the past eighteen months, and accelerating the business momentum already achieved.”