Havertys Announces Key Leadership Promotions and Quarterly Dividend

By Benzinga12 days ago


ATLANTA, Feb. 23, 2021 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE: HVT and HVT.A) announced today, that its board of directors made important promotions in further developing and strengthening Havertys leadership team. Steven Burdette was elected president effective March 1, 2021. He will succeed Clarence Smith who will remain chairman and chief executive officer.

Burdette, 59, currently serves as executive vice president, operations. He has over 37 years of experience with the company and has held responsibilities for all aspects of the stores, distribution operations, merchandising, supply chain, and marketing. Burdette started his career with Havertys as a manager trainee in Tampa, Florida, and held progressively more challenging roles in four additional Havertys markets. He joined the corporate management team in 1993 and was appointed vice president, merchandising in 1994 and vice president, operations in 2002. He was elected senior vice president, operations in 2003, executive vice president, stores in 2008, and his current position in 2017.

“Steve has deep knowledge of the industry and embodies Havertys' culture and values, and I am pleased to welcome him to this new role,“ said Clarence Smith, chairman and chief executive officer. “Steve has touched virtually every aspect of our business over his career and is a passionate and driven leader. His knowledge and ...

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