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Bassett Furniture Industries, Incorporated (BSET)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
14.80+0.19 (+1.30%)
At close: 04:00PM EDT
14.80 0.00 (0.00%)
After hours: 04:00PM EDT

Bassett Furniture Industries, Incorporated

3525 Fairystone Park Highway
PO Box 626
Bassett, VA 24055
United States
276 629 6000
https://www.bassettfurniture.com

Sector(s)Consumer Cyclical
IndustryFurnishings, Fixtures & Appliances
Full Time Employees1,389

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert H. Spilman Jr.President, CEO & Chairman481.1kN/A1956
Mr. J. Michael DanielSenior VP and Chief Financial & Administrative Officer297.75kN/A1962
Mr. John E. Bassett IIISenior VP & Chief Operations Officer296.92kN/A1959
Mr. Bruce R. CohenourSenior VP & Chief Sales Officer413.42kN/A1958
Brian W. ClaspellVP & Chief Information OfficerN/AN/AN/A
Mr. Jay R. Hervey Esq.VP, Secretary & General CounselN/AN/A1960
Peter D. MorrisonVP, VP of Communications & Chief Creative OfficerN/AN/AN/A
Edward H. WhiteVice President of Human ResourcesN/AN/AN/A
Mr. Mark S. JordanSenior Vice President of Upholstery222.17k74.93k1954
Kara Ann Kelchner-StrongSenior VP & Customer Experience OfficerN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail –Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers. The company also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations. In addition, it owns and leases land, retail store properties, warehouses, and distribution centers. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.

Corporate Governance

Bassett Furniture Industries, Incorporated’s ISS Governance QualityScore as of March 1, 2024 is 4. The pillar scores are Audit: 5; Board: 5; Shareholder Rights: 5; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.