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Bassett Furniture Industries, Incorporated (BSET)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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30.49+0.18 (+0.59%)
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Bassett Furniture Industries, Incorporated

3525 Fairystone Park Highway
Bassett, VA 24055
United States
276-629-6000
http://www.bassettfurniture.com

Sector(s)Consumer Cyclical
IndustryFurnishings, Fixtures & Appliances
Full Time Employees2,071

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert H. Spilman Jr.Pres, CEO & Chairman597.81kN/A1956
Mr. J. Michael DanielSr. VP and Chief Financial & Admin. Officer323.79kN/A1962
Mr. John E. Bassett IIISr. VP & Chief Operations Officer323.75kN/A1959
Mr. Bruce R. CohenourSr. VP & Chief Sales Officer482.08kN/A1958
Mr. Jack Leroy Hawn Jr.Pres of Zenith Freight Lines351.5kN/A1954
Brian W. ClaspellVP & Chief Information OfficerN/AN/AN/A
Mr. Jay R. HerveyVP, Gen. Counsel & Sec.N/AN/A1960
Peter D. MorrisonVP, VP of Communications & Chief Creative OfficerN/AN/AN/A
Edward H. WhiteVP of HRN/AN/AN/A
Mr. Mark S. JordanSr. VP of UpholsteryN/AN/A1954
Amounts are as of December 31, 2020 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 engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail –company-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 28, 2020, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. 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 April 30, 2021 is 4. The pillar scores are Audit: 1; Board: 4; 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.