Haverty Furniture Companies Management
Management criteria checks 3/4
Haverty Furniture Companies' CEO is Steve Burdette, appointed in Mar 2021, has a tenure of 3.83 years. total yearly compensation is $1.39M, comprised of 37.7% salary and 62.3% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth €1.05M. The average tenure of the management team and the board of directors is 5.5 years and 7.5 years respectively.
Key information
Steve Burdette
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 37.7% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.5yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$27m |
| Jun 30 2024 | n/a | n/a | US$39m |
| Mar 31 2024 | n/a | n/a | US$46m |
| Dec 31 2023 | US$1m | US$525k | US$56m |
| Sep 30 2023 | n/a | n/a | US$65m |
| Jun 30 2023 | n/a | n/a | US$72m |
| Mar 31 2023 | n/a | n/a | US$82m |
| Dec 31 2022 | US$1m | US$500k | US$89m |
| Sep 30 2022 | n/a | n/a | US$90m |
| Jun 30 2022 | n/a | n/a | US$90m |
| Mar 31 2022 | n/a | n/a | US$91m |
| Dec 31 2021 | US$2m | US$463k | US$91m |
| Sep 30 2021 | n/a | n/a | US$92m |
| Jun 30 2021 | n/a | n/a | US$86m |
| Mar 31 2021 | n/a | n/a | US$77m |
| Dec 31 2020 | US$1m | US$365k | US$59m |
| Sep 30 2020 | n/a | n/a | US$40m |
| Jun 30 2020 | n/a | n/a | US$28m |
| Mar 31 2020 | n/a | n/a | US$20m |
| Dec 31 2019 | US$865k | US$380k | US$22m |
| Sep 30 2019 | n/a | n/a | US$25m |
| Jun 30 2019 | n/a | n/a | US$27m |
| Mar 31 2019 | n/a | n/a | US$28m |
| Dec 31 2018 | US$847k | US$380k | US$30m |
Compensation vs Market: Steve's total compensation ($USD1.39M) is above average for companies of similar size in the German market ($USD973.18K).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Burdette (62 yo)
3.8yrs
Tenure
US$1,391,998
Compensation
Mr. Steven G. Burdette, also known as Steve, serves as Chief Executive Officer and Director since January 1, 2025 and has been President at Haverty Furniture Companies, Inc. since March 01, 2021 and served...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 36yrs | US$2.89m | 5.02% € 17.9m | |
| President | 3.8yrs | US$1.39m | 0.29% € 1.0m | |
| Executive VP & CFO | 7.7yrs | US$1.16m | 0.16% € 584.3k | |
| Executive Vice President of Merchandising | 6.5yrs | US$980.81k | 0.19% € 681.9k | |
| Senior VP & General Counsel | 18.7yrs | no data | 0.37% € 1.3m | |
| Senior Vice President of Marketing & Digital | 5.4yrs | no data | 0.080% € 283.8k | |
| Senior VP & Chief Human Resources Officer | 5.7yrs | no data | 0.11% € 393.2k | |
| Senior Vice President of Stores | 3.8yrs | no data | no data | |
| Senior Vice President of Strategic Development & Real Estate | 1.8yrs | no data | no data | |
| Senior Vice President of Information Technology | less than a year | no data | 0.023% € 82.7k | |
| Senior VP of Finance & Corporate Secretary | 28yrs | no data | 0.20% € 727.5k | |
| VP, Corporate Controller & Treasurer | 17yrs | no data | no data |
5.5yrs
Average Tenure
60yo
Average Age
Experienced Management: 25F0's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 36yrs | US$2.89m | 5.02% € 17.9m | |
| President | no data | US$1.39m | 0.29% € 1.0m | |
| Independent Director | 23.2yrs | US$140.00k | 0.22% € 792.4k | |
| Non-Independent Non-Executive Director | 33yrs | US$197.01k | 0.85% € 3.0m | |
| Independent Director | 2.2yrs | US$140.00k | 0.0085% € 30.2k | |
| Independent Director | 21.3yrs | US$150.00k | 0.088% € 314.4k | |
| Independent Director | 4.3yrs | US$140.00k | 0.041% € 144.8k | |
| Independent Lead Director | 6.4yrs | US$152.00k | 0.092% € 329.2k | |
| Independent Director | 8.7yrs | US$146.67k | 0% € 0 | |
| Independent Director | less than a year | no data | 0.020% € 70.0k |
7.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: 25F0's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 13:39 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Haverty Furniture Companies, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristine Koerber | Barrington Research Associates, Inc. |
| Michael Legg | Benchmark Company |
| Bradley Thomas | KeyBanc Capital Markets Inc. |