Bassett Furniture Industries Management
Management criteria checks 4/4
Bassett Furniture Industries' CEO is Rob Spilman, appointed in Jan 2000, has a tenure of 25.08 years. total yearly compensation is $533.75K, comprised of 88.9% salary and 11.1% bonuses, including company stock and options. directly owns 3.33% of the company’s shares, worth $4.45M. The average tenure of the management team and the board of directors is 16.1 years and 14.1 years respectively.
Key information
Rob Spilman
Chief executive officer
US$533.8k
Total compensation
| CEO salary percentage | 88.9% |
| CEO tenure | 25.1yrs |
| CEO ownership | 3.3% |
| Management average tenure | 16.1yrs |
| Board average tenure | 14.1yrs |
Recent management updates
Recent updates
Bassett Furniture Industries: An Overdue Downgrade
Jan 08Bassett Furniture: Cybersecurity Incident Weakened Q3
Oct 11Bassett Furniture: Waiting For Lower Price
Jul 27Bassett Furniture: Caution Is Required Ahead Of Q2 Results
Jul 03Merion Road Capital - Bassett Furniture: Under The Radar Stock With Compelling Risk-Reward
Apr 20Bassett Furniture: Great Brand, Lousy Investment
Apr 03Bassett Furniture: 2 Takeover Offers, 12% Dividend, 52% Net Cash
Oct 12Bassett Furniture declares $0.16 dividend
Oct 06Bassett Furniture GAAP EPS of $0.82, revenue of $118.01M
Sep 29Bassett Furniture Industries acquires online retailer Noa Home
Sep 06Bassett Furniture Industries (NASDAQ:BSET) Will Pay A Larger Dividend Than Last Year At $0.16
Jul 18
Bassett Furniture raises dividend by 14% to $0.16/share
Jul 14A Look At The Fair Value Of Bassett Furniture Industries, Incorporated (NASDAQ:BSET)
Jul 13Bassett Furniture: EPS +43% And Above Consensus, 12% Dividend Yield, 61% Net Cash
Apr 07Why We Think Bassett Furniture Industries, Incorporated's (NASDAQ:BSET) CEO Compensation Is Not Excessive At All
Mar 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2024 | n/a | n/a | -US$10m |
| Aug 31 2024 | n/a | n/a | -US$17m |
| Jun 01 2024 | n/a | n/a | -US$15m |
| Mar 02 2024 | n/a | n/a | -US$6m |
| Nov 25 2023 | US$534k | US$475k | -US$3m |
| Aug 26 2023 | n/a | n/a | US$6m |
| May 27 2023 | n/a | n/a | US$17m |
| Feb 25 2023 | n/a | n/a | US$23m |
| Nov 26 2022 | US$956k | US$465k | US$25m |
| Aug 27 2022 | n/a | n/a | US$25m |
| May 28 2022 | n/a | n/a | US$20m |
| Feb 26 2022 | n/a | n/a | US$18m |
| Nov 27 2021 | US$2m | US$451k | US$17m |
| Aug 28 2021 | n/a | n/a | US$19m |
| May 29 2021 | n/a | n/a | US$17m |
| Feb 27 2021 | n/a | n/a | -US$8m |
| Nov 28 2020 | US$1m | US$369k | -US$11m |
| Aug 29 2020 | n/a | n/a | -US$22m |
| May 30 2020 | n/a | n/a | -US$22m |
| Feb 29 2020 | n/a | n/a | -US$1m |
| Nov 30 2019 | US$423k | US$415k | -US$2m |
| Aug 31 2019 | n/a | n/a | US$5m |
| Jun 01 2019 | n/a | n/a | US$6m |
| Mar 02 2019 | n/a | n/a | US$10m |
| Nov 24 2018 | US$1m | US$413k | US$8m |
Compensation vs Market: Rob's total compensation ($USD533.75K) is about average for companies of similar size in the US market ($USD632.75K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Spilman (68 yo)
25.1yrs
Tenure
US$533,750
Compensation
Mr. Robert H. Spilman, Jr. also known as Rob, is Director of Questar Gas Company from 2009 and was its Lead Director until 2024. Mr. Spilman has been President and Chief Executive Officer of Bassett Furnit...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 25.1yrs | US$533.75k | 3.33% $ 4.5m | |
| Senior VP and Chief Financial & Administrative Officer | 12.1yrs | US$339.87k | 0.61% $ 814.5k | |
| Senior VP & Chief Operations Officer | no data | US$339.04k | 0.60% $ 802.1k | |
| Senior VP & Chief Sales Officer | 12.1yrs | US$455.54k | 0.41% $ 547.1k | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| VP, Secretary & General Counsel | 28.1yrs | no data | 0.13% $ 167.5k | |
| VP of Communications & Chief Creative Officer | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Upholstery | 16.1yrs | US$331.60k | no data | |
| Senior VP & Customer Experience Officer | no data | no data | no data | |
| Senior Vice President of Corporate Retail | no data | no data | no data | |
| VP & Corporate Controller | no data | no data | no data |
16.1yrs
Average Tenure
65.5yo
Average Age
Experienced Management: BSET's management team is seasoned and experienced (16.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 28.1yrs | US$533.75k | 3.33% $ 4.5m | |
| Independent Director | 8.6yrs | US$94.99k | 0.47% $ 625.1k | |
| Lead Independent Director | 21.1yrs | US$109.99k | 0.89% $ 1.2m | |
| Chairman Emeritus | 8.9yrs | US$24.99k | no data | |
| Independent Director | 18.1yrs | US$104.99k | 0.21% $ 285.8k | |
| Independent Director | 20.4yrs | US$99.99k | 0.29% $ 388.5k | |
| Independent Director | 14.1yrs | US$94.99k | 0.21% $ 281.2k | |
| Independent Director | 6.9yrs | US$94.99k | 0.17% $ 230.3k | |
| Independent Director | 4.3yrs | US$94.99k | 0.095% $ 126.5k |
14.1yrs
Average Tenure
65yo
Average Age
Experienced Board: BSET's board of directors are seasoned and experienced ( 14.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 17:52 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/11/30 |
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 |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Bassett Furniture Industries, Incorporated is covered by 4 analysts. 2 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 |
|---|---|
| Anthony Lebiedzinski | Sidoti & Company, LLC |
| John Baugh | Stifel, Equities Research |
| Budd Bugatch | Water Tower Research LLC |