Bassett Furniture Industries Management
Management criteria checks 4/4
Bassett Furniture Industries' CEO is Rob Spilman, appointed in Jan 2000, has a tenure of 24.33 years. total yearly compensation is $533.75K, comprised of 88.9% salary and 11.1% bonuses, including company stock and options. directly owns 3.3% of the company’s shares, worth $4.03M. The average tenure of the management team and the board of directors is 15.3 years and 13.3 years respectively.
Key information
Rob Spilman
Chief executive officer
US$533.8k
Total compensation
| CEO salary percentage | 88.9% |
| CEO tenure | 24.3yrs |
| CEO ownership | 3.3% |
| Management average tenure | 15.3yrs |
| Board average tenure | 13.3yrs |
Recent management updates
Recent updates
Merion 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 03Bassett Furniture Industries: A Decent Company At A Great Price
Jan 31When Should You Buy Bassett Furniture Industries, Incorporated (NASDAQ:BSET)?
Jan 21Bassett: +41% EPS, 33% Net Cash And 5x P/E Make For An Attractive Buying Opportunity
Oct 05Should You Think About Buying Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Now?
Sep 12Statutory Profit Doesn't Reflect How Good Bassett Furniture Industries' (NASDAQ:BSET) Earnings Are
Jul 08Bassett Furniture: Q2 Earnings Beat 2x, 8.6 P/E, 24% Net Cash, Record Orders
Jul 02Does It Make Sense To Buy Bassett Furniture Industries, Incorporated (NASDAQ:BSET) For Its Yield?
Mar 04Why It Might Not Make Sense To Buy Bassett Furniture Industries, Incorporated (NASDAQ:BSET) For Its Upcoming Dividend
Feb 06
Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Analysts Are Pretty Bullish On The Stock After Recent Results
Jan 23At US$21.50, Is It Time To Put Bassett Furniture Industries, Incorporated (NASDAQ:BSET) On Your Watch List?
Jan 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Aug 25 2018 | n/a | n/a | US$11m |
| May 26 2018 | n/a | n/a | US$13m |
| Feb 24 2018 | n/a | n/a | US$14m |
| Nov 25 2017 | US$950k | US$400k | US$18m |
Compensation vs Market: Rob's total compensation ($USD533.75K) is about average for companies of similar size in the US market ($USD674.55K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Spilman (67 yo)
24.3yrs
Tenure
US$533,750
Compensation
Mr. Robert H. Spilman, Jr., also known as Rob, has been President and Chief Executive Officer of Bassett Furniture Industries, Incorporated since March 2000. He has been with Bassett Furniture Industries I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 24.3yrs | US$533.75k | 3.3% $ 4.0m | |
| Senior VP and Chief Financial & Administrative Officer | 11.3yrs | US$339.87k | 0.59% $ 722.3k | |
| Senior VP & Chief Operations Officer | no data | US$339.04k | 0.59% $ 721.9k | |
| Senior VP & Chief Sales Officer | 11.3yrs | US$455.54k | 0.41% $ 497.3k | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| VP, Secretary & General Counsel | 27.3yrs | no data | 0.12% $ 152.0k | |
| 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 | 15.3yrs | US$331.60k | 0% $ 0 | |
| Senior VP & Customer Experience Officer | no data | no data | 0.073% $ 89.4k | |
| Senior Vice President of Corporate Retail | no data | no data | no data | |
| VP & Corporate Controller | no data | no data | no data |
15.3yrs
Average Tenure
64.5yo
Average Age
Experienced Management: BSET's management team is seasoned and experienced (15.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 27.3yrs | US$533.75k | 3.3% $ 4.0m | |
| Independent Director | 7.8yrs | US$94.99k | 0.42% $ 514.1k | |
| Lead Independent Director | 20.3yrs | US$109.99k | 0.89% $ 1.1m | |
| Chairman Emeritus | 8.2yrs | US$24.99k | 0% $ 0 | |
| Independent Director | 17.3yrs | US$104.99k | 0.21% $ 259.4k | |
| Independent Director | 19.7yrs | US$99.99k | 0.29% $ 352.5k | |
| Independent Director | 13.3yrs | US$94.99k | 0.21% $ 255.2k | |
| Independent Director | 6.2yrs | US$94.99k | 0.17% $ 209.0k | |
| Independent Director | 3.6yrs | US$94.99k | 0.094% $ 114.8k |
13.3yrs
Average Tenure
64yo
Average Age
Experienced Board: BSET's board of directors are seasoned and experienced ( 13.3 years average tenure).