Haverty Furniture Companies Management
Management criteria checks 4/4
Haverty Furniture Companies' CEO is Clarence Smith, appointed in Jan 2002, has a tenure of 22.25 years. total yearly compensation is $2.89M, comprised of 26.3% salary and 73.7% bonuses, including company stock and options. directly owns 5.05% of the company’s shares, worth $25.07M. The average tenure of the management team and the board of directors is 5.3 years and 20.5 years respectively.
Key information
Clarence Smith
Chief executive officer
US$2.9m
Total compensation
CEO salary percentage | 26.3% |
CEO tenure | 22.3yrs |
CEO ownership | 5.0% |
Management average tenure | 5.3yrs |
Board average tenure | 20.5yrs |
Recent management updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$3m | US$760k | 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$3m | US$725k | 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$3m | US$690k | 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$2m | US$602k | 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$2m | US$660k | 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$2m | US$660k | US$30m |
Sep 30 2018 | n/a | n/a | US$24m |
Jun 30 2018 | n/a | n/a | US$21m |
Mar 31 2018 | n/a | n/a | US$21m |
Dec 31 2017 | US$2m | US$650k | US$21m |
Compensation vs Market: Clarence's total compensation ($USD2.89M) is about average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Clarence's compensation has been consistent with company performance over the past year.
CEO
Clarence Smith (72 yo)
22.3yrs
Tenure
US$2,887,694
Compensation
Mr. Clarence H. Smith has been an Independent Director at Oxford Industries, Inc. since November 4, 2003. Mr. Smith serves as a Trustee of Marist School. Mr. Smith served as President of Haverty Furniture...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 22.3yrs | US$2.89m | 5.05% $ 25.1m | |
President | 3.1yrs | US$1.39m | 0.28% $ 1.4m | |
Executive VP & CFO | 6.9yrs | US$1.16m | 0.15% $ 765.2k | |
Executive VP & Chief Information Officer | 24.3yrs | US$1.01m | 0.28% $ 1.4m | |
Executive Vice President of Merchandising | 5.8yrs | US$980.81k | 0.18% $ 911.9k | |
Senior VP & General Counsel | 17.9yrs | no data | 0.36% $ 1.8m | |
Senior Vice President of Marketing & Digital | 4.7yrs | no data | 0.071% $ 355.2k | |
Senior VP & Chief HR Officer | 4.9yrs | no data | 0.10% $ 499.4k | |
Senior Vice President of Stores | 3.1yrs | no data | no data | |
Senior Vice President of Merchandising | 3.1yrs | no data | no data | |
Senior VP of Strategic Development & Real Estate | 1.1yrs | no data | no data | |
Senior VP of Finance & Corporate Secretary | 27.3yrs | no data | 0.20% $ 982.5k |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Management: HVT.A's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 35.3yrs | US$2.89m | 5.05% $ 25.1m | |
Independent Director | 22.4yrs | US$140.00k | 0.20% $ 1.0m | |
Non-Independent Non-Executive Director | 32.3yrs | US$197.01k | 0.84% $ 4.2m | |
Independent Director | 24.9yrs | US$143.33k | 0.022% $ 107.7k | |
Independent Director | 1.4yrs | US$140.00k | 0.0086% $ 42.5k | |
Independent Director | 20.5yrs | US$150.00k | 0.38% $ 1.9m | |
Independent Director | 3.6yrs | US$140.00k | 0.041% $ 203.8k | |
Independent Lead Director | 5.7yrs | US$152.00k | 0.093% $ 463.5k | |
Independent Director | 7.9yrs | US$146.67k | 0% $ 0 |
20.5yrs
Average Tenure
66yo
Average Age
Experienced Board: HVT.A's board of directors are seasoned and experienced ( 20.5 years average tenure).