Haverty Furniture Companies Management
Management criteria checks 4/4
Haverty Furniture Companies' CEO is Clarence Smith, appointed in Jan 2002, has a tenure of 22.33 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 $25.34M. The average tenure of the management team and the board of directors is 5.4 years and 20.6 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 | 5.4yrs |
| Board average tenure | 20.6yrs |
Recent management updates
Recent updates
Haverty Furniture: Conflicted About This Home Furnishing Retailer (Rating Downgrade)
Apr 23Earnings Update: Here's Why Analysts Just Lifted Their Haverty Furniture Companies, Inc. (NYSE:HVT) Price Target To US$45.00
Feb 24
Should You Think About Buying Haverty Furniture Companies, Inc. (NYSE:HVT) Now?
Feb 23Haverty Furniture: Elevated Gross Margins, Pressured Sales
Jan 27Haverty Furniture Companies: Shares Are Still On Sale
Nov 09Haverty Furniture Companies (NYSE:HVT) Might Have The Makings Of A Multi-Bagger
Nov 05Haverty Furniture: Still Not The Best Time To Go Long
Sep 27Haverty Furniture Companies Deserves To Climb Even In Light Of Recent Pain
Jul 16An Intrinsic Calculation For Haverty Furniture Companies, Inc. (NYSE:HVT) Suggests It's 37% Undervalued
Jul 14Haverty Furniture And Its Real Value
Jun 26Haverty Furniture Companies' (NYSE:HVT) Upcoming Dividend Will Be Larger Than Last Year's
May 25Are Investors Undervaluing Haverty Furniture Companies, Inc. (NYSE:HVT) By 38%?
Mar 07Haverty Furniture declares $0.28 dividend
Feb 24Haverty Furniture: Quarterly Results Will Be Telling
Feb 08Shareholders Would Enjoy A Repeat Of Haverty Furniture Companies' (NYSE:HVT) Recent Growth In Returns
Feb 04Haverty Furniture declares $0.28 quarterly, $1 special dividend
Nov 11Haverty Furniture: A Retailer Ready For The Next Recession
Sep 08Haverty Furniture Companies' (NYSE:HVT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 17Here's Why We Think Haverty Furniture Companies (NYSE:HVT) Might Deserve Your Attention Today
Aug 09Haverty Furniture Q2 GAAP EPS, revenue up
Aug 02Under The Bonnet, Haverty Furniture Companies' (NYSE:HVT) Returns Look Impressive
Jun 23Estimating The Intrinsic Value Of Haverty Furniture Companies, Inc. (NYSE:HVT)
May 05Haverty Furniture Carves Financial Stability
May 04Haverty Furniture Companies: An Excellent Play On The Furnishings Space
Jan 28Haverty - An Update Post The Q3 Results
Nov 03We Think Haverty Furniture Companies (NYSE:HVT) Might Have The DNA Of A Multi-Bagger
Oct 30Haverty Stock: An Update Post The Q2 Results
Aug 18Here's Why We Think Haverty Furniture Companies (NYSE:HVT) Is Well Worth Watching
Jul 20Should You Think About Buying Haverty Furniture Companies, Inc. (NYSE:HVT) Now?
Jun 20CEO 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 ($USD2.41M).
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% $ 25.3m | |
| President | 3.2yrs | US$1.39m | 0.28% $ 1.4m | |
| Executive VP & CFO | 7yrs | US$1.16m | 0.15% $ 773.5k | |
| 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% $ 921.8k | |
| Senior VP & General Counsel | 18yrs | no data | 0.36% $ 1.8m | |
| Senior Vice President of Marketing & Digital | 4.8yrs | no data | 0.071% $ 359.0k | |
| Senior VP & Chief HR Officer | 5yrs | no data | 0.10% $ 504.8k | |
| Senior Vice President of Stores | 3.2yrs | no data | no data | |
| Senior Vice President of Merchandising | 3.2yrs | no data | no data | |
| Senior VP of Strategic Development & Real Estate | 1.2yrs | no data | no data | |
| Senior VP of Finance & Corporate Secretary | 27.3yrs | no data | 0.20% $ 993.1k |
5.4yrs
Average Tenure
60yo
Average Age
Experienced Management: HVT's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 35.3yrs | US$2.89m | 5.05% $ 25.3m | |
| Independent Director | 22.5yrs | US$140.00k | 0.20% $ 1.0m | |
| Non-Independent Non-Executive Director | 32.3yrs | US$197.01k | 0.84% $ 4.2m | |
| Independent Director | 25yrs | US$143.33k | 0.022% $ 108.8k | |
| Independent Director | 1.5yrs | US$140.00k | 0.0086% $ 42.9k | |
| Independent Director | 20.6yrs | US$150.00k | 0.38% $ 1.9m | |
| Independent Director | 3.7yrs | US$140.00k | 0.041% $ 206.0k | |
| Independent Lead Director | 5.8yrs | US$152.00k | 0.093% $ 468.5k | |
| Independent Director | 8yrs | US$146.67k | 0% $ 0 |
20.6yrs
Average Tenure
66yo
Average Age
Experienced Board: HVT's board of directors are seasoned and experienced ( 20.6 years average tenure).