American Furniture Manufacturing Announces New Vice President of Sales

Thu Dec 6, 2012 8:30am EST

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American Furniture Manufacturing Announces New Vice President of Sales

Randy Spak Brings Extensive Industry Experience to the Company

PR Newswire

ECRU, Miss., Dec. 6, 2012 /PRNewswire/ -- American Furniture Manufacturing, Inc. ("AFM" or the "Company") announced today it has named Randy Spak as Vice President of Sales, effective immediately. In his new role, Mr. Spak will be responsible for the execution of the Company's sales and marketing strategy, expanding penetration levels among new and existing accounts.

"Randy is uniquely qualified to serve as AFM's new Vice President of Sales based on his vast experience in the furniture industry," said Al Wiygul, Chief Executive Officer (CEO) of American Furniture. "Over the past 30 years, he has established an impressive track record in sales leadership, building extensive industry relationships that will add significant value over the long term as we welcome Randy to the AFM family. This appointment is consistent with our focus on pursuing strategic growth opportunities in a challenging market environment while maintaining our commitment to delivering quality products that are made in America and providing superior customer service."

Mr. Spak has approximately 30 years of senior management experience in the furniture industry. Previously, he served as Key Accounts and Regional Manager at Albany Industries, a furniture manufacturer based in Mississippi, where he developed major accounts and consistently met or exceeded sales goals. From 2008 to 2010, he was President and CEO of China-based Cozzia LLC, one of the world's largest producers of massage products. Mr. Spak also served more than 25 years at Lane Furniture Industries, where he was promoted to President and CEO in 2004. 

"I am pleased to join AFM," said Mr. Spak. "The Company's leadership position in the promotional furniture niche provides an exciting opportunity to leverage my in-depth experience within the furniture industry. I look forward to working closely with management and driving future sales growth."

Mr. Spak, 58, received a BS in Business Administration from Youngstown State University.

About American Furniture Manufacturing
Founded in 1998 and headquartered in Ecru, Mississippi, American Furniture is a leading U.S. manufacturer of upholstered furniture with an exclusive focus on the promotional segment of the furniture industry. The Company offers a broad product line of stationary and motion furniture, including sofas, loveseats, sectionals, recliners and complementary product, and is able to ship any product in its line within 48 hours of receiving an order. For more information, please visit the Company's website at www.americanfurn.net

American Furniture is a subsidiary of Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses. For more information on CODI, please visit www.compassdiversifiedholdings.com.

This press release may contain certain forward-looking statements, including statements with regard to the future performance of the Company. Words such as "believes," "expects," "projects," and "future" or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the Securities and Exchange Commission for the year ended December 31, 2011 and other filings with the Securities and Exchange Commission. CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE American Furniture Manufacturing, Inc.

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