People: Bassett Furniture Industries Inc (BSET.OQ)
BSET.OQ on NASDAQ Stock Exchange Global Select Market
16.31USD
1 Jul 2013
16.31USD
1 Jul 2013
Price Change (% chg)
$0.78 (+5.02%)
$0.78 (+5.02%)
Prev Close
$15.53
$15.53
Open
$15.66
$15.66
Day's High
$16.74
$16.74
Day's Low
$15.66
$15.66
Volume
14,914
14,914
Avg. Vol
10,700
10,700
52-wk High
$16.74
$16.74
52-wk Low
$9.42
$9.42
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Paul Fulton |
78 | 2000 | Chairman of the Board |
Robert Spilman |
56 | 2000 | President, Chief Executive Officer, Director |
J. Michael Daniel |
51 | 2013 | Chief Financial Officer, Senior Vice President |
Bruce Cohenour |
54 | 2013 | Senior Vice President - Sales and Merchandising |
John Bassett |
54 | 2006 | Senior Vice President - Global Sourcing |
Jason Camp |
44 | 2006 | Senior Vice President - Retail |
Mark Jordan |
59 | 2006 | Senior Vice President - Upholstery |
Jay Hervey |
53 | 1997 | Vice President - Real Estate, General Counsel, Secretary |
Peter Brown |
70 | 1993 | Independent Director |
Kristina Cashman |
46 | 2007 | Independent Director |
Howard Haworth |
78 | 1997 | Independent Director |
George Henderson |
64 | 2004 | Independent Director |
J. Walter McDowell |
62 | 2011 | Independent Director |
Dale Pond |
66 | 2002 | Independent Director |
William Wampler |
53 | 2004 | Independent Director |
William Warden |
60 | 2004 | Independent Director |
Biographies
| Name | Description |
|---|---|
Paul Fulton |
Mr. Paul Fulton is Chairman of the Board of Bassett Furniture Industries Inc., since 1997. He has served as Chief Executive Officer of the Company from 1997 to 2000; Dean of the Kenan-Flagler Business School of the University of North Carolina at Chapel Hill from 1994 to 1997; President of Sara Lee Corporation from 1988 to 1993. Director, Carter’s, Inc. |
Robert Spilman |
Mr. Robert H. Spilman, Jr., is President, Chief Executive Officer, Director of Bassett Furniture Industries Inc. He has been President and Chief Executive Officer of the Company since 2000; President and Chief Operating Officer of the Company since 1997. Director, Harris Teeter Supermarkets, Inc. and Dominion Resources, Inc. |
J. Michael Daniel |
Mr. J. Michael Daniel is Chief Financial Officer, Senior Vice President of Bassett Furniture Industries Inc. He joined the Company in 2007 as Corporate Controller. From April 2009 through December 2009, he served as Corporate Controller and Interim Chief Financial Officer. In January 2010, he was appointed Vice President and Chief Accounting Officer. In January 2013, he was promoted to Senior Vice President and Chief Financial Officer. |
Bruce Cohenour |
Mr. Bruce R. Cohenour is Senior Vice President - Sales and Merchandising of Bassett Furniture Industries Inc. He has been with the Company since 2011 serving as Senior Vice President of Upholstery Merchandising. In January 2013, he was promoted to Senior Vice President of Sales and Merchandising. Prior to joining Bassett, Mr. Cohenour was with Hooker Furniture Corp. from 2007 through 2010, serving as Senior Vice President of National Accounts and Business Development unitl 2009. In 2009, he was promoted to Executive Vice President of Marketing and in 2010, he was promoted to President of the Case Goods Division. |
John Bassett |
Mr. John E. Bassett, III is Senior Vice President - Global Sourcing of Bassett Furniture Industries Inc. He has been with the Company since 1981 and served as Vice President - Wood Manufacturing from 1997 to 2001, as Vice President - Global Sourcing from 2001 to 2006 and as Senior Vice President - Global Sourcing since 2006. |
Jason Camp |
Mr. Jason W. Camp is Senior Vice President - Retail of Bassett Furniture Industries Inc., since July 2006. Prior to joining Bassett, Mr. Camp was with Restoration Hardware, Inc. for nine years advancing to the position of Senior Vice President and General Manager of the Retail Division. |
Mark Jordan |
Mr. Mark S. Jordan is Senior Vice President - Upholstery of Bassett Furniture Industries Inc. He joined the Company in 1999 as Plant Manager. In 2001, he was promoted to Vice President of Upholstery Manufacturing and in 2002 he was promoted to Vice President and General Manager-Upholstery. He has served as Senior Vice President of Upholstery since 2006. |
Jay Hervey |
Mr. Jay R. Hervey, Esq., is Vice President - Real Estate, General Counsel, Secretary of Bassett Furniture Industries Inc., since 1997. |
Peter Brown |
Dr. Peter W. Brown, M.D., is Independent Director of Bassett Furniture Industries Inc. He is the Partner, Virginia Surgical Associates (general surgery), since 1978. Director, Dominion Resources, Inc. |
Kristina Cashman |
Ms. Kristina K. Cashman is Director of Bassett Furniture Industries Inc. She has been President of Guy and Larry Restaurants, Inc. since 2012; Chief Financial Officer of Eddie V’s Restaurants, Inc. from 2006 through 2011; Chief Financial Officer and Secretary of P.F. Chang’s China Bistro, Inc. from 2001 to 2006; Controller of P.F. Chang’s China Bistro, Inc. from 1996 to 2001. |
Howard Haworth |
Mr. Howard H. Haworth is Independent Director of Bassett Furniture Industries Inc., since 1997. He is Retired. Chief Executive Officer from 1973 to 1985 and Chairman and Chief Executive Officer from 1983 to 1985 of Drexel Heritage Home Furnishings; Chairman Emeritus, North Carolina State Board of Education since 1995; Secretary of Commerce of the State of North Carolina from 1985 to 1987. |
George Henderson |
Mr. George W. Henderson, III, is Independent Director of Bassett Furniture Industries Inc., since 2004. He is Private Investor, Chairman and Chief Executive Officer, Burlington Industries, Inc. (manufacturer of textile products) 1995 to 2003. Director, Lincoln National Corporation. |
J. Walter McDowell |
Mr. J. Walter McDowell is Independent Director of Bassett Furniture Industries Inc., since October 11, 2011. Mr. McDowell is Private Investor; Business Consultant. Chief Executive Officer, Carolinas/Virginia Banking – Wachovia Corporation from 2005 to 2007. |
Dale Pond |
Mr. Dale C. Pond is Independent Director of Bassett Furniture Industries Inc., since 2002. He is Private Investor. Senior Executive Vice President, Merchandising/Marketing, Lowe’s Companies, Inc. (home improvement retailer) from 1998 to 2005. Director, Family Dollar Stores, Inc., and former director of Scripps Networks Interactive, Inc. from 2008 to 2012. |
William Wampler |
The Honourable Senator William C. Wampler, Jr., is Independent Director of Bassett Furniture Industries Inc., since 2004. He is Executive Director, New College Institute since 2012; Former Member of the Senate of the Commonwealth of Virginia from 1988 to 2012; Retired Colonel, U.S. Army Reserve; Managing Member of Wampler Consulting Group, LLC since 1998. Former Director, New People’s Bank, from 2005 to 2009. |
William Warden |
Mr. William C. Warden, Jr. is Independent Director of Bassett Furniture Industries Inc., since 2004. He is Private Investor. He has served as Executive Vice President, Lowe’s Companies, Inc. from 1996 to 2003. Director, Harris Teeter Supermarkets, Inc. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Paul Fulton |
245,807 |
Robert Spilman |
487,650 |
J. Michael Daniel |
200,000 |
Bruce Cohenour |
-- |
John Bassett |
231,282 |
Jason Camp |
392,989 |
Mark Jordan |
263,282 |
Jay Hervey |
-- |
Peter Brown |
-- |
Kristina Cashman |
-- |
Howard Haworth |
-- |
George Henderson |
-- |
J. Walter McDowell |
-- |
Dale Pond |
-- |
William Wampler |
-- |
William Warden |
-- |
As Of 23 Nov 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Paul Fulton |
265,000 | 0 |
Robert Spilman |
297,668 | 400,363 |
J. Michael Daniel |
6,000 | 42,940 |
Bruce Cohenour |
0 | 0 |
John Bassett |
81,214 | 185,133 |
Jason Camp |
150,000 | 63,000 |
Mark Jordan |
0 | 0 |
Jay Hervey |
0 | 0 |
Peter Brown |
0 | 0 |
Kristina Cashman |
0 | 0 |
Howard Haworth |
0 | 0 |
George Henderson |
0 | 0 |
J. Walter McDowell |
0 | 0 |
Dale Pond |
0 | 0 |
William Wampler |
0 | 0 |
William Warden |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
CAMP JASON W |
911 | $4.38 |
CAMP JASON W |
911 | $14.00 |
CAMP JASON W |
7,089 | $4.38 |
CAMP JASON W |
7,089 | $14.00 |
FULTON PAUL JR |
2,000 | $14.20 |
BROWN PETER W |
1,255 | $15.94 |
HENDERSON GEORGE W III |
1,255 | $15.94 |
MCDOWELL JOHN WALTER |
1,255 | $15.94 |
HAWORTH HOWARD H |
1,255 | $15.94 |
POND DALE C |
1,255 | $15.94 |
WAMPLER WILLIAM C JR |
1,255 | $15.94 |
CASHMAN KRISTINA K |
1,255 | $15.94 |
WARDEN WILLIAM C JR |
1,255 | $15.94 |
FULTON PAUL JR |
1,255 | $15.94 |
HAWORTH HOWARD H |
1,000 | $10.54 |
HAWORTH HOWARD H |
1,000 | $10.54 |
POND DALE C |
1,000 | $10.54 |
POND DALE C |
1,000 | $10.54 |
SPILMAN ROBERT HENKEL JR |
1,000 | $13.80 |
FULTON PAUL JR |
2,000 | $13.09 |
DANIEL JOHN MICHAEL |
200 | $10.54 |
SPILMAN ROBERT HENKEL JR |
16,000 | $10.83 |
WAMPLER WILLIAM C JR |
500 | $10.61 |
FULTON PAUL JR |
2,000 | $13.03 |
BASSETT JOHN EDWARD III |
8,000 | $4.38 |

