Powered by

Triad furniture CEO resigns pending company sale

Dec 08, 2017 - Triad Business Journal (Greensboro, North Carolina)
Board and Executive Moves

High Point-based Stanley Furniture Co. Inc. announced Friday that president and CEO Glenn Prillaman has resigned pursuant to a separation agreement in connection with the previously announced proposed sale of substantially all the company's assets to Churchhill Downs LLC.

His resignation ends a more than seven-year run as CEO for Prillaman, who led the firm through a tumultuous time for the company during a manufacturing shift overseas and significant financial challenges. Prillaman, who ...