Bari Leather Furniture Adds CFO Bryan Semmens
Furniture Industry News Update -
Furniture World Magazine
Bari Furniture, an online and brick and mortar retailer specializing in Leather Furniture,announced the hiring of Bryan Semmens as CFO.
“For all of our remarkable successes over our first 10 years, Bryan brings a combination of furniture and financial experience that is already having a significant impact on our entire business,” reports Co-President Tom Tilaro.
Mr. Semmens brings extensive experience in both the public and private sectors to the position of Chief Financial Officer. From 2011 to 2012, Mr. Semmens was Chief Financial Officer of furniture manufacturer Archetype, LLC. He was instrumental in the acquisition of a major client contract with IKEA as well as a project to expand the company’s production and successfully launched an international manufacturing facility. The previous 15 years were spent building one of the most successful accounting firms in Southern California. Mr. Semmens has a bachelor’s degree in Accounting and is a licensed Certified Public Accountant.
Semmens said he was impressed with what Bari had achieved in its first decade through bootstrapping and entrepreneurial spirit and is on pace for a $13 million in sales 2013. He noted that the next steps for growth will come from solid fiscal management and investment in growth categories and inventory. He notes that with effective relationships with factories and other partners, Bari can achieve sales of $50 million in the next five years.
“Bari’s Furniture’s business model has been solidified and grown every year for a decade. By engaging proven metrics and processes, I am looking forward to refining our model to achieve multiples of that growth to over the next 5+ years,” said Bryan Semmens.
Bari Furniture is a premier online retailer of home furnishings specializing in leather furniture offering stationary, motion and home theater seating. Bari Leather Furniture features well known brands including Ekornes Stressless, Palliser Furniture, Omnia, and its own line of privately produced products.
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