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Stanley Furniture Names Rick Lovorn Senior VP of Manufacturing

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Stanley Furniture Company has appointed Rick Lovorn to lead the company’s manufacturing operations as senior vice president of manufacturing. He will report to Jeff Scheffer, chairman, chief executive officer and president. Experienced in implementing lean manufacturing practices, Lovorn was previously director of manufacturing for Masco Builder Cabinet Group. Prior to that, he managed two plants of a subsidiary, Merillat Industries, which won the prestigious Shingo Prize for Manufacturing Excellence — an industry first — under his leadership. In his new position, Lovorn will be responsible for all four Stanley Furniture manufacturing sites as well as engineering. “Rick brings a wealth of experience and expertise to Stanley Furniture Company,” Scheffer says. “As we move forward, he will focus on manufacturing processes to drive continuous improvement in our factories. We are confident that his leadership will result in better quality, lower costs and improved customer service.” One of the largest furniture manufacturers in the United States, Stanley Furniture Co., Inc. is widely recognized as a style and design leader. The company has received 11 coveted Pinnacle Awards for fine quality residential wood furniture, ranging from traditional to contemporary. Stanley Collections are presented as dining room, bedroom, home entertainment and accent tables, and home office. Young America® is the industry leader in youth furniture. Founded in 1924, Stanley Furniture® has a strong tradition of superior product supported by excellent quality and service. The shipment of orders to retail stores is among the fastest in the industry. Production facilities are located in Stanleytown and Martinsville, Va., as well as Robbinsville and Lexington, N.C. Stanley Furniture's upper-medium priced furniture is sold to furniture specialty stores, department stores and furniture store chains. Stanley Furniture® common stock is traded on the Nasdaq Stock Market under the symbol STLY. For additional information, visit stanleyfurniture.com.

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