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Stanley Furniture Announces Management Changes

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Stanley Furniture Company, Inc., has promoted Rick Schroeder to Vice President of Design, reporting to Glenn Prillaman, executive vice president – marketing and sales. The company has also named Adam Tilley as Vice President of Product Management for Adult Product Lines, reporting to Glenn Prillaman, executive vice president – marketing and sales. Schroeder joined Stanley Furniture in 2002 and will now be responsible for coordinating design efforts across all product lines as well as managing the efforts of both internal and external design staff. “Rick has played a very important role in the development of our product, as all of our designers do, since he joined us. We have a talented team of design professionals focused on providing our retailers with styles that inspire today’s consumers within our price range,” Prillaman says. “With Rick coordinating the various design efforts we have underway at any given time across our diverse product lines, Stanley is a more efficient company.” Adam Tilley will be responsible for developing and managing all adult product lines. Kelly Cain, vice president – product manager will report to Tilley. “With his experience in managing product development for a broad array of products within our same price segment, Adam will bring a fresh perspective to our efforts,” Prillaman says. “He understands our target consumer and we look forward to the contributions he will make to the many other areas of our business.” Tilley formerly served as Director of Merchandising for Thomasville Furniture where he was responsible for merchandising, pricing and design direction. He also was a sales representative for Henredon after beginning his career in home furnishings as a retail sales associate for Robb and Stucky. 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 Furniture collections are presented as dining, bedroom, home entertainment, accents, and home office. Young America is the industry leader in infant and 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—an average of two weeks or less—is among the fastest in the industry. Production facilities are located in Stanleytown, Va., and Robbinsville, 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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