Haverty Furniture Chairman Clarence H. Ridley to retire in May

By AP
Wednesday, February 17, 2010

Haverty Furniture chairman retiring in May

ATLANTA — Furniture retailer Haverty Furniture Cos. said Wednesday Clarence H. Ridley will retire from his post as non-executive chairman and board member in May.

Haverty has served as a director of the company since 1979 and is 66, according to the company’s Web site.

The company said its board plans to appoint L. Phillip Humann, 63, as chairman at the May shareholder meeting.

Shares rose 38 cents, or 3 percent, to $13.13.

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