Hooker Furnishings, activist investor agree to add board member as chair plans retirement

Hooker Furnishings, activist investor agree to add board member as chair plans retirement

Hooker Furnishings Corporation has reached a cooperation agreement with activist investor Global Value Investment Corporation to add a new independent director to its board.

Hooker Furnishings looks to strengthen Board

Hooker Furnishings Corporation, a global leader in home furnishings, has announced it has entered into a cooperation agreement with Global Value Investment Corporation under which GVIC and the Company will work together to identify a mutually agreeable independent director with industry expertise within 45 days of signing the Agreement. Once the agreed upon director is identified and properly vetted, the Board would increase its size from eight …

Hooker Furnishings enters agreement with GVIC to name new independent director to board

Individual with industry experience will support strategic vision and company’s growth moving forward MARTINSVILLE, Va. — Hooker Furnishings has entered into a cooperation agreement with Global Value Investment Corp. under which GVIC and the company will work together to identify a new independent director with industry expertise. The independent director will be identified within 45 days of the agreement, and once the new director is identified…