Chromcraft Revington, Inc. Announces Appointment of David Corbin as Senior Vice President
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WEST LAFAYETTE, Ind.- Chromcraft Revington, Inc. (AMEX:CRC) announced today the appointment of David Corbin to the position of Senior Vice President. In this newly created role, Mr. Corbin will provide overall leadership to marketing and category management for the Company's businesses. He will report directly to the Chairman and CEO, Ben Anderson-Ray.
In making the announcement, Ben Anderson-Ray, commented, "We are extremely pleased to have attracted David Corbin to our organization. He brings to us a combination of consumer marketing and brand management experience, as well as his more recent accomplishments within the furniture industry." He further commented that Mr. Corbin will play an important role in the transformation of the Company. Mr. Anderson-Ray stated, "We are currently shifting the Company to be more market driven and to better utilize a global supply chain. Mr. Corbin's primary mission will be to bring marketing leadership to the overall organization and help drive the Company's transformation with his strong capabilities."
In commenting on his appointment, Mr. Corbin stated, "I am delighted to be joining Chromcraft Revington and becoming a part of the Company's leadership team as it drives the revitalization strategy."
Prior to joining Chromcraft Revington, Mr. Corbin was Vice President of Marketing at Pulaski Furniture. In other previous experience, he has held various roles including CEO of an apparel company, as well as brand management positions at Procter & Gamble. He has been named to Furniture Today's top 100 leaders, and was named a Regional Entrepreneur of the Year in 1992 by Inc. Magazine. Mr. Corbin holds a BA degree from Princeton University and an MBA from Harvard Business School.
The Company has entered into an employment agreement with Mr. Corbin and will grant to him an award of 7,500 shares of restricted common stock of the Company. The restricted stock will be eligible to vest in equal increments of 2,500 shares each on December 31, 2007, 2008 and 2009. A copy of Mr. Corbin's employment agreement will be included in the Company's Form 8-K to be filed with the Securities and Exchange Commission.
Chromcraft Revington businesses design, manufacture and market residential and commercial furniture throughout the United States. The Company wholesales its products under the "Chromcraft," "Peters-Revington," "Silver Furniture," "Cochrane Furniture" and "Sumter" brand names.
Contacts
Frank T. Kane,
Vice President-Finance & CFO,
Chromcraft Revington, Inc.,
765-807-2640,
fkane@chromrev.com
