At the annual meeting of the Board of Directors of Haverty Furniture Inc, held on May 18, 2006, the directors declared a cash dividend to be paid on the two classes of $1 par value common stock of the Company, payable Wednesday, June 14, 2006, to stockholders of record at the close of business on Tuesday, May 30, 2006, at a rate of $0.0675 per share on the outstanding shares of Common Stock and $0.0625 per share on the outstanding shares of Class A Common Stock.
Haverty Furniture Companies, Inc. has paid a quarterly cash dividend since 1935 and has increased the cash dividend paid to stockholders in each of the past 31 years.
The Board also announced today the promotions of Janet E. Taylor, Steven M. Langer, Matt C. Scalf, Scott T. Miles, and Heather L. Wujek-Johns.
Janet E. Taylor was promoted to vice president and general counsel. Prior to joining Havertys in 2005 as vice president, law she served as a partner in the corporate department at the Atlanta office of King & Spalding. She also has served as assistant general counsel for a medical services corporation.
Steven M. Langer was promoted to vice president, supply chain. He joined the Company in 2005 as assistant vice president, supply chain and has more fully developed and strengthened this key area. He has gained considerable expertise in this field during his career working with global companies such as Georgia Pacific and Delta Airlines.
Matt C. Scalf was promoted to vice president, import services. He has over 20 years of experience in the furniture industry and joined the Company in 2004. He represents Havertys overseas and works closely with manufacturers in Asia and the Company's quality control firm.
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