Havertys Announces Transition to New Vice President, Supply Chain

ATLANTA, Sept. 17, 2015 (GLOBE NEWSWIRE) -- HAVERTYS (NYSE:HVT) (NYSE:HVT.A) reported today the upcoming retirement of Gary Niedermeyer, assistant vice president, supply chain. In conjunction with Mr. Niedermeyer’s retirement at the end of the year, Havertys announces Abir Thakurta has joined the company as vice president, supply chain. He will report to Richard D. Gallagher, executive vice president, merchandising.

"Gary’s wide-ranging and expansive service over the past 28 years combined with his amicable and steadfast commitment to excellence earned the respect from those within Havertys and our supply partners. We are very fortunate to have benefited from Gary’s focus and steady hand as our business has grown and evolved with now a truly global supply chain,” said Richard Gallagher.

Abir Thakurta joins Havertys with considerable experience in cross-industry supply chain strategy and operational design. He was most recently with GT Nexus as a director in their supply chain consulting practice where he implemented performance improvement programs with retailers worldwide. Mr. Thakurta earned a Masters of Science degree in transportation from the New Jersey Institute of Technology.

"We believe Abir’s knowledge and experience in helping retailers obtain end-to-end visibility in an increasingly complex and global supply chain will be a valuable asset to Havertys. His experience using the latest technology and best practices to drive profitable operations while managing business risk will make him an excellent fit for our team,” Gallagher concluded.

Havertys (NYSE:HVT) (NYSE:HVT.A), established in 1885, is a full-service home furnishings retailer with 123 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges. Additional information is available on the Company’s website havertys.com.

Contact: Havertys 404-443-2900 Jenny Hill Parker SVP, finance, secretary and treasurer

Source:Haverty Furniture Companies, Inc.