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O'Sullivan CFO resigns to join contract mfr.; Schotte named

By Furniture Today Staff -- Furniture Today, April 11, 2004

Ready-to-assemble manufacturer O'Sullivan Inds. said its chief financial officer will resign to become CFO at contract furniture producer Falcon Products. Philip Pacey, also a senior vice president, will leave April 30.

Named acting CFO at O'Sullivan was Stuart Schotte, now senior vice president of operations. He also has served as vice president of supply chain management and as corporate controller since joining O'Sullivan in 1998.

"Phil has been a key member of our management staff and played a significant role in all of our financial activities since he joined the company in 1995," said Richard Davidson, president and CEO. "We want to thank Phil for his efforts on behalf of O'Sullivan and wish him continued success in his future endeavors."

Pacey said he had enjoyed his eight years at the RTA specialist.

"I still believe in the future prospects of O'Sullivan and will continue to retain my equity interests in the company," he said.

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