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Market nears hiring new chief

By Furniture Today Staff -- Furniture Today, March 5, 2006

The International Home Furnishings Market Authority may be hiring a new president this week.

Paul Toms Jr., chairman and CEO of Hooker Furniture and chairman of the board that runs the High Point market, said last week the field had been narrowed and he hoped to negotiate details such as compensation and a starting date with a candidate before the next board meeting, set for Wednesday, March 8.

"We don't have anybody hired at this point," Toms said last week. He said he hoped to have someone to recommend for the board's approval at the meeting.

Judy Mendenhall, the former High Point mayor who has been president of the Market Authority since it was created to manage the market in 2001, announced her retirement last year but agreed to serve until her successor is on board.

The board hired Korn Ferry International to help with the search.

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