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Capel names Magee CEO, president

By Furniture Today Staff -- Furniture Today, September 21, 2009

TROY, N.C. — John A. Magee has been named president and CEO of Capel Rugs, its Capelsie Mills factory and its Capel Real Estate and Development subsidiary.

He replaces Bruce Hric, who was named to the position in late 2007 after having been interim president and CEO for 14 months.

Magee is a partner with management consulting firm Anderson Bauman Tourtellot Vos & Co.

The firm was hired earlier this year to conduct a review of Capel's strategy and operations.

Magee has more than 25 years of experience advising clients on business and organizational strategy, capital structure, corporate governance and profit improvement, according to a press release.

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Capel Rugs names John Magee president

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