• Clint Engel

Reorganized FMCA plans annual meeting next week

HIGH POINT — The Furniture Manufacturers Credit Assn. will hold its annual meeting Sept. 19-20 at Grandover Resort & Conference Center in Greensboro, N.C., following some recent staffing changes.

The keynote speaker at the event is Corwin "Mickey" Metcalf, associate professor of law and management at Gardner-Webb University in Boiling Springs, N.C. At the group's 52nd annual meeting, Metcalf will be discussing Change Management and will be joined by Angie Mills, director of customer finance at Bernhardt, who earned her masters of business administration through Metcalf's program at the university.

Mills' class performed a detailed study of FMCA for its final project two years ago, which led the association to evaluate its operations and initiate some changes including the creation of a new marketing initiative and the hiring of a sales consultant.

Earlier this year, FMCA's board voted to eliminate the chief paid position of executive vice president. Jim Bumgarner, who last held the position, has left the association.

At the same time, FMCA promoted former Information Technology Manager David Johnston to IT and administrative manager, as he took on some of the duties previously handled by Bumgarner.

Ron Teglas, current FMCA president and director of credit at Lexington Home Brands, said the changes also have led to added responsibilities for board members and officers of the association.

Teglas noted that FMCA was once a 120-member organization, but after of spate of industry mergers, acquisitions and closings, the group is down to 70 members and believes it no longer needed a full-time chief administrator.

Metcalf will discuss findings from the FMCA study as well as the general topic of managing change.

Also during the upcoming shareholders meeting, FMCA members will be voting on a plan to merge two FMCA regional divisions, Western and Central, into one.

"From a logistical standpoint, it makes sense to have one group as opposed to two regions now," Teglas said, adding that the division setup carries over from a time when industry manufacturers were spread out across the country. (The organization at one time had six divisions.)

Now most FMCA members are headquartered in North Carolina or Virginia and the two remaining divisions participate in all FMCA monthly meetings, which rotate between High Point and Hickory, N.C.

Also on the annual meeting agenda is an interchange meeting, where members discuss certain credit issues, as well as an awards ceremony and reception.

Clint EngelClint Engel | Senior Retail Editor, Furniture Today

Please feel free to email or call me with all of your retail news and tips, including expansion news, successful merchandising and marketing strategies and anything else you would like to see covered by Furniture/Today.  Contact me directly at cengel@furnituretoday.com or 336-605-1129.

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