Share this on

FBI extends CEO contract

By Furniture Today Staff -- Furniture Today, February 22, 2010

ST. LOUIS —

Furniture Brands International has extended the contract of Chairman and CEO Ralph Scozzafava by three years, the manufacturer and importer said in a filing with the Securities and Exchange Commission.

The new three-year employment agreement takes effect July 1. It will replace an agreement dated June 2007.

Furniture Brands also said it will reimburse Scozzafava for up to $20,000 in attorney's fees in connection with the amended agreement.

In 2008, Scozzafava received total compensation of $4.8 million, according to the company's proxy statement.

Share this on

FBI extends CEO Ralph Scozzafava's contract by three years

Feb 12, 2010

Also by this author

Also by Furniture Today Staff

Featured Company

Surya

For more than 30 years, the name Surya has been synonymous with high quality, innovation and luxury. Our Fall 2009 collections are no exception. Our designers have masterfully created some of the most cutting edge and versatile pieces to date. Encompassing... more

Most Recent Resources

Atlanta International Gift & Home Furnishings Market

Here is a selection of products shown at this month's International Gift & Home Furnishings Market here.

Networking at the 13th annual F/T Leadership Conference

NAPLES, Fla. — Industry executives and guests took the opportunity to network and play golf during down time at Furniture/Today's 13th annual Leadership Conference here this month.