{"schema_version":"secwatch.filing_event.v1","accession":"0000216085-24-000020","form_type":"8-K","ticker":"HVT","cik":"0000216085","company_name":"HAVERTY FURNITURE COMPANIES INC","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.640843+00:00","generated_at":"2026-05-30T02:21:29.438457+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Havertys CEO Clarence Smith to retire Jan 1, 2025; President Burdette to succeed as CEO","bullets":["Clarence H. Smith retires as CEO effective Jan 1, 2025; becomes executive chairman.","Steven G. Burdette, 63, currently president, will become president and CEO and join the board.","Burdette's base salary increased to $650,000; short-term target incentive raised to 100% from 70% of salary.","Smith's base salary decreased to $600,000; long-term incentive reduced to $450,000 from $1,482,000.","Burdette has been with Havertys since 1983; was president since 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0000216085-24-000020","json":"https://secwatch.observer/filing/0000216085-24-000020.json","markdown":"https://secwatch.observer/filing/0000216085-24-000020.md","text":"https://secwatch.observer/filing/0000216085-24-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/216085/000021608524000020/0000216085-24-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/216085/000021608524000020/hvt8k111224.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:21:29.438457+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"17f08b49c7","claim":"Steven G. Burdette changed role as president and chief executive officer at HAVERTY FURNITURE COMPANIES INC.","evidence_excerpt":"Steven G. Burdette, 63, Havertys’ president will become president and chief executive officer and a member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/216085/000021608524000020/0000216085-24-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"become"},{"label":"Role","value":"president and chief executive officer"}],"fact_type":"executive_change"},{"claim_id":"9c1f151742","claim":"Steven G. Burdette was elected as director at HAVERTY FURNITURE COMPANIES INC.","evidence_excerpt":"With the election of Burdette to the Board on the Effective Date","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/216085/000021608524000020/0000216085-24-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"a7470b4696","claim":"Clarence H. Smith changed role as executive chairman at HAVERTY FURNITURE COMPANIES INC.","evidence_excerpt":"Clarence H. Smith, Havertys’ chief executive officer and chairman will retire from his position as chief executive officer and will continue his service on the Board as executive chairman.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/216085/000021608524000020/0000216085-24-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"executive chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}