Hooker Furnishings terminates Chief Administration Officer, targets $25M cost savings

HOOKER FURNISHINGS Corp

Anne J. Smith, Chief Administration Officer, terminated effective October 31, 2025; plans to retire.
Severance consistent with 'without cause' provisions from May 2025 proxy statement.
CEO Jeremy Hoff says termination is part of initiative to reduce fixed costs by $25 million (25%).
Smith had been with Hooker for 17 years, serving as CAO since 2018 and earlier as HR Director.

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