Furniture Brands Announces Management Changes

ST. LOUIS, Jan. 7, 2011 (GLOBE NEWSWIRE) -- Furniture Brands International (NYSE:FBN) today named Mark E. Stephens as president of Broyhill Furniture Industries, effective today. Stephens has served as Broyhill's vice president of sales and marketing since 2007. Stephens replaces Jeffrey L. Cook, who has resigned his position. 

"Mark is the perfect choice to lead Broyhill today," said Furniture Brands Chairman and Chief Executive Officer Ralph P. Scozzafava. "Mark and Jeff worked closely to re-energize the Broyhill brand with our dealers and with consumers. Mark also reorganized Broyhill's sales team into a more focused and effective organization. He has the experience and respect of his peers to lead Broyhill to the next stage of its storied history.

"We also appreciate Jeff's role in helping drive the transformation of Broyhill. For nearly four years, he brought energy and passion to his role and has been a valued member of our executive team. We wish him well in the future," Mr. Scozzafava said.

Mr. Cook added, "I have always had tremendous respect for the Broyhill family, and it has been a truly great honor to lead the company that bears their name. As part of the Furniture Brands portfolio, Broyhill today has access to tremendous resources and talent. I believe that Broyhill is well positioned to meet the needs of today's furniture industry."

Mr. Stephens concluded, "I am honored to have the opportunity to lead this iconic brand. For generations, Broyhill has been one of America's favorite brands. Our team will continue to deliver on that legacy through great new products, excellent customer service, and programs to drive sales and profitability for our dealers."

About Furniture Brands

Furniture Brands International (NYSE:FBN) is a global operating company that is one of the nation's leading designers, manufacturers, and retailers of home furnishings. It markets through a wide range of retail channels, from mass merchant stores to single-brand and independent dealers to specialized interior designers. Furniture Brands serves its customers through some of the best known and most respected brands in the furniture industry, including Broyhill, Lane, Thomasville , Drexel Heritage, Henredon, Pearson, Hickory Chair, Laneventure, and Maitland-Smith.

The Furniture Brands International logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2757

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