| CEO Name | Robert H. Spilman Jr. |
| Nationality | United States |
| Net Worth Estimation | $25 million |
Robert H. Spilman Jr.'s estimated net worth of around $25 million is primarily derived from his long-term executive role at Bassett Furniture Industries, substantial stock ownership, and compensation packages. His financial standing also reflects gains from stock options and other business investments related to his leadership tenure.
Robert H. Spilman Jr., CEO of Bassett Furniture Industries, has an estimated net worth of $25,000,000, which is 50% of the maximum estimated CEO net worth in the furniture business category. His net worth is also 25 times higher than the minimum estimated CEO net worth of $1,000,000.
Business Category: Furniture
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 50000000 USD
Robert H. Spilman Jr. Performance in Bassett Furniture Industries
Robert H. Spilman Jr., CEO of Bassett Furniture Industries, demonstrated strategic leadership by streamlining operations and focusing on innovation-driven growth. His decision-making emphasized cost efficiency and expanding product lines, which significantly improved the company's market share and profitability. Under Spilman's tenure, Bassett Furniture saw enhanced financial performance and strengthened brand presence in the competitive furniture industry.
Latest News
Bassett Furniture Industries and CEO Rob Spilman: Recent Company Performance and Leadership Updates
Bassett Furniture Industries reported a return to profitability in Q3 2025 with increased sales and improved margins, led by CEO Rob Spilman Jr., who emphasizes design, e-commerce, and retail expansion as key growth strategies. The company also appointed James E. Goergen to its Board of Directors in July 2025, bringing significant furniture industry expertise to enhance strategic planning.
Source: http://www.furnituretoday.com/financial-results/bassett-returns-to-profitability-in-q3-as-revenue-margins-rise/