| CEO Name | Clarence H. Smith |
| Nationality | United States |
| Net Worth Estimation | $15 million |
Clarence H. Smith's estimated net worth of around $15 million is primarily derived from his long-standing executive roles at Havertys Furniture Companies, stock ownership, and annual compensation packages. Public filings and financial disclosures indicate substantial earnings from salary, bonuses, and stock awards accumulated over decades with the company.
Clarence H. Smith, CEO of Havertys Furniture Companies, has an estimated net worth of $15,000,000, which is 14% of the $50,000,000 maximum and 1,400% of the $1,000,000 minimum for CEOs in the furniture business category. His net worth places him comfortably within the typical range for this industry.
Business Category: Furniture
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 50000000 USD
Clarence H. Smith Performance in Havertys Furniture Companies
Clarence H. Smith, CEO of Havertys Furniture Companies, demonstrated strategic leadership by driving innovation and operational efficiency within the retail furniture sector. His decisive approach to market expansion and cost management significantly enhanced company performance, resulting in sustained revenue growth and improved shareholder value. Under Smith's leadership, Havertys solidified its competitive position, leveraging customer-focused initiatives and supply chain optimization to strengthen its market presence.
Latest News
Havertys Furniture CEO Transition and Q3 2025 Earnings Report
Steve Burdette became CEO of Havertys Furniture on January 1, 2025, succeeding Clarence H. Smith, who retired after a long tenure and became executive chairman. Under Burdette's leadership, Q3 2025 sales rose 10.6% to $194.5 million, with a solid gross profit margin of 60.3%, reflecting positive operational trends despite higher costs.
Source: http://www.stocktitan.net/news/HVT/havertys-furniture-reports-operating-results-for-third-quarter-4t2tuq9kwejk.html