Havertys Announces New Head of Information Technology

Rhea-AI Summary

Havertys (NYSE:HVT) announced the promotion of Greg Davis to senior vice president, information technology. Davis, who has been with Havertys since 1990, will now oversee the company's technology systems to support strategic goals. Previously, he served as vice president, information technology development, where he led the creation of unified operational systems and implemented a modern data warehouse and an Adobe-based replatforming of the website. Davis holds a computer science degree from the Georgia Institute of Technology. He will report to Clarence Smith, CEO. The announcement follows the planned retirement of Ed Clary, executive vice president and chief information officer, who will serve as a strategic advisor until his retirement in July 2024.

Positive

• Greg Davis’ promotion to senior vice president highlights internal talent development.
• Davis has extensive experience with Havertys, having joined in 1990.
• Led the creation of unified operational systems from distribution to point-of-sale.
• Implemented a modern data warehouse to drive business decisions.
• Replatformed the website using Adobe solutions to enhance user experience and analytics.
• Havertys' leadership continuity ensured by Davis' promotion following Clary's retirement.

Negative

• Ed Clary's retirement could lead to a transitional period impacting operational continuity.
• Potential risks associated with leadership changes in critical IT roles.
• No immediate mention of tangible financial benefits from the IT improvements led by Davis.

ATLANTA, GA / ACCESSWIRE / May 17, 2024 / HAVERTYS (NYSE:HVT)(NYSE:HVT.A) announced today the promotion of Greg Davis to senior vice president, information technology, responsible for Havertys' technology systems and supporting the company's strategic goals. He will report to Clarence Smith, chairman and chief executive officer.

Davis joined Havertys in 1990 and has served as vice president, information technology development since 2011. He architected and led teams in building unified end-to-end operational systems from distribution to point-of-sale and Havertys.com to better serve Havertys' customers. Davis managed the implementation of a modern data warehouse to drive business decisions and the replatforming of our website on a suite of Adobe solutions for an improved user experience, improved data analytics and tracking, and AI for better personalization. Davis is a graduate of the Georgia Institute of Technology with a degree in computer science.

Clarence H. Smith, chairman and chief executive officer, said "We are pleased to have Greg serve as head of our information technology team. His extensive knowledge of our systems and collaborative relationships with Havertys' stakeholders positions him well for this critical role. Greg will continue to lead significant projects and guide our teams as we navigate the challenges of securing and enhancing our infrastructure and online presence in an ever-changing environment."

The company reported in March that Ed Clary, executive vice president and chief information officer had shared his plans to retire in July 2024. Clary will step down today from his current role and will serve as a strategic advisor until his retirement.

"Our information technology team is integral to our success, and we are grateful for Ed's transformational leadership during his 33-year career with Havertys," said Smith. "In addition to his responsibilities as chief information officer, Ed led our distribution operations for eight years, gaining insight used to generate new systems and operational improvements we use today. Ed's understanding of our business and passion for serving our customers is evidenced by the systems, infrastructure, and exceptional team he assembled. We wish Ed and his family all the very best in retirement."

About Havertys

Havertys (NYSE:HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 125 showrooms in 17 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges. Additional information is available on the Company's website at www.havertys.com.

Contact:

Havertys
404-443-2900
Jenny Hill Parker
SVP, finance and corporate secretary

SOURCE: Havertys

View the original press release on accesswire.com

FAQ

What changes in leadership were announced by Havertys on May 17, 2024?

Havertys promoted Greg Davis to senior vice president, information technology, following Ed Clary's planned retirement.

Who is the new senior vice president of information technology at Havertys?

Greg Davis is the new senior vice president of information technology at Havertys.

What are Greg Davis' contributions to Havertys?

Greg Davis led the creation of unified operational systems and implemented a modern data warehouse and a replatforming of the website using Adobe solutions.

When is Ed Clary retiring from Havertys?

Ed Clary is retiring in July 2024 and will serve as a strategic advisor until his retirement.

What impact might the leadership change at Havertys have on its operations?

The leadership change could lead to transitional impacts on operational continuity, but the promotion of an experienced internal candidate may mitigate risks.