Saturday, July 15, 2023
The board of directors of Vanguard Furniture has unanimously chosen Andy Bray to be the company’s next Chief Executive Officer.
John Bray, the company’s co-founder and current CEO, will be replaced by Bray, who is currently serving as president. The senior Bray will stay on as the board’s chairman. With $144 million in yearly sales, Vanguard Furniture is placed #75 among North American wood goods companies in the FDMC 300 ranking.
In announcing the appointment, John Bray noted, “the time has come to pass the torch to the next generation of leadership. No one in or outside our organization is better prepared, suited, or qualified to lead Vanguard Furniture.”
“Little is expected to change on a day-to-day basis as Andy has served as president since 2012 and has been the driver of our merchandising and strategic planning over the last decade in which we have nearly tripled our sales. He was the architect of the conceptually simple but logistically complex, Make it Yours Bedroom program, positioning Vanguard as the ultimate resource for custom furniture. He led the technology to allow 3D visualization of consumer-generated designs with instantaneous price quotes as options are revised. Most importantly he led the company as we successfully navigated the COVID/supply chain/labor roller coaster. He is ready to take the reins which is why the board unanimously approved the appointment.” He added further.
Tags: $144 million, 3D visualization, Appointment, Board of Director, board of directors, FDMC 300, John Bray, merchandise, new ceo, strategic planning, supply chain, Vanguard Furniture
