Furniture Brands execs sign “change in control” agreements
June 27th, 2007Two top Furniture Brands International Inc. executives will receive 1.5 times their base salaries plus other benefits if the firm is acquired, under newly signed “change in control agreements,” according to a regulatory filing Tuesday.
The firm signed the agreements June 19 with Nancy Webster, president of Thomasville Furniture Industries Inc., and Lynn Chipperfield, senior vice [...]