Furniture maker Stanley Furniture Co. on Thursday named Albert L. Prillaman as chairman.

Prillaman was chairman until 2005, when president and chief executive Jeffrey R. Scheffer took the additional role of chairman after Prillaman retired and became lead director.

Scheffer said in a statement the company asked Prillaman to return to take a “more active role in strategic matters,” due to the weak environment furniture makers are facing amid a housing slump.

Shares rose 44 cents, or 4.3 percent, to $10.58 during midday trading. The stock has traded between $9.30 and $23.74 during the past 52 weeks.

This entry was posted on Friday, April 18th, 2008 at 3:45 pm and is filed under Furniture. Tags: Furniture, Furniture Co., furniture maker, furniture makers, Jeffrey R. Scheffer, Stanley Furniture, Stanley Furniture Co., the Company, . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.