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Burlington To Hire Chief Operating Officer

Burlington Industries Inc., Greensboro, N.C., announced plans to hire a president and chief operating officer (COO), who will be responsible for the company’s apparel and interior furnishings businesses.

The president/COO will report to George Henderson III, chairman and CEO. “This is part of our continuing emphasis on repositioning Burlington,” Henderson said. “We have taken very aggressive steps over the past four years to prepare the company for the exciting opportunities we see in global markets. We have integrated forward into garment making, and we have expanded our global capabilities for sales, manufacturing and sourcing of products. The new chief operating officer will continue our drive to increase speed and achieve superior operating performance in all of our divisions.

“At the same time, we are pushing forward with new strategic developments. Our technology initiatives are showing increasing promise and I will personally devote considerable attention to our strategy in this area.”

The search for a COO will begin immediately, according to Henderson. The new executive will assume operational responsibilities currently divided between Henderson and Vice Chairman Abe Stenberg, who plans to retire later this year. Stenberg functions as the COO for the interior furnishings segment, which accounts for approximately half of Burlington’s sales.

April 2000