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
