BSET · Bassett Furniture Industries Inc · Executive Compensation
$22.27
+0.15 (+0.66%)
At close · Oct 26
View the 10-K filed Feb 5, 2026
Return incl. dividend (before tax)
Customer concentration
— top 5 customers 41% of receivables
5 customers — 41% of receivables (November 29, 2025)
“At November 29, 2025 and November 30, 2024, approximately 41% and 43%, respectively, of the aggregate risk exposure, net of reserves, was attributable to five customers.”
Market Cap
$192.67M
Shares
8.65M
Volume · Oct 26
26.06K
Avg daily vol (3M)
27.85K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Robert H. Spilman | Jr., Chief Executive Officer and President | $826,500 |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $587,083 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $488,330 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $485,938 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Robert H. Spilman | Jr., Chief Executive Officer and President | $491,900 |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $419,366 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $306,718 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $306,555 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Robert H. Spilman | Jr., Chief Executive Officer and President | $533,750 |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $455,536 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $339,870 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $339,042 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Robert H. Spilman | Jr., Chief Executive Officer and President | $956,060 |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $663,635 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $544,601 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $543,589 |
| David C. Baker | Senior Vice President and Chief Retail Officer | $465,226 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Robert H. Spilman | Jr., Chief Executive Officer and President | $1,657,643 |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $645,200 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $476,820 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $475,469 |
| David C. Baker | Senior Vice President and Chief Retail Officer | $418,564 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Robert H. Spilman | Jr., Chief Executive Officer and President | $1,082,911 |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $538,399 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $363,941 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $358,569 |
| David C. Baker | Senior Vice President and Chief Retail Officer | $352,279 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $444,414 |
| Robert H. Spilman | Jr., Chief Executive Officer and President | $423,320 |
| Jack L. Hawn | President of Zenith | $354,345 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $286,511 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $284,419 |
| Stefanie J. Lucas | Senior Vice President and Chief Merchandising Officer | $261,794 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Robert H. Spilman | Jr., Chief Executive Officer and President | $1,005,160 |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $509,039 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $338,954 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $334,639 |
| Jack L. Hawn | President of Zenith | $315,625 |
Fiscal 2017
| Executive | Role | Total |
|---|---|---|
| Robert H. Spilman | Jr., Chief Executive Officer and President | $950,292 |
| Bruce R. Cohenour | Senior Vice President and Chief Sales Officer | $767,496 |
| John E. Bassett | III, Senior Vice President and Chief Operations Officer | $659,146 |
| J. Michael Daniel | Senior Vice President and Chief Financial and Admin. Officer | $546,334 |
| Freight Lines | — | $314,747 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Bruce Cohenour | SVP-Chief Sales Officer | Retired | 2026-04-21 |
| James E. Goergen | director | Appointed | 2025-07-22 |
| David C. Baker | Senior Vice President, Chief Retail Officer | Retired | 2023-11-27 |
Leadership
- Emma S. Battle Board Member
- J. Walter McDowell Board Member
- James E. Goergen Board Member
- John R. Belk Board Member
- Kristina Cashman Board Member
- Robert H. Spilman Board Member
- Virginia W. Hamlet Board Member
- William C. Wampler Board Member
- William C. Warden Board Member