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Haverty Furniture Companies Executive Compensation (FY25)

HVT · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Steven Burdette
Latest say-on-pay support
=
May 11, 2026
Chief executive pay ratio
◇
To the median employee
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11 filings cited on this page
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297 figures on this page: 289 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Steven Burdette: $1,199,124 → $2,635,789 (119.8% higher)
Say-on-pay support: 97.9% → 99.5% (1.6 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Haverty Furniture Companies' chief executive and what were they paid?
Total compensation for Steven Burdette, President and Chief Executive Officer, came to $2,635,789 in fiscal 2025. Burdette's total was 119.8% higher than the $1,199,124 reported for fiscal 2024.
What was Haverty Furniture Companies' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 99.5% of votes cast for or against in favor at the meeting held May 11, 2026.
Which companies are in Haverty Furniture Companies' peer group?
The disclosed peer group names American Woodmark Corp., Arhaus Inc., Culp, Inc., Ethan Allen Interiors Inc. and Flexsteel Industries, Inc., among others.
What is Haverty Furniture Companies' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 38:1, against median employee compensation of $70,174.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Clarence Smith
CEO (a)(b)
◇—◇—◇—◇◇
Rawson Haverty
SVP, Real Estate
◇—◇—◇—◇◇
Steven Burdette
President (a)(b)
◇—◇—◇—◇◇
Richard Hare
EVP and CFO (b)
◇—◇—◇—◇◇
J. Edward Clary
EVP and CIO (b)
◇—◇—◇—◇◇
John Gill
EVP, Merchandising (b)
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Clarence Smith
Chairman and Chief Executive Officer
◇—◇—◇◇◇◇
Steven Burdette
President
◇—◇—◇◇◇◇
Richard Hare
Executive Vice President and Chief Finance Officer
◇—◇—◇—◇◇
J. Edward Clary
Executive Vice President and Chief Information Officer
◇—◇—◇◇◇◇
John Gill
Executive Vice President, Merchandising
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Clarence Smith
Executive Chairman
◇—◇—◇◇◇◇
Steven Burdette
President and Chief Executive Officer
◇—◇—◇◇◇◇
Richard Hare
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
John Gill
Executive Vice President, Merchandising
◇—◇—◇—◇◇
J. Edward Clary
Former Executive Vice President and Chief Information Officer
Departed during or after this year
◇—◇——◇◇◇
Helen Bautisa
Senior Vice President, Marketing and Digital
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steven Burdette
President and Chief Executive Officer
◇—◇—◇◇◇◇
Clarence Smith
Executive Chairman
◇—◇—◇◇◇◇
Richard Hare
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
John Gill
Executive Vice President, Merchandising
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Clarence H. SmithPSU◇◇◇—◇—◇
Clarence H. SmithPSU◇◇◇—◇—◇
Clarence H. SmithRSU◇——◇——◇
John L. GillRSU◇——◇——◇
John L. GillPSU◇◇◇—◇—◇
John L. GillPSU◇◇◇—◇—◇
Richard B. HarePSU◇◇◇—◇—◇
Richard B. HareRSU◇——◇——◇
Richard B. HarePSU◇◇◇—◇—◇
Steven G. BurdetteRSU◇——◇——◇
Steven G. BurdettePSU◇◇◇—◇—◇
Steven G. BurdettePSU◇◇◇—◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Steven BurdetteRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Clarence SmithRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Richard HareRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
John GillRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Al Trujillo
◇◇————◇
G. Thomas Hough
Lead independent director
◇◇————◇
L. Allison Dukes
◇◇————◇
Vicki R. Palmer
◇◇————◇
Michael R. Cote
◇◇————◇
Derek G. Schiller
◇◇————◇
Natalie B. Morhous
◇◇————◇
Rawson Haverty Jr
◇◇————◇
Steven G. Burdette, E. Kendrick Smith and Clarence H. Smith served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Woodmark Corp. AMWD
  • Arhaus Inc. ARHS
  • Culp, Inc. CULP
  • Ethan Allen Interiors Inc. ETD
  • Flexsteel Industries, Inc. FLXS
  • HNI Corporation HNI
  • Interface, Inc. TILE
  • La-Z-Boy Incorporated LZB
  • Miller Knoll, Inc. symbol not shown
  • Oxford Industries, Inc. OXM
  • Sleep Number Corporation SNBR
  • Tile Shop Holdings, Inc. TTSH

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 11, 2026=◇◇◇
2024May 12, 2025=◇◇◇
2023May 6, 2024=◇◇◇
2022May 8, 2023=◇◇◇
2021May 9, 2022=◇◇◇
2020May 10, 2021=◇◇◇
2019June 12, 2020=◇◇◇
2015May 8, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Steven Burdette (President and Chief Executive Officer), FY2025 total compensation $2,635,789 (base salary $650,000) [exec_comp, SEC accession 0001628280-26-021584, filed 2026-03-27]

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What this page does not include

Everything above is a fact Haverty Furniture Companies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Haverty Furniture Companies sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
297 figures on this page: 289 cited to the filing that reported them, 8 calculated from figures it prints.
289 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001628280-26-035113
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001628280-26-021584
    CEO Pay Ratio Information · Director Compensation · Grants of Plan Based Awards Table · Outstanding Equity Awards at Fiscal · and 1 more section
  3. 0000216085-25-000007
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001140361-25-010879
    Summary Compensation Table
  5. 0000216085-24-000010
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000216085-23-000009
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001140361-23-014362
    Summary Compensation Table
  8. 0000216085-22-000012
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000216085-21-000017
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000216085-20-000040
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000216085-17-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Haverty Furniture Companies executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/HVT (accessed 2026).
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The Haverty Furniture Companies brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
11 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Haverty Furniture Companies discloses

The companies named in HVT's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}