{"id":2199,"date":"2013-10-05T09:09:49","date_gmt":"2013-10-05T03:39:49","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2013\/10\/05\/retiring-hooker-furniture-president-gets-2m-package\/"},"modified":"2013-10-05T09:09:49","modified_gmt":"2013-10-05T03:39:49","slug":"retiring-hooker-furniture-president-gets-2m-package","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/retiring-hooker-furniture-president-gets-2m-package\/","title":{"rendered":"Retiring Hooker Furniture president gets $2M package"},"content":{"rendered":"<p>Douglas Williams will retire from his job as president and chief operating officer at<br \/>\n                        <!--adsense--><br \/>\n\t\t <!--more--><br \/>\nHooker Furniture Corp. and receive a retirement package worth about $2 million, the company has announced.<\/p>\n<p>The Martinsville, Va., company will give Williams a lump-sum payment of $215,000 when he retires Oct. 31. He will also receive $1.7 million in payments under the company&#8217;s retirement plan as well as $23,000 for unused vacation time, according to documents Hooker (NASDAQ: HOFT &#8211; News) filed with the Securities and Exchange Commission.<\/p>\n<p>The company will record $1.4 million in compensation expenses in the third quarter in connection with the retirement package.<\/p>\n<p>Published October 4, 2013 by The Business Journal<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Douglas Williams will retire from his job as president and chief operating officer at<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2199","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/2199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=2199"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/2199\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=2199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=2199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=2199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}