By Dennis Seid
SALTILLO – Greg Roy, who stepped down two weeks ago as a vice president at Furniture Brands International, begins a new role Tuesday.
Roy recently joined the Dufresne Spencer Group, a Saltillo-based furniture retailer with nearly $100 million in annual sales.
Roy will be executive vice president of the company’s Stash division, an eclectic furniture and accessories retail format. Stash has a store in Memphis and another in Oxford, but plans to open five more by the middle of next year.
“Greg will be our champion for Stash,” said DSG CEO Jim Spencer. “We’ve known him for a number of years, and we felt like he fit our culture.”
Roy was most recently vice president of new product development at Furniture Brands, overseeing brands such as Lane, Broyhill, Thomasville, Maitland Smith and Drexel Heritage.
He had been in the role since August 2012. He was president of Lane from April 2009 and had been with the company since 1988.
Spencer said Roy also would play a key role with the executive management team at DSG.
“I admire his integrity, experience and his Christian values,” Spencer said. “With his knowledge and contacts in the furniture industry, he’ll really help us achieve our goals.”
The Dufresne Spencer Group is the 59th largest furniture retailer in the U.S., with $98 million in sales last year, according to Furniture Today. The company operates several Ashley HomeStores.
Spencer said DSG expects to hit about $120 million this year in sales.
Jeff Edgeworth, DSG’s executive vice president, said the Stash concept was created about four years ago and “is about to take off.”