Changing of the Guard Reshapes Dan River

January 2005
Home Textiles Today;1/3/2005, Vol. 26 Issue 17, p1
Trade Publication
The article presents information about changes in executive levels at Dan River Inc., a textile company. In a top-tier executive shuffle as Dan River Inc. prepares to emerge from bankruptcy, possibly as early as this week, Joseph Lanier Jr., chairman and CEO, is ceding all day-to-day operational responsibilities and stepping down as CEO, and Tom Musealino has resigned as president and chief operating officer. Lanier will remain non-executive chairman of the company, while Barry Shea, currently executive vice president and chief financial officer, takes over as president and CEO assuming responsibilities held by both Lanier and Musealino. Seott Batson, currently senior vice president and controller, will become chief financial officer, succeeding Shea.


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