Top Producers Hail From Industry's Fringe

Hogsett, Don
February 2005
Home Textiles Today;2005 Business Annual, Vol. 26, p60
Trade Publication
This article focuses on the U.S. home fashions business. It probably says a lot about the state of the U.S. home fashions business that the five highest paid executives in the industry in 2003 were on its periphery producing carpets, tiles or decorative fabrics, rather than mainstream home textiles like sheets and towels. The industry's fattest paycheck went to Larry Liebenow, president and CEO of decorative fabrics producer Quaker Fabric, who pocketed $2.9 million in 2003, less than a fourth of that in salary,$673,000, and the remaining $2.2 million in stock options exercised.


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