An update from HG Holdings (STLY) is now available.
Justin H. Edenfield has stepped down from his executive role at HG Holdings, Inc. to pursue a new opportunity at HP Managing Agency, LLC. His departure was amicable, with no disputes over company operations. Anna Lieb, with extensive experience in finance and accounting, especially in the insurance sector, has been appointed as his replacement. Lieb’s employment terms include a $300,000 base salary, potential bonuses, and standard termination entitlements, while Edenfield will continue to consult for HG Holdings until the end of the year, earning $12,000 monthly for his expertise.
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