Stanley Furniture Inc. elects Albert Prillaman as new Director.

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Stanley Furniture Company, Inc. (NASDAQ: STLY) reported their sales and operating results today for the 2009 year. Stanley Furniture also stated today that their Board of Directors elected President and Chief Executive Officer, Glenn Prillaman to serve as Director.

Glenn Prillaman, who most recently served as President and Chief Operating Officer since August 2009, and was elected today by the Company’s Board of Directors to the position of President and Chief Executive Officer and to serve as a Director. Albert Prillaman will continue as Chairman. “In this challenging period facing our industry and our Company, I will continue to focus my energies as Chairman on strategic issues and Board matters while Glenn will be responsible for all operational aspects of the business,” said Albert Prillaman.

About Stanley Furniture Company Inc:

 Established in 1924, Stanley Furniture Company, Inc. is a leading manufacturer of wood furniture targeted at the premium price range of the residential market.

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