Furniture Industry News: After 18 years of distinguished service, Gene J. Moriarty will be retiring later this year as president and chief executive officer.
Marathon Asset Management announced the closing of a $155 million credit facility for Brown Jordan Inc., a leading designer, manufacturer, distributor and retailer of outdoor and indoor furniture for the commercial and residential markets in the U.S. Proceeds from the financing, comprised of a first lien and second lien term loan, repaid the.