PONTOTOC, Miss. — G Lipscomb, longtime executive at Southern Motion here, has resigned and left the business.
The move follows the promotion last month of Mark Weber, former chief operating officer, to president of the motion upholstery producer.
“It is with deep regret that I inform you that G. Lipscomb, EVP-chief innovation officer, has resigned his position and left the company immediately to pursue other opportunities,” CEO Roger Bland said in an Oct. 16 memo to Southern Motion and Fusion Furniture employees.
Neither Bland nor Lipscomb could be reached immediately for comment.
On his LinkedIn profile page, Lipscomb notes that he’s “retired-seeking entertainment work” as of this month. Jennifer Davis, vice president of merchandising and the rest of Southern Motion’s merchandising team will report to Weber until a successor is named, according to the memo obtained by Home News Now.
“Through this period of transition, we remain committed to increasing our production capacity to reduce lead times, returning to our special order focus and providing the best value in motion and stationary furniture,” Bland said.
In June 2018, Southern Motion — owned by private equity firm Gainline Capital Partners — acquired stationary producer Fusion Furniture, also based in Pontotoc, and merged the companies. Weber joined as chief financial officer at about the same time.
In the memo, Bland thanked Lipscomb “for his many contributions to Southern Motion over the last 19 years including his leadership in product innovation, his big heart for giving through leading our Relay for Life initiatives, his passion for continuous improvement, and his sheer love of this furniture industry.” He said Lipscomb’s impact on the success of Southern Motion, “will forever be a part of the company’s DNA.”