NEW YORK — Burlington Industries said Tuesday that George W. Henderson 3rd, president, will take on the additional title of chief executive officer, effective Jan. 1, when Frank S. Greenberg, current ceo, retires.
Greenberg, 65, will continue as chairman of the board.
Burlington also said that Donald R. Hughes, vice chairman, will retire Jan. 1. Hughes, 65, will work with the firm in a consulting capacity after retirement. No successor will be named as vice chairman.
Henderson, 46, takes over the reins of the largest publicly owned textile company in the country — with 1993 sales of nearly $2.1 billion — after 20 years there. He joined Burlington in 1974 and rose through such posts as president of Burlington Denim to become president and chief operating officer of the corporation in April 1993. The post of chief operating officer will not be filled.
Greenberg began his career in 1949, with Charm Tred Mills, Monticello, Ark., a carpet manufacturer, and moved to Burlington when it acquired Charm Tred in 1959. He became Burlington’s president in 1978 and chairman and ceo in 1986.
Hughes joined Burlington in 1959 on the controller’s staff, became chief financial officer in 1976 and held that post until last January.