Richloom, a home furnishing business and RV supplier, promoted Michael Saivetz to the role of company president earlier this week.
Saivetz served 17 years as the company’s chief operating officer. Richloom CEO, Jim Richman, previously held the title of president and CEO.
Richloom said Saivetz will continue to manage the company’s day-to-day operations, reporting to Richman.
“Together, they will oversee all growth initiatives, strategic planning and expansion opportunities for the company,” the company said. “This promotion will ensure the company’s stability in current and future business dealings for years to come.”
Richloom is a family owned and operated business. Richman is the son of company founder Fred Richman. Saivetz is Jim Richman’s nephew.
The company was established in the 1957 and today has offices in New York, North Carolina, South Carolina, Indiana and China, as well as manufacturing and distribution facilities in North Carolina, South Carolina and China.