Anthony Minite will step down as chief executive officer (CEO) of Bentley Prince Street (BPS), effectively immediately, after 21 years with the company. The news comes approximately six months after the company announced it would acquire itself from parent company Interface, in partnership with private equity investment firm Dominus Capital. The company’s board of directors appointed board member Mac Bridger as interim CEO while a replacement is sought.
“For the past two decades, Anthony Minite has helped build Bentley Prince Street into an iconic brand in the carpet industry—one that is widely recognized for its design excellence, innovative manufacturing capabilities, and industry-leading sustainability practices,” says Gary Binning, managing partner of Dominus Capital, the controlling shareholders of BPS. “We are fortunate to have someone as qualified as Mac [Bridger] to serve as interim CEO. His extensive knowledge of the carpet industry and strong understanding of the company is an asset and makes him a perfect fit… as we make this transition.”
Minite joined Bentley Prince Street in 1991 and, after holding a variety of management positions, became president in 2002. He was appointed CEO in August 2012, after Dominus Capital purchased BPS.
Bridger has nearly 30 years of leadership in the carpet industry. From 19993 to 2006, he served as CEO and president of Collins & Aikman Floorcoverings, later rebranded as the Tandus Group, which was another investment by Dominus Capital in 1997.
Company officials say the search for a new CEO is expected to brief. Bridger will hold meetings in the coming days with employees, customers, and strategic partners to discuss the transition and the company’s future.
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