Capel promotes Bruce Hric to president and CEO

Capel Rugs promoted Bruce Hric to the permanent position of president and CEO of Capel, Inc.

Jesse Capel, director and owner, explained the company's preference to promote from within, paired with Hric's innate ability to unite all levels of management, made Hric a clear choice.

"He has served exceptionally well as acting president and CEO for the last year," Capel said.

Hric officially began serving with the new title on Dec. 1, 2007, after having served as interim president and CEO for 14 months. During this time, Hric focused on product development, strengthening key industry relationships and reinvigorating Capel's braided rug manufacturing efforts.

Prior to joining Capel, Hric was vice president of Koury Corporation, as vice president of finance and administration for Interline Furniture and had worked with Flynt Fabrics for eight years.