Hanover Direct Drops Two Presidents

Weehawken, NJ—As part of its ongoing reorganization, multititle cataloger Hanover Direct in late September eliminated the positions of two company presidents: Anita Iodice, president of bedding book The Company Store, and Jeff Potts, president of Hanover Direct home brands. John DiFrancesco, president of the Gump’s by Mail catalog of high-end decor and gifts, now acts as president of The Company Store as well. DiFrancesco and Domestications bedding catalog president Farley Nachemin, both of whom used to report to Potts, now report to Hanover president/CEO Tom Shull.