Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On September 17, 2009, the Compensation Committee of the Board of Directors of Stanley Furniture Company, Inc. (the "Company") approved a salary increase for R. Glenn Prillaman. Mr. Prillaman's annual salary was increased to $320,000 effective as of August 24, 2009. On August 24, 2009 Mr. Prillaman was elected President and Chief Operating Officer of the Company by the Company's Board of Directors. Previous to that date Mr. Prillaman served as Executive Vice President - Marketing and Sales and as one of the three members of the Office of the President.

Item 8.01. Other Events

On September 15, 2009 the Company issued a press release commenting on its expected third quarter operating results. The press release is filed as an Exhibit 99.1 to this Form 8-K and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

99.1 Press release by Stanley Furniture Company, Inc. on September 15, 2009.

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