Formerly executive vice president of Sphinx, Riley will report to Ahmed Salama, CEO and president of Oriental Holdings. "In continuing to grow Oriental Weavers into a truly global organization, we will employ a concerted strategic focus to capitalize on our various operations in the U.S., Egypt and Asia," Riley said.
'Growing globally': Sphinx, OWA merge
November 11, 2005
Cairo-based Oriental Weavers Group merged its import (Sphinx by Oriental Weavers) and domestic rug manufacturing operations (Oriental Weavers of America), effective immediately. The move is designed to "fully utilize the assets of each organization" according to Mike Riley, who has been named president of the combined operations.