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Hoyne steps down as Spectrum president

It was a very private retirement party for a very special person. Marjorie Hoyne is stepping down as president of Spectrum Fabrics, a position she has held since 1994, when the company was acquired by Covington Inds.

While relinquishing the presidential reins, Hoyne will be the senior creative director of the "Spectrum Designer Gallery," with its debut collection of higher-end, highly decorative fabrics to be introduced in September.