Edition:
India

HNI Corp (HNI.N)

HNI.N on New York Stock Exchange

39.36USD
23 Feb 2018
Change (% chg)

$0.36 (+0.92%)
Prev Close
$39.00
Open
$38.95
Day's High
$39.38
Day's Low
$38.54
Volume
29,074
Avg. Vol
73,212
52-wk High
$48.32
52-wk Low
$31.20

Summary

Name Age Since Current Position

Stanley Askren

56 2008 Chairman of the Board, President, Chief Executive Officer

Kurt Tjaden

53 2017 President, Senior Vice President

Marshall Bridges

47 2017 Chief Financial Officer, Vice President

Vincent Berger

44 2016 President - Hearth & Home Technologies Group

Jeffrey Lorenger

52 2017 President, Office Furniture, HNI Corporation

Donald Mead

57 2011 Executive Vice President; President of The Gunlocke Company L.L.C.

Steven Bradford

59 2015 Senior Vice President, General Counsel, Secretary

Jerald Dittmer

59 2018 Senior Vice President - Strategic Development, HNI Corporation

Julie Abramowski

41 2015 Vice President, Corporate Controller

Donna Meade

51 2014 Vice President - Member Relations

Larry Porcellato

59 2017 Lead Independent Director

Abbie Smith

63 2017 Director

Mary Bell

56 2006 Independent Director

Miguel Calado

61 2004 Independent Director

Cheryl Francis

63 1999 Independent Director

John Hartnett

56 2016 Independent Director

Mary Jones

49 2016 Independent Director

Brian Stern

69 2011 Independent Director

Ronald Waters

65 2014 Independent Director

Biographies

Name Description

Stanley Askren

Mr. Stanley A. Askren is Chairman of the Board, President, Chief Executive Officer of HNI Corporation. Mr. Askren has also been the Chairman and Chief Executive Officer of the Corporation since 2004 and the President of the Corporation since 2003. He is a director of Armstrong World Industries, Inc., a global leader in the design and manufacture of floors and ceiling systems and a director of Allison Transmission Holdings, Inc., the world’s largest manufacturer of fully automatic transmissions for medium- and heavy duty-commercial vehicles and a leader in hybrid-propulsion systems for city buses. Mr. Askren brings to the Board extensive experience and knowledge of the Corporation’s business, operations and culture. He has worked for the Corporation for 23 years. Mr. Askren was vice president of marketing, an executive vice president and president of the Corporation’s hearth products operating segment. He worked in the Corporation’s office furniture operating segment as a group vice president of The HON Company and president of Allsteel Inc. Mr. Askren has served as the vice president of human resources and an executive vice president of the Corporation. Mr. Askren also brings to the Board finance and corporate governance experience through his service on the audit and compensation committees of other public companies.

Kurt Tjaden

Mr. Kurt A. Tjaden is President, Senior Vice President of the Company. He was Chief Financial Officer, Vice President of HNI Corporation from 2008-2015. Prior to joining HNI Corporation, Mr. Tjaden was Vice President and Chief Financial Officer, Asia, Whirlpool Corporation (2006-08). His experience includes serving as Chief Financial Officer for Pure Fishing, Inc. and Gateway Asia Pacific. He also held multiple financial and international positions during 14 years at Procter & Gamble. Mr. Tjaden holds a bachelor's degree in Business Administration from Iowa State University and an MBA from Pepperdine University.

Marshall Bridges

Mr. Marshall H. Bridges is Chief Financial Officer, Vice President of the Company. Mr. Bridges joined HNI Corporation in 2001 and has held positions in business analysis, Mergers and Acquisitions, Treasury, and Investor Relations. Prior to joining HNI Corporation, he worked in a variety of coastal engineering positions. Mr. Bridges has an MBA from the University of Iowa, a MS in Engineering from the University of Florida, and a BA in Economics from the University of Tennessee. He holds a Chartered Financial Analyst designation.

Vincent Berger

Mr. Vincent P. Berger is President - Hearth & Home Technologies Group of the Company. He was Senior Vice President, Sales and Operations, Hearth & Home Technologies Group (2014-2016); Senior Vice President, Operations, Hearth & Home Technologies Group (2011-2014).

Jeffrey Lorenger

Mr. Jeffrey D. Lorenger is President, Office Furniture, HNI Corporation of subsidiary of the Company. He joined HNI Corporation in 1998 and has since held multiple executive level positions, including Vice President, Sales and Marketing for The HON Company, Vice President, General Counsel and Secretary for HNI Corporation, and Vice President, Seating for Allsteel. Mr. Lorenger holds Bachelor of Business Administration, MBA, and Juris Doctorate degrees from the University of Iowa. He served as Vice President, General Counsel and Secretary (2005-08) HNI Corporation; Vice President, Sales and Marketing (2007-2008) The HON Company.

Donald Mead

Mr. Donald T. Mead is Executive Vice President of the Company.and President of The Gunlocke Company L.L.C., a subsidiary of HNI Corporation. He joined HNI Corporation in 2000 as Vice President, Marketing, Allsteel, and has since held multiple executive level positions at The Gunlocke Company, HNI Corporation, and The HON Company. He served as Vice President, Marketing, The HON Company LLC (2006-08). Don holds a BS from the University of Illinois, and an MBA from the University of Iowa.

Steven Bradford

Mr. Steven M. Bradford is Senior Vice President, General Counsel, Secretary of the Company. He was Vice President, General Counsel, Secretary of HNI Corporation. He served as Vice President and Regional General Counsel for The Americas, Imperial Chemical Industries PLC (2003-08); General Counsel, North America, ICI Paints (2004-08); President ICI Group Services (2004-08). Mr. Bradford holds a BA in Business Finance, University of Utah, and a Juris Doctorate from Brigham Young University Law School.

Jerald Dittmer

Mr. Jerald K. Dittmer has been appointed as Senior Vice President - Strategic Development, HNI Corporation of the company effective February 16, 2018. He was Vice President and Chief Financial Officer since 2001. Prior to his current position, Mr. Dittmer held various positions with the Corporation and its operating companies including: Vice President Finance & Controller, HNI Corporation; Group Vice President Seating, The HON Company; Group Vice President Wood Products, The HON Company; Vice President Strategic Planning, The HON Company; Vice President Oak Steel, The HON Company; Vice President Information Technology, The HON Company; Vice President & Controller, The Gunlocke Company L.L.C.; and Vice President and Controller, Maxon Furniture Inc. Mr. Dittmer is a CPA and CMA and holds an industrial administration and accounting degree from Iowa State University, and is a graduate of the Executive Management program at the University of Michigan.

Julie Abramowski

Ms. Julie M. Abramowski is Vice President, Corporate Controller of the Company. She is Director, Financial Reporting (2014-2015); Director, Financial Planning and Analysis, Leveraged Furniture Operations (2013-2014); Corporate Controller, The HON Company (2007-2013).

Donna Meade

Ms. Donna D. Meade is Vice President - Member Relations of the Company. She was Vice President, Member and Community Relations, Allsteel Inc. (2009-14).

Larry Porcellato

Mr. Larry B. Porcellato has been appointed as Lead Independent Director of the HNI Corporation. From 2009 to July 2014, Mr. Porcellato was the Chief Executive Officer of The Homax Group, Inc., a leading specialty application consumer products supplier to the home care and repair markets. Previously, from February 2007 to December 2008, he was an independent business consultant and, from 2002 to January 2007, he was the Chief Executive Officer of ICI Paints North America, a manufacturer and distributor of decorative coatings and a subsidiary of Imperial Chemical Industries PLC. Mr. Porcellato is a director of OMNOVA Solutions, Inc., an innovator of emulsion polymers, specialty chemicals and decorative and functional surfaces for a variety of commercial, industrial and residential end uses, and a director of privately held PSAV Holding LLC, an international, full-service technology in-house audiovisual provider. Mr. Porcellato brings to the Board chief executive officer experience in the building products industry through his former leadership of Homax and his former role as Chief Executive Officer of ICI Paints and financial expertise derived primarily from his service on the audit committee of another public company and previous finance and division leadership roles at other public companies. He also brings to the Board international and marketing expertise derived primarily from his service in various international and marketing roles at Rubbermaid Incorporated and Braun Canada Inc. and corporate governance experience through his service on the compensation and governance committees of another public company.

Abbie Smith

Ms. Abbie J. Smith is Director of the Company. Ms. Smith is the Boris and Irene Stern Distinguished Service Professor of Accounting, and since 1999 has been a Chaired Professor, of The University of Chicago Booth School of Business, a national leader in higher education and research. She is a director of DFA Investment Dimensions Group Inc., Dimensional Investment Group Inc. and Ryder System, Inc., a commercial transportation, logistics and supply chain management solutions company. Ms. Smith is also a trustee of The UBS Funds (Chicago), UBS Relations Trust, UBS SMA Relationship Trust and Fort Dearborn Income Securities, Inc. Ms. Smith brings to the Board considerable financial and corporate governance expertise based primarily on her extensive research and teaching at the University of Chicago and her service on mutual fund complex and other public company audit, performance, finance and nominating committees. Although Ms. Smith does not currently serve on the Corporation’s Audit Committee, she qualifies as an “audit committee financial expert.”

Mary Bell

Ms. Mary H. Bell is Independent Director of HNI Corporation. Ms. Bell is a business consultant and a retired Vice President of Caterpillar, Inc., the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. She led Caterpillar’s Building and Construction Products Division from 2008 until her retirement in 2015. From 2004 to 2007, she was the Vice President of Caterpillar’s Logistics Division and served as Chairman and President of Cat Logistics Services, Inc., formerly a wholly owned subsidiary of Caterpillar. Ms. Bell brings to the Board considerable logistics, manufacturing and dealer channel expertise and general management experience derived primarily from her service in various roles at Caterpillar.

Miguel Calado

Mr. Miguel M. Calado is Independent Director of the HNI Corporation. Mr. Calado has been Vice President, Corporate Development and President of the iMAX Diagnostic Imaging Business Unit of Hovione SA, an international fine chemicals company with manufacturing facilities and offices in the United States, Europe and Asia, since 2014. Previously, from 2006 to 2014, he was the Vice President and Chief Financial Officer of Hovione SA. He has been an advising partner of The Trion Group, a strategic management consulting group based in Dallas, Texas, since 2006 and President of GAMCAL, LLC, an investment company, since 2006. He also serves as a member of the Advisory Board for the Business School of Catholic University of Portugal. Mr. Calado brings to the Board extensive international, general management, manufacturing and financial expertise derived primarily from his service as Chief Financial Officer of an international manufacturing company and prior service in various roles at several large, packaged and consumer goods public companies. These roles and companies include Executive Vice President and President, International for Dean Foods Company and several international finance roles for PepsiCo, Inc., including Senior Vice President, Finance and Chief Financial Officer, PepsiCo Foods International. Although Mr. Calado does not currently serve on the Corporation’s Audit Committee, he qualifies as an “audit committee financial expert.”

Cheryl Francis

Ms. Cheryl A. Francis is Independent Director of the HNI Corporation. Ms. Francis has been an independent business and financial advisor since 2000 and the Co-Chairman of the Corporate Leadership Center, a not-for-profit organization focused on developing tomorrow’s business leaders, since 2008. Previously, from 2002 to 2008, she was the Vice Chairman of the Corporate Leadership Center. Ms. Francis is a director of Aon Corporation, the leading global provider of risk management services, insurance and reinsurance brokerage, and human resources solutions and outsourcing, and Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia and Asia. Ms. Francis brings to the Board significant financial expertise based primarily on her prior role as Chief Financial Officer of R.R. Donnelley & Sons Company and service on the audit and finance committees of other public companies. She also brings to the Board corporate governance experience through her service on the compensation and governance committees of other public companies, and executive leadership development experience based on Corporate Leadership Center work with CEOs, leading academic institutions and corporate executives. She currently serves on the Corporation’s Audit Committee and qualifies as an “audit committee financial expert.”

John Hartnett

Mr. John R. Hartnett is Independent Director of the Company. Mr. Hartnett is an Executive Vice President at Illinois Tool Works Inc., a Fortune 200 global multi-industrial manufacturing leader with seven industry-leading business segments. Mr. Hartnett has been with ITW for 36 years and currently heads its Welding segment. He brings to the Board extensive engineering, marketing, manufacturing and management experience from his numerous business roles at ITW including his most recent roles as head of ITW’s Construction Products segment.

Mary Jones

Ms. Mary K.W. Jones is an Independent Director of HNI Corporation. Since January 2013, Ms. Jones has been Senior Vice President and General Counsel of Deere & Company, a world leader in providing advanced products and services for agriculture, construction, forestry and turf care. From 2010 through 2012, she served as Deere’s Vice President, Global Human Resources. Ms. Jones brings to the Board significant risk management, corporate governance and general legal expertise, derived largely from her role leading the Deere compliance and legal functions. In addition, she brings to the Board significant expertise in the areas of talent strategy, executive succession planning and compensation, derived from her former role as Deere’s Vice President, Global Human Resources.

Brian Stern

Mr. Brian E. Stern is Independent Director of HNI Corporation. Mr. Stern has been a director of Starboard Capital Partners, LLC, a financial sponsor that initiates, finances and partners with management and private equity investors in the acquisition of companies, since July 2007. He is a director and investor in Blackrock Microsystems LLC (Utah). Previously, from 2004 to June 2007, Mr. Stern was the Senior Vice President, Xerox, Fuji Xerox Operations of Xerox Corporation, a developer, marketer, manufacturer, financier and servicer of document processing products and services. Mr. Stern brings to the Board significant knowledge of the office products and office supplies industry and expertise in product development, sales and marketing derived primarily from his service in various roles for Xerox. He also has substantial experience in international operations, manufacturing, channels of distribution and general management, also based primarily on his service at Xerox.

Ronald Waters

Mr. Ronald V. Waters, III, is Independent Director of the HNI Corporation. Mr. Waters has been an independent business consultant since May 2010. Previously, from 2009 to May 2010, he was a Director and the President and Chief Executive Officer of LoJack Corporation, a premier worldwide marketer of wireless tracking and recovery systems for valuable mobile assets and a leader in global stolen vehicle recovery, and, from 2007 to 2008, he was a Director and the President and Chief Operating Officer of LoJack. He is a director of Fortune Brands Home & Security, Inc., an industry-leading home and security products company, and Paylocity Corporation, a leading software provider of cloud-based payroll and human capital management software. From October 2012 to January 2015, Mr. Waters was a director of Chiquita Brands International, Inc., a leading international marketer and distributor of nutritious high-quality fresh and value-added food products. Mr. Waters brings to the Board chief executive officer experience through his former role as Chief Executive Officer of LoJack and significant finance expertise derived primarily from his service on the audit committee of two other public companies and previous roles as Chief Operating Officer at two public companies, Chief Financial Officer at Wm. Wrigley Jr. Company, Controller at The Gillette Company and partner of a large public accounting firm. He has extensive outside audit experience, and although Mr. Waters does not currently serve on the Corporation’s Audit Committee, he qualifies as an “audit committee financial expert.” Mr. Waters also brings to the Board international, law and information technology expertise derived primarily from his service in various roles at several large public companies.

Basic Compensation