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HNI Corporation (HNI)

NYSE - NYSE Delayed price. Currency in USD
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41.28-0.27 (-0.65%)
At close: 04:00PM EDT
41.28 +0.05 (+0.12%)
After hours: 04:02PM EDT

HNI Corporation

600 East Second Street
PO Box 1109
Muscatine, IA 52761-0071
United States
563 272 7400
https://www.hnicorp.com

Sector(s)Industrials
IndustryBusiness Equipment & Supplies
Full-time employees8,100

Key executives

NameTitlePayExercisedYear born
Mr. Jeffrey D. LorengerChairman of the Board, President & CEO3.55M141.86k1966
Mr. Marshall H. BridgesSenior VP & CFO1.44M18.86k1970
Mr. Steven Mark BradfordSenior VP, General Counsel & Secretary1.23M170.25k1958
Mr. Vincent P. BergerExecutive VP and President of Hearth & Home Technologies943.07k14.7k1973
Mr. Brandon Bishop Bullock IIIPresident of The HON Company1.14MN/A1978
Mr. Jack D. HerringVP of Corporate Finance & TreasurerN/AN/AN/A
Mr. Radhakrishna S. RaoVP and Chief Information & Digital OfficerN/AN/AN/A
Mr. Matthew Schon McCall C.F.A.Vice President of Investor Relations & Corporate DevelopmentN/AN/AN/A
Mr. Gregory A. MeunierExecutive Vice President of Global Operations - Kimball InternationalN/AN/A1971
Mr. Michael J. RochChief Customer Officer of Kimball InternationalN/AN/A1979
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

HNI Corporation, together with its subsidiaries, engages in the manufacture, sale, and marketing of workplace furnishings and residential building products primarily in the United States and Canada. The company operates through two segments, Workplace Furnishings and Residential Building Products. The Workplace Furnishings segment offers a range of commercial and home office furniture, including panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, and ancillary and hospitality products, as well as social collaborative items under the HON, Allsteel, Beyond, Gunlocke, HBF, HBF Textiles, HNI India, Kimball, National, Etc., Interwoven, David Edward, Kimball Hospitality, and D'style brands. This segment sells its products through independent office products dealers, wholesalers, office product distributors, e-commerce focused resellers, and wholesalers, as well as directly to end-user customers and governments. The Residential Building Products segment provides various gas, wood, electric, and pellet-fueled prefabricated fireplaces; and inserts, hearth stoves, facings, outdoor fire pits and fire tables, and accessories. This segment sells its products primarily for home use under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman, Vermont Castings, PelPro, Stellar, SimpliFire, The Outdoor GreatRoom Company, and Forge & Flame brand names through independent dealers and distributors, and corporation-owned distribution and retail outlets. The company was incorporated in 1944 and is headquartered in Muscatine, Iowa.

Corporate governance

HNI Corporation’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.