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HNI Corporation (HNI)


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HNI Corporation

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

SectorConsumer Goods
IndustryBusiness Equipment
Full Time Employees8,900

Key Executives

NameTitlePayExercisedAge
Mr. Stanley A. AskrenExec. Chairman, Pres & Chief Exec. Officer3.61M213.51k56
Mr. Jerald K. DittmerExec. VP and Pres of the HON Company LLC1.39M2.76M59
Mr. Kurt A. TjadenSr. VP and Pres of HNI International1.05MN/A53
Mr. Jeffrey D. LorengerPres of Office Furniture1.04M869.14k51
Mr. Marshall H. BridgesVP & CFON/AN/A47
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is 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 design, manufacture, and marketing of office furniture and hearth products primarily in the United States, Canada, China, Hong Kong, India, and Taiwan. The company’s Office Furniture segment offers a range of metal and wood commercial and home office furniture, which include storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems, and other related products under the HON, Allsteel, Maxon, Gunlocke, Paoli, HBF, OFM, basyx by HON, ERGOTM, and Lamex brands, as well as under private labels. This segment sells its products through independent and local office products dealers; national office product distributors; selling relationships with the end-users; wholesalers; and direct sales to federal, state, and local government offices. The Hearth Products segment provides various gas, electric, wood, and biomass burning fireplaces; inserts; stoves; facings; and accessories, primarily for the home under the Heatilator, Heat & Glo, Majestic, Monessen, Quadra-Fire, Harman Stove, Vermont Castings, and PelPro brand names. This segment markets its products through dealers and distributors, as well as through company-owned distribution and retail outlets. The company was founded in 1944 and is headquartered in Muscatine, Iowa.

Corporate Governance

HNI Corporation’s ISS Governance QualityScore as of June 2, 2017 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 2; Compensation: 5.

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 a 10 indicates higher governance risk.