MillerKnoll, Inc. says some directors and officers are leaving, while new ones are being chosen and hired.

Oct 21, 2026, 10:04 AM ETNew bossRead the original at SEC EDGAR

Neutral

MillerKnoll named longtime executive Jeffrey Stutz CEO, with a $1 million yearly salary, target bonuses of 125% and 400% of salary, and a $1.1 million share award. His experience supports continuity, but expanded severance and no new sales or profit plan leave the outlook unchanged.

MLKN · MillerKnoll, Inc.

AI read · Neutral

The AI's read

His years in finance and operations may help keep the leadership handoff steady. The filing gives no new plan for sales or profit. It also sets annual incentive targets at 125% of salary and long-term incentive targets at 400% of salary, plus a $1.1 million share award. Cash severance after a qualifying change in control rises from 2 times to 3 times salary, and benefits continue for 36 months. Together, these facts do not show a clear change in the business outlook.

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