Steelcase Management
Management criteria checks 2/4
Steelcase's CEO is Sara Armbruster, appointed in Jan 2014, has a tenure of 11.42 years. total yearly compensation is $10.17M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth €4.42M. The average tenure of the management team and the board of directors is 2.4 years and 8.1 years respectively.
Key information
Sara Armbruster
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 10.14% |
| CEO tenure | 11.4yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.4yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 28 2025 | US$10m | US$1m | US$117m |
| Nov 22 2024 | n/a | n/a | US$111m |
| Aug 23 2024 | n/a | n/a | US$122m |
| May 24 2024 | n/a | n/a | US$87m |
| Feb 23 2024 | US$6m | US$966k | US$78m |
| Nov 24 2023 | n/a | n/a | US$73m |
| Aug 25 2023 | n/a | n/a | US$54m |
| May 26 2023 | n/a | n/a | US$47m |
| Feb 24 2023 | US$4m | US$900k | US$34m |
| Nov 25 2022 | n/a | n/a | US$17m |
| Aug 26 2022 | n/a | n/a | US$15m |
| May 27 2022 | n/a | n/a | US$20m |
| Feb 25 2022 | US$5m | US$697k | US$4m |
| Nov 26 2021 | n/a | n/a | US$12m |
| Aug 27 2021 | n/a | n/a | US$5m |
| May 28 2021 | n/a | n/a | US$35m |
| Feb 26 2021 | US$1m | US$398k | US$26m |
| Nov 27 2020 | n/a | n/a | US$84m |
| Aug 28 2020 | n/a | n/a | US$136m |
| May 29 2020 | n/a | n/a | US$141m |
| Feb 28 2020 | US$2m | US$473k | US$196m |
| Nov 22 2019 | n/a | n/a | US$153m |
| Aug 23 2019 | n/a | n/a | US$136m |
| May 24 2019 | n/a | n/a | US$124m |
| Feb 22 2019 | US$1m | US$451k | US$124m |
Compensation vs Market: Sara's total compensation ($USD10.17M) is above average for companies of similar size in the German market ($USD1.27M).
Compensation vs Earnings: Sara's compensation has increased by more than 20% in the past year.
CEO
Sara Armbruster (54 yo)
Ms. Sara E. Armbruster has been the President and Chief Executive Officer at Steelcase Inc since October 4, 2021 and serves as Director since April 2021 and served as Executive Vice President of at Steelca...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.4yrs | US$10.17m | 0.43% € 4.4m | |
| Senior VP & CFO | 14.2yrs | US$3.93m | 0.41% € 4.3m | |
| VP & CTO | 3.7yrs | US$1.88m | 0.038% € 391.9k | |
| VP & Chief People Officer | 1.3yrs | US$1.84m | 0.035% € 363.6k | |
| Senior VP | 1.3yrs | US$3.73m | 0.090% € 927.4k | |
| VP & COO | 10.3yrs | US$1.26m | 0.12% € 1.3m | |
| VP, Corporate Controller & Chief Accounting Officer | 2.4yrs | no data | 0.020% € 211.2k | |
| Director of Investor Relations & Financial Planning and Analysis | no data | no data | no data | |
| Chief Legal Officer | less than a year | no data | 0.030% € 310.8k | |
| Vice President of Global Brand and Corporate Communications | 2.4yrs | no data | no data | |
| Senior Vice President of Marketing & Customer Verticals | 1.4yrs | no data | no data | |
| President of APAC | 1.5yrs | no data | no data |
Experienced Management: GJB's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | US$10.17m | 0.43% € 4.4m | |
| Independent Chair of the Board | 38.4yrs | US$322.50k | 3.56% € 36.7m | |
| Independent Director | 8.5yrs | US$230.00k | 0.00023% € 2.4k | |
| Independent Director | 2.7yrs | US$225.00k | 0.032% € 333.9k | |
| Independent Director | 15.3yrs | US$215.00k | 0.11% € 1.2m | |
| Independent Director | 19.3yrs | US$225.00k | 0.0032% € 32.5k | |
| Director | 7.9yrs | US$230.00k | 0.61% € 6.3m | |
| Independent Director | 8.3yrs | US$235.00k | 0.039% € 405.4k | |
| Independent Director | 5.5yrs | US$231.71k | no data | |
| Independent Director | 4.8yrs | US$225.00k | 0.049% € 501.2k |
Experienced Board: GJB's board of directors are considered experienced (8.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/02 13:46 |
| End of Day Share Price | 2025/06/02 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2025/02/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Steelcase Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew McCall | BB&T Capital Markets |
| Reuben Garner | Benchmark Company |
| Chen Yang | Berenberg |