Steelcase Management

Management criteria checks 2/4

Steelcase's CEO is Sara Armbruster, appointed in Jan 2014, has a tenure of 3.75 years. total yearly compensation is $6.15M, comprised of 15.7% salary and 84.3% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth €8.42M. The average tenure of the management team and the board of directors is 2 years and 7.7 years respectively.

Key information

Sara Armbruster

Chief executive officer

US$6.2m

Total compensation

CEO salary percentage15.7%
CEO tenure11yrs
CEO ownership0.7%
Management average tenure2yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sara Armbruster's remuneration changed compared to Steelcase's earnings?
DateTotal CompensationSalaryCompany Earnings
Nov 22 2024n/an/a

US$111m

Aug 23 2024n/an/a

US$122m

May 24 2024n/an/a

US$87m

Feb 23 2024US$6mUS$966k

US$78m

Nov 24 2023n/an/a

US$73m

Aug 25 2023n/an/a

US$54m

May 26 2023n/an/a

US$47m

Feb 24 2023US$4mUS$900k

US$34m

Nov 25 2022n/an/a

US$17m

Aug 26 2022n/an/a

US$15m

May 27 2022n/an/a

US$20m

Feb 25 2022US$5mUS$697k

US$4m

Nov 26 2021n/an/a

US$12m

Aug 27 2021n/an/a

US$5m

May 28 2021n/an/a

US$35m

Feb 26 2021US$1mUS$398k

US$26m

Nov 27 2020n/an/a

US$84m

Aug 28 2020n/an/a

US$136m

May 29 2020n/an/a

US$141m

Feb 28 2020US$2mUS$473k

US$196m

Nov 22 2019n/an/a

US$153m

Aug 23 2019n/an/a

US$136m

May 24 2019n/an/a

US$124m

Feb 22 2019US$1mUS$451k

US$124m

Nov 23 2018n/an/a

US$101m

Aug 24 2018n/an/a

US$90m

May 25 2018n/an/a

US$78m

Feb 23 2018US$1mUS$439k

US$79m

Compensation vs Market: Sara's total compensation ($USD6.15M) is above average for companies of similar size in the German market ($USD1.50M).

Compensation vs Earnings: Sara's compensation has increased by more than 20% in the past year.


CEO

Sara Armbruster (53 yo)

11yrs

Tenure

US$6,151,938

Compensation

Ms. Sara E. Armbruster has been the President and Chief Executive Officer at Steelcase Inc since 2021 and serves as Director since 2021 and served as Executive Vice President of at Steelcase Inc. since Apr...


Leadership Team

NamePositionTenureCompensationOwnership
Sara Armbruster
President11yrsUS$6.15m0.66%
€ 8.4m
David Sylvester
Senior VP & CFO13.8yrsUS$3.30m0.48%
€ 6.2m
Robert Krestakos
VP & COO9.9yrsUS$1.26m0.11%
€ 1.3m
Allan Smith
Senior VPless than a yearUS$2.46m0.16%
€ 2.0m
Nicole Mcgrath
VP, Corporate Controller & Chief Accounting Officer2yrsno data0.016%
€ 207.6k
Steven Miller
Chief Technology Officer3.3yrsno data0.068%
€ 865.9k
Michael O'Meara
Director of Investor Relations & Financial Planning and Analysisno datano datano data
Gale Moutrey
Vice President of Global Brand and Corporate Communications2yrsno datano data
Terrence Lenhardt
Senior Vice President of Marketing & Customer Verticalsless than a yearno datano data
Donna Flynn
VP & Chief People Officerless than a yearno data0.065%
€ 829.5k
Peter Lewchanin
President of APAC1.1yrsno datano data
Alessandro Centrone
President of EMEAless than a yearno datano data

2.0yrs

Average Tenure

56yo

Average Age

Experienced Management: GJB's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sara Armbruster
President3.8yrsUS$6.15m0.66%
€ 8.4m
Robert Pew
Independent Chair of the Board38yrsUS$322.50k4.34%
€ 55.5m
Timothy C. Brown
Independent Director8.1yrsUS$230.00k0.00023%
€ 2.9k
Sanjay Gupta
Independent Director2.3yrsUS$225.00k0.030%
€ 383.0k
Connie Duckworth
Independent Director14.8yrsUS$215.00k0.11%
€ 1.4m
Cathy Ross
Independent Director18.8yrsUS$225.00k0.0032%
€ 40.7k
Jennifer Niemann
Director7.5yrsUS$230.00k0.60%
€ 7.7m
Todd Kelsey
Independent Director7.8yrsUS$235.00k0.037%
€ 468.7k
Catherine C. Schmelter
Independent Director5.1yrsUS$230.00kno data
Linda Williams
Independent Director4.3yrsUS$225.00k0.046%
€ 591.9k

7.7yrs

Average Tenure

57yo

Average Age

Experienced Board: GJB's board of directors are considered experienced (7.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 04:46
End of Day Share Price 2025/01/17 00:00
Earnings2024/11/22
Annual Earnings2024/02/23

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Steelcase Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew McCallBB&T Capital Markets
Reuben GarnerBenchmark Company
Chen YangBerenberg