MillerKnoll Management
Management criteria checks 4/4
MillerKnoll's CEO is Andi Owen, appointed in Aug 2018, has a tenure of 5.75 years. total yearly compensation is $5.84M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $3.67M. The average tenure of the management team and the board of directors is 5.3 years and 10.3 years respectively.
Key information
Andi Owen
Chief executive officer
US$5.8m
Total compensation
| CEO salary percentage | 18.8% |
| CEO tenure | 5.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.3yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
Why Investors Shouldn't Be Surprised By MillerKnoll, Inc.'s (NASDAQ:MLKN) P/E
Apr 22
Here's Why MillerKnoll (NASDAQ:MLKN) Has Caught The Eye Of Investors
Apr 10A Look At The Fair Value Of MillerKnoll, Inc. (NASDAQ:MLKN)
Mar 14MillerKnoll: Cautiously Optimistic At Current Levels
Mar 02Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?
Feb 28These 4 Measures Indicate That MillerKnoll (NASDAQ:MLKN) Is Using Debt Extensively
Feb 12Capital Allocation Trends At MillerKnoll (NASDAQ:MLKN) Aren't Ideal
Jan 24There May Be Reason For Hope In MillerKnoll's (NASDAQ:MLKN) Disappointing Earnings
Dec 28Is MillerKnoll, Inc. (NASDAQ:MLKN) Trading At A 31% Discount?
Dec 10Is It Time To Consider Buying MillerKnoll, Inc. (NASDAQ:MLKN)?
Nov 15Here's Why MillerKnoll (NASDAQ:MLKN) Has A Meaningful Debt Burden
Oct 13MillerKnoll (NASDAQ:MLKN) Might Be Having Difficulty Using Its Capital Effectively
Sep 15Should You Investigate MillerKnoll, Inc. (NASDAQ:MLKN) At US$15.16?
Jul 04Investors Could Be Concerned With MillerKnoll's (NASDAQ:MLKN) Returns On Capital
Jun 08MillerKnoll (NASDAQ:MLKN) Takes On Some Risk With Its Use Of Debt
May 17Calculating The Intrinsic Value Of MillerKnoll, Inc. (NASDAQ:MLKN)
Apr 26What Does MillerKnoll, Inc.'s (NASDAQ:MLKN) Share Price Indicate?
Mar 04Does MillerKnoll (NASDAQ:MLKN) Have A Healthy Balance Sheet?
Feb 01When Should You Buy MillerKnoll, Inc. (NASDAQ:MLKN)?
Nov 17MillerKnoll Q1 2023 Earnings Preview
Sep 27Here's Why Q1 FY23 Is A Critical Quarter For MillerKnoll
Sep 21MillerKnoll goes ex-dividend tomorrow
Aug 31MillerKnoll: Profit Margins Are Continuing To Recover From Inflation's Impact
Jul 08MillerKnoll Non-GAAP EPS of $0.58 beats by $0.11, revenue of $1.1B beats by $10M
Jun 29MillerKnoll (NASDAQ:MLKN) Has A Somewhat Strained Balance Sheet
May 17MillerKnoll Is A Bargain Despite Short-Term Profitability Issues
Apr 25MillerKnoll Stock: Assessing Value In Premium Furniture
Feb 04Here's Why MillerKnoll (NASDAQ:MLKN) Has A Meaningful Debt Burden
Jan 30These 4 Measures Indicate That Herman Miller (NASDAQ:MLHR) Is Using Debt Extensively
Oct 17At US$39.55, Is Herman Miller, Inc. (NASDAQ:MLHR) Worth Looking At Closely?
Oct 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 02 2024 | n/a | n/a | US$72m |
| Dec 02 2023 | n/a | n/a | US$51m |
| Sep 02 2023 | n/a | n/a | US$33m |
| Jun 03 2023 | US$6m | US$1m | US$42m |
| Mar 04 2023 | n/a | n/a | US$64m |
| Dec 03 2022 | n/a | n/a | US$78m |
| Sep 03 2022 | n/a | n/a | US$60m |
| May 28 2022 | US$5m | US$1m | -US$27m |
| Feb 26 2022 | n/a | n/a | -US$40m |
| Nov 27 2021 | n/a | n/a | -US$13m |
| Aug 28 2021 | n/a | n/a | US$40m |
| May 29 2021 | US$6m | US$977k | US$175m |
| Feb 27 2021 | n/a | n/a | -US$8m |
| Nov 28 2020 | n/a | n/a | -US$12m |
| Aug 29 2020 | n/a | n/a | US$16m |
| May 30 2020 | US$5m | US$992k | -US$9m |
| Feb 29 2020 | n/a | n/a | US$211m |
| Nov 30 2019 | n/a | n/a | US$212m |
| Aug 31 2019 | n/a | n/a | US$173m |
| Jun 01 2019 | US$4m | US$742k | US$161m |
Compensation vs Market: Andi's total compensation ($USD5.84M) is about average for companies of similar size in the US market ($USD5.67M).
Compensation vs Earnings: Andi's compensation has been consistent with company performance over the past year.
CEO
Andi Owen (58 yo)
5.8yrs
Tenure
US$5,835,567
Compensation
Ms. Andrea R. Owen, also known as Andi, has been Chief Executive Officer, President and Director of MillerKnoll, Inc. (formerly known as Herman Miller, Inc.) since August 22, 2018. Ms. Owen's employment wi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.8yrs | US$5.84m | 0.20% $ 3.7m | |
| Chief Financial Officer | 9.3yrs | US$1.43m | 0.069% $ 1.3m | |
| President of Global Retail | 4.3yrs | US$1.86m | 0.017% $ 316.8k | |
| President of America Contract | 4.9yrs | US$1.41m | 0.013% $ 249.3k | |
| Group President | no data | US$2.10m | 0.040% $ 745.1k | |
| Chief Manufacturing & Operations Officer | 4.9yrs | no data | 0.0040% $ 74.3k | |
| Chief Technology Officer | no data | no data | no data | |
| General Counsel & Corporate Secretary | 5.3yrs | no data | 0.023% $ 429.1k | |
| Chief Marketing Officer & Communication Officer | 4.3yrs | no data | no data | |
| Chief Creative & Product Officer | 7.3yrs | US$1.75m | 0.062% $ 1.2m | |
| Chief Strategy Officer | 5.3yrs | US$1.63m | 0.037% $ 696.7k | |
| VP of Investor Relations & Treasurer | no data | no data | no data |
5.3yrs
Average Tenure
51.5yo
Average Age
Experienced Management: MLKN's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.8yrs | US$5.84m | 0.20% $ 3.7m | |
| Independent Director | 22.3yrs | US$230.00k | 0.025% $ 461.7k | |
| Independent Non-Executive Chairman | 29.3yrs | US$350.00k | 0.29% $ 5.4m | |
| Independent Director | 3.8yrs | US$230.00k | 0.028% $ 528.5k | |
| Independent Director | 18.7yrs | US$245.00k | 0.068% $ 1.3m | |
| Independent Director | 12.3yrs | US$250.00k | 0.062% $ 1.2m | |
| Independent Director | 2.9yrs | US$230.00k | 0.0018% $ 33.6k | |
| Independent Director | 10.3yrs | US$230.00k | 0.047% $ 887.6k | |
| Independent Director | 5.3yrs | US$230.00k | 0.035% $ 651.7k |
10.3yrs
Average Tenure
58yo
Average Age
Experienced Board: MLKN's board of directors are seasoned and experienced ( 10.3 years average tenure).