Steelcase Management

How experienced are the management team and are they aligned to shareholders interests?

8.9yrs

Average management tenure

CEO

Sara Armbruster (51 yo)

1.83yrs

Tenure

US$5,420,546

Compensation

Ms. Sara E. Armbruster has been an Executive Vice President and Director of at Steelcase Inc. since April 2021. She had been Vice President of Strategy, Research and Digital Transformation at Steelcase, In...

CEO Compensation Analysis

How has Sara Armbruster's remuneration changed compared to Steelcase's earnings?
Date	Total Comp.	Salary	Company Earnings
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$21m
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
Nov 23 2018	n/a	n/a	US$101m
Aug 24 2018	n/a	n/a	US$90m
May 25 2018	n/a	n/a	US$78m
Feb 23 2018	US$1m	US$439k	US$79m
Nov 24 2017	n/a	n/a	US$104m
Aug 25 2017	n/a	n/a	US$120m
May 26 2017	n/a	n/a	US$121m
Feb 24 2017	US$1m	US$426k	US$122m
Nov 25 2016	n/a	n/a	US$173m
Aug 26 2016	n/a	n/a	US$167m
May 27 2016	n/a	n/a	US$166m
Feb 26 2016	US$1m	US$417k	US$167m

Compensation vs Market: Sara's total compensation ($USD5.42M) is above average for companies of similar size in the US market ($USD3.62M).

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

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sara Armbruster	President	9.08yrs	US$5.42m	0.43% $ 3.8m
David Sylvester	Senior VP & CFO	11.83yrs	US$1.81m	0.40% $ 3.5m
Robert Krestakos	Vice President of Global Operations	8yrs	US$799.55k	0.041% $ 362.7k
Lizbeth O'Shaughnessy	Senior VP	15.58yrs	US$1.28m	0.26% $ 2.2m
Eddy Schmitt	Senior Vice President of Americas	8.92yrs	US$1.03m	0.079% $ 691.7k
Allan Smith	Senior VP & Chief Revenue Officer	1.33yrs	US$1.30m	0.043% $ 377.8k
Nicole Mcgrath	VP, Corporate Controller	0.083yr	no data	0.026% $ 226.6k
Steve Miller	VP & Chief Technology Officer	1.33yrs	no data	0.039% $ 338.4k
Michael O'Meara	Director of Investor Relations & Financial Planning and Analysis	no data	no data	no data
Ulrich Hans Gwinner	President of Asia Pacific	8.92yrs	no data	no data
Guillaume Alvarez	Senior Vice President of EMEA	8.92yrs	no data	0.058% $ 508.4k
Raj Mehan	Vice President Finance & Treasurer	no data	no data	no data

8.9yrs

Average Tenure

57yo

Average Age

Experienced Management: SCS's management team is seasoned and experienced (8.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sara Armbruster	President	1.83yrs	US$5.42m	0.43% $ 3.8m
Robert Pew	Independent Chair of the Board	36.08yrs	US$322.50k	4.41% $ 38.7m
Peter Wege	Independent Director	44.08yrs	US$225.00k	0.21% $ 1.9m
Kate Wolters	Independent Director	22.08yrs	US$215.00k	5.28% $ 46.4m
Timothy C. Brown	Independent Director	6.17yrs	US$230.00k	0.00023% $ 2.0k
Sanjay Gupta	Director	0.33yr	no data	0.0079% $ 69.7k
Connie Duckworth	Independent Director	12.92yrs	US$230.00k	0.089% $ 778.6k
Cathy Ross	Independent Director	16.92yrs	US$240.00k	0.0032% $ 28.1k
Jennifer Niemann	Director	5.58yrs	US$215.00k	0.58% $ 5.1m
Todd Kelsey	Independent Director	5.92yrs	US$235.00k	0.013% $ 110.7k
Catherine C. Schmelter	Independent Director	3.17yrs	US$220.00k	no data
Linda Williams	Independent Director	2.42yrs	US$225.00k	0.024% $ 213.9k

6.0yrs

Average Tenure

58yo

Average Age

Experienced Board: SCS's board of directors are considered experienced (6 years average tenure).