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HNI Corporation Announces New Chief Executive Officer

Company Press Release

HNI Corporation announced the retirement of Stan A. Askren as Chief Executive Officer and the promotion of Jeffrey D. Lorenger as its new Chief Executive Officer. This transition is part of a long-planned and previously communicated succession process. Mr. Askren will remain Chairman of the Board of Directors until his retirement from the Board, which is anticipated no later than the end of the year. As part of this succession process, Mr. Lorenger was appointed President, HNI Corporation and a Director of the Corporation on April 20, 2018.

About HNI Corporation

HNI Corporation is a NYSE traded company (ticker symbol: HNI) providing products and solutions for the home and workplace environments. HNI Corporation is a leading global office furniture manufacturer and is the nation’s leading manufacturer of hearth products. The Corporation’s strong brands have leading positions in their markets.


Marshall H. Bridges – Senior Vice President & Chief Financial Officer – (563) 272-7400

Jack D. Herring – Treasurer, Director of Finance & Investor Relations – (563) 506-9783

Source: HNI Corporation