MillerKnoll appoints Jeff Stutz as permanent chief executive officer
MillerKnoll's board unanimously appointed Jeff Stutz as permanent CEO and a member of the board, effective immediately on October 21, 2026. Stutz had been serving as interim CEO since June 30, 2026 after Andi Owen stepped down. The board highlighted his 25‑plus years of industry experience and his impact on operating income, margins and earnings during his interim tenure. The appointment also increased the board to eleven directors.
Why it matters
The leadership change signals continuity in the company’s strategy to improve profitability, which may affect investor confidence. The company also reaffirmed its 2026 revenue guidance of $3.88 billion to $4.03 billion, providing a financial outlook for shareholders.
Key facts
- 1Jeff Stutz was appointed permanent CEO and board member, effective immediately on October 21, 2026. prnewswire.com
- 2Stutz has served as interim CEO since June 30, 2026. sec.gov
- 3The board’s vote was unanimous. prnewswire.com
- 4Board size increased to eleven members. tradingview.com
- 5Shares closed at $21.27, up 1.65% after the announcement. rttnews.com
- 6MillerKnoll expects 2026 revenues between $3.88 billion and $4.03 billion. finance.yahoo.com
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.