MILLERKNOLL, INC.

MillerKnoll, Inc.'s Board of Directors approved amendments to the company's Amended and Restated Bylaws and Board Governance Guidelines, effective July 14, 2026. The Bylaw amendment removes a provision that previously prohibited election to the Board after age 72 and required resignation for directors reaching age 72. Separately, the Board Governance Guidelines were amended to increase the director retirement age from 72 to 75 and allow for temporary waivers of this provision in the company's best interest.

MillerKnoll, Inc. reported its fourth quarter and full fiscal year 2026 results. For Q4, net sales rose 4.4% to $1.004 billion, while diluted EPS significantly increased to $0.34, though adjusted diluted EPS declined 8.3% to $0.55. For the full fiscal year, net sales grew 4.7% to $3.842 billion, and diluted EPS improved to $1.32. The company also provided Q1 FY2027 guidance, projecting net sales between $928 million and $968 million and adjusted diluted EPS of $0.33 to $0.39. Jeff Stutz, COO, was appointed interim CEO, expressing confidence in the company's strategic vision and improved profitability.

MillerKnoll, Inc. announced that President and CEO Andi R. Owen will retire effective June 30, 2026, by mutual agreement with the Board. Jeff Stutz, the current Chief Operating Officer, has been appointed to perform CEO duties during Ms. Owen's leave of absence and will become Interim Chief Executive Officer on June 30, 2026. The company also detailed compensation arrangements for Mr. Stutz, including an annual base salary of $900,000, and severance for Ms. Owen. Additionally, the Board decreased its size from eleven to ten directors, and the company reiterated its fiscal 2026 fourth-quarter outlook.