MillerKnoll CEO Andi Owen to Retire; Jeff Stutz Takes Interim Role
Event summary
- Andi Owen to retire as CEO of MillerKnoll on June 30, 2026, after a period of transformation.
- Jeff Stutz, current COO, to serve as interim CEO starting June 30, 2026.
- MillerKnoll reiterates fiscal 2026 fourth quarter outlook as previously guided.
- Board to conduct comprehensive search for permanent CEO, including internal and external candidates.
- Stutz has over 25 years of industry experience, including roles as CFO and COO at MillerKnoll.
The big picture
MillerKnoll's leadership transition comes at a critical juncture as the company seeks to solidify its position as a global design leader. The move reflects broader trends in corporate governance, where succession planning and leadership continuity are paramount. With net sales of $3.7 billion in fiscal year 2025, the company's ability to execute its strategic priorities will be closely watched by investors and industry observers alike.
What we're watching
- Leadership Continuity
- Whether Jeff Stutz can maintain strategic momentum during the interim period and through the permanent CEO search.
- Strategic Execution
- How MillerKnoll will navigate macroeconomic challenges and geopolitical instability under new leadership.
- Financial Performance
- The pace at which MillerKnoll can deliver on its growth strategy amid evolving market conditions.