Millerknoll's Incoming Interim CEO Sees Room for Improvement

Dow Jones06-25

1820 ET - MillerKnoll's incoming interim CEO Jeff Stutz sees an opportunity to bolster the company's results. "I want to be clear that our financial performance is not where we want it to be," Stutz says during a call with analysts. The company is entering the current fiscal year with a few priority areas, including a focus on cost discipline and improving its balance sheet, Stutz says. The company is also working to build more of its new stores in a smaller format. "These locations are resonating with customers, broadening our demographic reach and delivering attractive economics," he says, given they require lower upfront capital and reach productivity more quickly. Stutz, the company's chief operating officer, is set to take on the CEO position on an interim basis on June 30, when Andi Owen is expected to retire from the role. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

June 24, 2026 18:20 ET (22:20 GMT)

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The company is also working to build more of its new stores in a smaller format. \"These locations are resonating with customers, broadening our demographic reach and delivering attractive economics,\" he says, given they require lower upfront capital and reach productivity more quickly. Stutz, the company's chief operating officer, is set to take on the CEO position on an interim basis on June 30, when Andi Owen is expected to retire from the role. 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The company is entering the current fiscal year with a few priority areas, including a focus on cost discipline and improving its balance sheet, Stutz says. The company is also working to build more of its new stores in a smaller format. \"These locations are resonating with customers, broadening our demographic reach and delivering attractive economics,\" he says, given they require lower upfront capital and reach productivity more quickly. Stutz, the company's chief operating officer, is set to take on the CEO position on an interim basis on June 30, when Andi Owen is expected to retire from the role. 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