BNET Industries

Herman Miller Inc.

(MLHR) is in the Manufacturing Industry

Market Cap:$866.8M
Last Fiscal Year Sales:$2.0B
  • Public
  • US
Dow Jones Description

Herman Miller keeps office people comfortable in their cubes. Founded in 1905 and headquartered in Zeeland, MI, Herman Miller, Inc. (NASDAQ: MLHR) makes office furniture and products. The company produces chairs, tables, storage furniture, modular systems, lighting, textiles, and freestanding furniture items. It has production facilities in the US and UK, and sells through company and independent dealers. It operates in North America, Europe, Mexico, and Japan. The company has annual revenue of about $1.5 billion and employs about 6,200 people. In 2006, it was ranked as 'Most Admired' in its industry by Fortune Magazine.

Number of Employees 6,292
Contact Information

855 E Main Ave

PO Box 302

Zeeland, Michigan 49464-1366

hermanmillercap...

(616) 654-3000

NAICS Code Wood Office Furniture Manufacturing: 337211

Recent Events

  • Names and Faces in Business for Nov. 8

    11/08/09 - Mgmt. Change Entering - Vice President - View Story

  • Hot and Cool Double Auction at Clarke as Mid-Nineteenth Century Firefighting Collection meets Midcentury Modern...

    10/09/09 - Board Member - Entering - View Story

  • Muskegon to showcase Herman Miller's 'Good Design'

    9/17/09 - Licensing / Contract - View Story

  • Profits, Earnings Down at Herman Miller

    9/21/09 - Financial Announcement - View Story

  • Sheboygan furniture maker Nemschoff Chairs sold

    6/27/09 - Joint Venture / Alliance - View Story

  • Nemschoff acquired by Herman Miller for cash, stock

    6/25/09 - Mgmt. Change Entering - COO - View Story

  • Herman Miller, Inc., Announces the Acquisition of Nemschoff, Inc.

    6/29/09 - Mgmt. Change Entering - Other - View Story

  • Zeeland's Herman Miller listed among "Top 20 Sustainability Stocks"

    7/08/09 - Financial Announcement - View Story

  • Steelcase, Herman Miller: Still investing

    7/02/09 - Merger / Acquisition - View Story

  • Moody's Investors Services warns it may downgrade Herman Miller's investment grade

    6/17/09 - Bond / Stock Rating - View Story

  • Herman Miller Introduces SetuTM Chairs: Complexity Made Simple for the Next Generation of ...

    6/24/09 - Product Announcement - View Story

News & Analysis

herman miller inc. and steelcase inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Brian C. Walker CEO
J. Kermit Campbell Chief Executive Officer
Andrew J. Lock Chief Administrative Officer
Elizabeth A. Nickels Chief Financial Officer
Charles J. Vranian Executive Vice President, North American Emerging Markets
Donald D. Goeman Executive Vice President, Research, Design & Development
Gary S. Miller Executive Vice President, Creative Office
Kenneth L. Goodson Executive Vice President, Operations
Kristen L. Manos Executive Vice President, North American Office Learning Environments
Curtis S. Pullen Senior Vice President, Dealer Distr
David Knibbe Senior Vice President, Sales & Distr
James E. Christenson Senior Vice President, Legal Services
John Newland Vice President of Architecture and Design Sales
Joseph M. Nowicki Vice President, Investor Relations
John Lubbinge Director, Product Management
Mark Schurman Director, External Communications
Amanda Fowler Product Brand Manager
Gregg VanderKooi Product Manager
Jeff Anderle Manager, Marketing
Kimberly R Coffman Manager, Supplier Diversity
Kris Spaulding Program Manager for The Company's Design
Pete Phillips Senior Product Manager
Tom Granzow Senior Program Manager
Andre Matthews
Eulalia Colon
Wayne Susag
James R. Kackley Director

Board of Directors

Name (plus bio) Position
Max Depree Chairman
Brian Griffiths Board of Directors
C. William Pollard Board Director
David O. Ulrich Board Director
Dorothy A. Terrell Board of Directors
Douglas D. French Board Director
Griffiths Of Fforestfach Board of Directors
J. Barry Griswell Board of Directors
John R. Hoke Board of Directors
Mary Vermeer Andringa Board Director

"Since July 2004 - President and Chief Executive Officer, Herman Miller, Inc. From March 2003 to July 2004 - President and Chief Operating Officer, Herman Miller, Inc. From December 1999 to March 2003 - President, Herman Miller North America Year first became a Director - 2003 Year term expires - 2008 "

Organization Position Status
Herman Miller, Inc. CEO Current
Right Place, Inc Board of Directors Current
Herman Miller, Inc. Board Director Current
Briggs & Stratton Corporation Board of Directors Current
Briggs & Stratton Corporation Compensation Committee Member Current
Herman Miller, Inc. President Former
Herman Miller, Inc. Coo Former

J. Kermit Campbell, 70, is the former Chairman, President and Chief Executive Officer of Herman Miller, Inc., a designer and manufacturer of office furniture. Since leaving Herman Miller, Inc. in 1995, Mr. Campbell has invested in a number of ventures, including United Power Line Contractors, Bering Truck Corporation, Black Star Farms, Advanced Information Systems, United Shield International, PassAlong Networks and CORE Energy Co. He is a director of Irwin Union Bank, Tennessee Pacific and of PassAlong Networks. Mr. Campbell is an honorary Trustee and past Chairman of the Board of Hope College, a Trustee of the Northwestern Michigan College Foundation, a Trustee of Eagle Village and a Charitable Trustee and President of Traverse Symphony Orchestra. Mr. Campbell has been a director of SPX since 1993.

Organization Position Status
Herman Miller, Inc. Chief Executive Officer Current
Herman Miller, Inc. President Current
Hope College Board of Directors Current
Passalong Networks Director Current
SPX Corporation Board of Directors Current
Domain Name Rdunderground.Com Board of Directors Current
Black Star Farms Investor Current
Advanced Information Systems, Inc. Investor Current
Passalong Networks Investor Current
SPX Corporation Compensation Committee Member Current
Systems, Inc. Former
SPX Corporation Audit Committee Chairman Former
Hope College Chairman Former
Herman Miller, Inc. Chairman Former

"Mr. Lock was Senior Vice President for People Services from 2000 to 2003, Vice President for Integration from 1998 to 2000, and Vice President of International Human Resources from 1997 to 1998. Ms. Manos joined Herman Miller in 2002 and prior to this, she served as Vice President of Global Marketing and Global Product Marketing & Development at Haworth, Inc. for five years."

Organization Position Status
Herman Miller, Inc. Chief Administrative Officer Current
Herman Miller, Inc. Executive Vice President Former

"Ms. Nickels joined Herman Miller in 2000 and prior to this was Chief Financial Officer of Universal Forest Products, Inc., for seven years,"

Organization Position Status
Herman Miller, Inc. Chief Financial Officer Current
Spartan Stores, Inc. Director Current
Universal Forest Products, Inc. Cfo Former
Herman Miller, Inc. Executive Vice President Former
Universal Forest Products, Inc. Vice President of Finance for International Operations Former
Universal Forest Products, Inc. Financial Positions Former

"Mr. Vranian was Vice President of Product Management and Marketing from 1998 to 2001, Vice President of Design, Development, and Marketing for Miller SQA from 1995 to 1998; prior to this, he served in various product development, marketing and finance roles within the company."

Organization Position Status
Herman Miller, Inc. Executive Vice President, North American Emerging Markets Current

"Mr. Goeman joined Herman Miller’s New Product Development arena in 1980, and during his 26 years with the company he has held a variety of new product design and development leadership positions."

Organization Position Status
Herman Miller, Inc. Executive Vice President, Research, Design & Development Current
Herman Miller, Inc. Product Design and Development Leadership Positions Former

Organization Position Status
Herman Miller, Inc. Executive Vice President, Creative Office Current

"Mr. Goodson was Senior Vice President of the company’s seating procurement groups from 1997 to 2001, President of Herman Miller’s Integrated Metal Technology, Miltech, and Powder Coat Technologies subsidiaries from 1990 to 1997, and Director of Operations at one of the company’s West Michigan facilities from 1987 to 1990."

Organization Position Status
Herman Miller, Inc. Executive Vice President, Operations Current

Organization Position Status
Select Comfort Corporation Executive Vice President and President, Herman Miller, Inc., North American Office Environments Current
Herman Miller, Inc. Executive Vice President, North American Office Learning Environments Current
Herman Miller, Inc. Officer Current
Select Comfort Corporation Board of Directors Current

Organization Position Status
Herman Miller, Inc. Senior Vice President, Dealer Distr Current

Organization Position Status
Herman Miller, Inc. Senior Vice President, Sales & Distr Current

Organization Position Status
Herman Miller, Inc. Senior Vice President, Legal Services Current
Herman Miller, Inc. Secretary Current

Organization Position Status
Herman Miller, Inc. Vice President of Architecture and Design Sales Current
Asid Foundation, Inc. Board of Directors Current
Miami University Degrees In Environmental Design Former

"Mr. Nowicki was the Vice President of Finance for International Operations from 2000 to 2003; before this, he served in various financial functions within the company."

Organization Position Status
Herman Miller, Inc. Vice President, Investor Relations Current
Herman Miller, Inc. Treasurer Current

Organization Position Status
Herman Miller, Inc. Director, Product Management Current

Organization Position Status
Herman Miller, Inc. Director, External Communications Current
Herman Miller, Inc. Director, External Communications Former

Organization Position Status
Herman Miller, Inc. Product Brand Manager Current
Warmers Marketing Manager Current
Grand Valley State University Master of Science Degree In Communications Former
Hope College BA Degree In English Former

Organization Position Status
Herman Miller, Inc. Product Manager Current

Organization Position Status
Herman Miller, Inc. Manager, Marketing Current

Organization Position Status
Herman Miller, Inc. Manager, Supplier Diversity Current

Organization Position Status
Herman Miller, Inc. Program Manager for The Company's Design Current

Organization Position Status
Herman Miller, Inc. Senior Product Manager Current

Organization Position Status
Herman Miller, Inc. Senior Program Manager Current

Organization Position Status
Holland Area Arts Council Current
Herman Miller, Inc. Current

Array

Organization Position Status
Herman Miller, Inc. Current

Wayne Susag is a new Watercarrier at Herman Miller. That means he's worked here for 20 years. His job, and that of nearly 1,600 Watercarriers like him, is to exemplify the best parts of our culture and to train others on how to be more productive, improve quality, and serve customers better. Now, not everyone is a Watercarrier, but about 20 percent of Herman Miller employees are. And those who aren't, certainly look up to them.

Organization Position Status
Herman Miller, Inc. Current

Born in Zeeland, Michigan, USA and dropping out of college to join the Army Medical Corps in 1943, he went to work for his father's Michigan company, Herman Miller (named after his mother's father) in 1947, which produced furniture by designers such as Charles Eames. Taking over as chief executive officer in 1980 and then as chairman in 1987, he increased sales dramatically through his distinctively worker-friendly management style. His book, Leadership is An Art (1989), has been reprinted in 10 languages. Known in both the corporate and nonprofit worlds for his leadership wisdom. De Pree pioneered the use of profit sharing, gain sharing, work teams, and other participatory management practices. His other leadership books include Leadership Jazz and Leading Without Power. DePree is now chairman emeritus of Herman Miller, Inc., a member of Fortune magazine's National Business Hall of Fame, and a recipient of the Business Enterprise Trust's Lifetime Achievement Award. He has served on the boards of Fuller Theological Seminary, Hope College, and Words of Hope, and as a member of the advisory board of the Peter F. Drucker Foundation for Nonprofit Management.

Organization Position Status
Oxford Company Current
Herman Miller, Inc. Chairman Current
Hope College Board of Directors Former
Fuller Theological Seminary Board of Directors Former
Words+, Inc. Board of Directors Former

Organization Position Status
Land Securities Trillium Limited Chairman Current
M.E.R.C Board of Directors Current
The Railroad Director Current
The ServiceMaster Company Director Current
Hometimemedia Board of Directors Current
Herman Miller, Inc. Board of Directors Current
Transformational Business Network Limited Board of Directors Current
The ServiceMaster Company Member Executive Committee Current
City University Professor of Banking and International Finance Former
The London School of Economics Former

Organization Position Status
Soul, Inc. Current
The Avodah Institute Chairman Current
Wheaton College Chairman Current
The ServiceMaster Company Chairman Emeritus Current
UnumProvident Corporation Board Chairman Current
Herman Miller, Inc. Board Director Current
UnumProvident Corporation Board of Directors Current
The Peter F. Drucker Foundation for Nonprofit Management Board of Directors Current
The ServiceMaster Company CEO Former
Northwestern University School of Law J.D. Former

Organization Position Status
University of Michigan Business School Professor Current
Herman Miller, Inc. Board Director Current

Organization Position Status
First Light Capital Venture Partner Current
The Commonwealth Institute Board Member Current
General Mills, Inc. Board of Directors Current
Herman Miller, Inc. Board of Directors Current
Massachusetts General Hospital Board Member Current
Digital Equipment Corporation diverse leadership roles Former
Sun Microsystems, Inc. Corporate Officer Former
Florida A&M University B.A. Former

Organization Position Status
Sante Ventures, LLC Managing Director Current
Sante Ventures, LLC Founder Current
Jdresources, Inc. Principal Current
MedAssets Inc. Current
Ascension Health, Inc. Board Member Current
Catholic Healthcare West, Inc. Board Member Current
Emageon Inc. Board of Directors Current
Brim Healthcare Board of Directors Current
Brim, Inc Board of Directors Current
Herman Miller, Inc. Board Director Current
Crosslink Board of Directors Current
St Mary CEO Former
St. Mary's Medical Center CEO Former
Ascension Health, Inc. CEO Former
St Mary President Former
St. Mary's Medical Center President Former
Ascension Health, Inc. President Former
Ascension Health, Inc. Coo Former
Saint Thomas Hospital Vice President Former
Xavier University his graduate degree Former
Trevecca Nazarene University undergraduate degree Former

Organization Position Status
Herman Miller, Inc. Board of Directors Current

Organization Position Status
Principal Financial Advisors, Inc. Chairman, President & CEO Current
Preferred Product Network, Inc. Chairman, President & CEO Current
Principal Financial Services, Inc. Chairman, President & CEO Current
Principal International, Inc. Chairman, President & CEO Current
Principal Financial Group, Inc. Chairman, President, CEO Current
Principal Holding Company Chairman, President & CEO Current
Principal Enterprise Capital, LLC Chairman, President & CEO Current
The Financial Services Roundtable Principal Financial Group Current
Iowa Business Hall of Fame Current
American Council of Life Insurers chairman Current
Herman Miller, Inc. Board of Directors Current
The Financial Services Roundtable Board Member Current
Berry College Board of Directors Current
Central College Board of Directors Current
The Community Foundation Acting President Former
Principal Financial Group, Inc. Vice President Former
Principal Financial Group, Inc. Officer Former
Principal Financial Group, Inc. Board of Directors Former
United Way of America member Former

Mr. Kackley, 63, is a private investor. From 1963 to 1999, Mr. Kackley practiced as a public accountant for Arthur Andersen. From 1974 to 1999, he was an audit partner for the firm, dealing with a substantial number of public and non-public companies. In addition, in 1998 and 1999, he served as Chief Financial Officer for Andersen Wordwide, then a $16 billion a year professional services firm operating in more than 100 countries. From June 1999 to May 2002, Mr. Kackley served as an adjunct professor at the Kellstadt School of Management at DePaul University. Mr. Kackley serves as a director and as the audit committee financial expert of Herman Miller, Inc., a Michigan-based manufacturer of office furniture, and as a director and chairman of the audit and finance committee for Orion Energy Systems, Inc., a Wisconsin-based manufacturer of industrial lighting. Previously, he served on the audit committees of Northwestern University and the Chicago Symphony Orchestra, not-for-profit corporations. He is currently a Life Trustee of Northwestern University and the Museum of Science and Industry (Chicago).

Organization Position Status
PepsiAmericas, Inc. Director of Various Corporations Current
Museum of Science and Industry Board of Directors Current
Herman Miller, Inc. Director Current
PepsiAmericas, Inc. Board of Directors Current
PepsiAmericas, Inc. Member Current
Museum of Science and Industry Trustee Current
Andersen Worldwide Chief Financial Officer Former
Chicago Symphony Orchestra Former
Opportunity International, Inc. Former

Organization Position Status
Nike, Inc. Vice President, Global Footwear, Converse Current
Herman Miller, Inc. Board of Directors Current

"Since February 2003 - Chief Executive Officer, Vermeer Manufacturing From 1989 to February 2003 - Chief Operating Officer, Vermeer Manufacturing Since 1989 - President, Vermeer Manufacturing Year first became a Director - 1999 Year term expires - 2008"

Organization Position Status
Herman Miller, Inc. Board Director Current

Executive News

  • Orion appoints Kackley as president, COO

    Biz Journals - 7/22/09 - View Story

  • A well-built company

    Milwaukee Journal Sentinel - 7/05/09 - View Story

  • Spartan Motors names new CFO

    TradingMarkets - 7/01/09 - View Story

  • Spartan Motors Names Joseph M. Nowicki as Chief Financial Officer

    The Auto Channel - 6/30/09 - View Story

  • Nowicki Named CFO Of Spartan Motors

    TradingMarkets - 6/30/09 - View Story

  • Spartan Motors Names Joseph Nowicki CFO - Update

    RTTNews.com - 6/30/09 - View Story

  • Spartan Motors Appoints Joseph Nowicki As CFO - Quick Facts

    RTTNews.com - 6/30/09 - View Story

  • Spartan Motors Names Joseph M. Nowicki as Chief Financial Officer

    RBC Dain Raushcer - 6/30/09 - View Story

  • Herman Miller, Inc., Announces the Acquisition of Nemschoff, Inc.

    Furniture World Magazine - 6/29/09 - View Story

  • Sheboygan furniture maker Nemschoff Chairs sold

    Northwestern - 6/27/09 - View Story

  • Sale won't shut down Sheboygan-based Nemschoff Chairs

    Northwestern - 6/27/09 - View Story

  • Herman Miller, Inc., Announces the Acquisition of Nemschoff, Inc.

    CNBC - 6/24/09 - View Story

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     MLHR $15.51 +0.32 (2.11% )
Average Volume 491,391
Shares Outstanding 55.89M
Market Cap 866.9M
Year High 19.25
Year Low 7.91
Earnings Per Share 0.78
P/E Ratio 19.88
Dividend 0.09
Yield 0.57
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