HNI Corporation (HNI) had a good day on the market for Wednesday February 24 as shares jumped 3.46% to close at $37.67. About 243,951 shares traded hands on 3,249 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.71 million. After opening the trading day at $36.88, shares of HNI Corporation stayed within a range of $37.72 to $36.38.
Herman Miller Inc. (MLHR) had a good day on the market for Wednesday February 24 as shares jumped 3.07% to close at $39.60. About 288,352 shares traded hands on 3,873 trades for the day, compared with an average daily volume of n/a shares out of a total float of 58.98 million. After opening the trading day at $38.64, shares of Herman Miller Inc. stayed within a range of $39.85 to $38.54.
Trendway added a pair of independent sales rep groups in Ontario and Quebec, continuing its expansion into Canada.
The Holland-based furniture manufacturer, which is part of Itasca, Illinois-based Fellowes Brands through its Fellowes Contract Interiors division, said last week that it added Hamilton, Ontario-based Green River Furniture and Montreal, Quebec-based Major Design Furniture to its sales team as independent rep groups.
Furniture manufacturer La-Z-Boy Incorporated has named its chief financial officer Melinda D. Whittington to succeed retiring President and Chief Executive Officer Kurt L. Darrow, effective April 25.
Darrow will remain chairman of the Monroe, Michigan-based company’s board of directors. Whittington also was elected to serve on the board.
Bob Lucian, the company’s vice president of finance, will succeed Whittington in the role of CFO.
After achieving carbon neutrality across its operations, Steelcase is now targeting new goals to be carbon negative by 2030.
Motivated by the urgency of climate change, Steelcase expanded upon its existing renewable energy commitments with the purchase of carbon offsets. In 2020, Steelcase achieved a reduction of more than 30 per cent in greenhouse gas emissions over the previous ten years. While the carbon neutral (net zero) target has been achieved by removing as much carbon as it emits, the company is now taking its commitment further with a goal to become carbon negative by 2030, which it plans to accomplish by reducing emissions across its operations with targets in line with climate science.
La-Z-Boy Inc.’s finance chief is preparing to take the furniture maker’s helm as the company confronts a surge in demand and faces longer-term questions on how it will continue growing after the pandemic home-improvement craze ends.
The Monroe, Mich.-based company, known for its recliners, this week named Melinda Whittington its chief executive officer, succeeding longtime CEO Kurt Darrow, who is retiring. The changes take effect on April 25.
MONROE, Mich. – La-Z-Boy’s recently announced fiscal third-quarter results again painted a picture of the opportunities and challenges facing the furniture industry as a whole.
In a conference call with analysts and a follow-up interview with Furniture Today, outgoing CEO Kurt Darrow and his successor, current CFO Melinda Whittington, outlined how La-Z-Boy is addressing the positives and the problems, and set the stage for a change in corporate leadership at an industry manufacturing and retail powerhouse. (Darrow will continue as chairman of the board when Whittington officially assumes the CEO role at the end of La-Z-Boy’s fiscal year.)
MONROE, Mich., Feb. 18, 2021 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Raphael Richmond, Senior Director of Corporate Compliance and Employment Law, will succeed Stephen K. Krull as Vice President and General Counsel, effective April 25, 2021, concurrent with the company’s new fiscal year. She will also hold the role of Chief Compliance Officer. In a related move, Uzma Ahmad, Senior Director of Corporate Law and Assistant Secretary, has been appointed Vice President, Deputy General Counsel and Corporate Secretary, also effective on April 25, 2021. Krull previously announced his retirement and will work with Richmond and Ahmad to ensure a smooth transition.
MCKINNEY, Texas, Feb. 18, 2021 /PRNewswire/ — For some families across the United States, quality medical care—whether for a routine checkup or a serious injury—can be hard to come by. But when a new healthcare facility for an underserved community is opened, providing a space for services is just the beginning. In addition to facilitating quality care, the experience must be designed in a way that reduces anxiety and confronts the preexisting negative perceptions many underserved individuals may have about healthcare.
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