On February 12, 2020, HNI Corporation’s Board of Directors elected Jeff Lorenger, President and Chief Executive Officer of the Corporation, as the Chairman of the Board and appointed Larry Porcellato as the Lead Director, both effective February 12, 2020. The Board also appointed Larry Porcellato as its Lead Director. Mr. Porcellato served as Chairman of the Board from January 2019 and prior to that as Lead Director. Mr. Porcellato has been a member of the Board of Directors since 2004. In his added capacity as Lead Director, Mr. Porcellato will preside at executive sessions of the Board and serve as liaison between the independent directors and the Chairman.
HNI Corporation is a provider of workplace furnishings and residential building products. The workplace furnishings segment manufactures and markets a line of commercial and home office furniture, which includes panel-based and freestanding furniture systems, seating, storage, benching, tables, architectural products, and social collaborative items. The residential building products segment manufactures and markets a range of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories. Its products are sold primarily through independent dealers, office product distributors, eCommerce retailers, and wholesalers but also directly to end-user customers and federal, state, and local governments. Its brands include HON, Allsteel, Beyond, Dâstyle, Gunlocke, Kimball, HBF, HBF Textiles and HNI India. It exports select products through its export subsidiary to North America, principally the Caribbean, Latin America, and Mexico.