Brian Walker - Herman Miller CEO and President and Lead Director

CEO

Mr. Brian C. Walker is no longer President, Chief Executive Officer, Director of Herman Miller Inc., effective August 31, 2018. Mr. Walker has served as President and Chief Executive Officer of the Company. Previously, he held other executive leadership positions with the Company having served as the Chief Operating Officer of Herman Miller Inc., President of Herman Miller North America and Chief Financial Officer. Mr. Walker is a Certified Public Accountant and serves as the lead director and chairs the Compensation Committee of Briggs Stratton Corporationrationration. since 2004.
Age 55
Tenure 20 years
Phone616 654-3000
Webwww.hermanmiller.com
Walker is a Certified Public Accountant and serves on the Detroit Board of Directors of the Federal Reserve Bank of Chicago and as Chair of the Audit and Compensation Committees of Briggs & Stratton Corporationrationrationration.

Herman Miller Management Efficiency

The company has return on total asset (ROA) of 2.12 % which means that it generated a profit of $2.12 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 2.12 %, meaning that it created $2.12 on every $100 dollars invested by stockholders. Herman Miller's management efficiency ratios could be used to measure how well Herman Miller manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 3.5 B in liabilities with Debt to Equity (D/E) ratio of 1.13, which is about average as compared to similar companies. Herman Miller has a current ratio of 1.71, which is within standard range for the sector. Debt can assist Herman Miller until it has trouble settling it off, either with new capital or with free cash flow. So, Herman Miller's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Herman Miller sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Herman to invest in growth at high rates of return. When we think about Herman Miller's use of debt, we should always consider it together with cash and equity.

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Herman Miller, Inc. researches, designs, manufactures, and distributes interior furnishings worldwide. The company was incorporated in 1905 and is headquartered in Zeeland, Michigan. Miller Herman operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 7600 people. Herman Miller (MLHR) is traded on NASDAQ Exchange in USA and employs 7,600 people.

Management Performance

Herman Miller Leadership Team

Elected by the shareholders, the Herman Miller's board of directors comprises two types of representatives: Herman Miller inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Herman. The board's role is to monitor Herman Miller's management team and ensure that shareholders' interests are well served. Herman Miller's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Herman Miller's outside directors are responsible for providing unbiased perspectives on the board's policies.
Leander LeSure, Chief Human Resources Officer
John Griswell, Independent Director
David Brandon, Independent Director
Kevin Veltman, Vice President Treasurer, IR Contact Officer
Andrew Lock, Executive VP and President of Herman Miller International
Gregory Bylsma, COO of Herman Miller North America - Work and Learning and Executive VP
Michael Volkema, Independent Chairman of the Board
Barry Griswell, Independent Director
Mary Andringa, Independent Director
Douglas French, Independent Director
Megan Lyon, Chief Strategy Officer
Michael Smith, Director
Dorothy Terrell, Independent Director
Donald Goeman, Executive VP of Research, Design and Devel.
John Hoke, Independent Director
Andrea Owen, President CEO, Director
Jeffrey Kurburski, Vice President of Information technology
John Edelman, Executive VP and CEO of Design Within Reach Inc
Brenda Freeman, Director
Ben Watson, Executive Creative Director
Brian Walker, CEO and President and Lead Director
Michael Ramirez, Senior Vice President - People, Places and Administration
Jackie Rice, General Counsel
David Ulrich, Independent Director
Louise McDonald, Executive Vice President and Presidentident, Healthcare
Timothy Lopez, Senior Vice President - Legal Services, Secretary
Steven Gane, Senior Vice President and Presidentident of Geiger & Specialty/Consumer
John Mcphee, Executive Vice President and President Design
Malisa Bryant, Senior Vice President - Sales and Distribution of North America (Work and Learning).
Jeffrey Stutz, CFO and Executive VP
Lisa Kro, Independent Director
Heidi Manheimer, Director
Jeremy Hocking, Executive Vice President - Strategy and Business Development

Herman Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Herman Miller a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Herman Miller information on this page should be used as a complementary analysis to other Herman Miller's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Consideration for investing in Herman Stock

If you are still planning to invest in Herman Miller check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Herman Miller's history and understand the potential risks before investing.
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