Millerknoll's Incoming Interim CEO Sees Room for Improvement

Dow Jones

06/25

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 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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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) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 18:20 ET (22:20 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MLKN","symbol_name":"MillerKnoll","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2646454841","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646454841","pubTimestamp":1782339600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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.  Dow Jones NewswiresJune 24, 2026 18:20 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MLKN":"MillerKnoll","BK4143":"办公服务与用品"},"translate_title":"Millerknoll即将上任的临时首席执行官看到了改进的空间","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MLKN":0.9},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 24, 2026 18:20 ET (22:20 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}