AI brief of an SEC Form 8-K · MillerKnoll (MLKN)
MillerKnoll appoints Jeff Stutz as CEO, ending his interim role
MillerKnoll's board appointed Jeff Stutz as Chief Executive Officer and a board member, effective October 21, 2026, ending his service as interim CEO that began in June 2026. The board also increased its size from ten to eleven members, and the offer letter sets out his pay, equity grant and severance terms.
Key points
- Stutz appointed CEO and to the board effective October 21, 2026; board expanded from ten to eleven members
- Base salary of $1,000,000, with target annual incentive of 125% and target long-term incentive of 400% of base salary
- One-time step-up equity grant with a target grant date value of $1,075,000, delivered 60% in performance stock units and 40% in restricted stock units
- Change-in-control severance multiple raised from two to three times, and benefits continuation extended from 24 to 36 months
The filing
CompanyMillerKnoll (MLKN)
Form8-K, current report
Filed with the SECOct 21, 2026, 8:00 AM ET
Accession number0000066382-26-000173
Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.