Every material Form 8-K MillerKnoll filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
At its October 12, 2026 annual meeting, MillerKnoll shareholders approved the 2026 Long-Term Incentive Plan, which replaces the 2025 plan and authorizes up to 23,964,945 shares for issuance, subject to certain adjustments. The plan covers equity awards to non-employee directors and all employees, including named executive officers. Shareholders also elected three directors to three-year terms, approved executive pay on an advisory basis, and ratified KPMG LLP as auditor for the fiscal year ending May 29, 2027.
Plan approved with 50,343,262 votes for and 8,653,283 votes against, plus 113,987 abstentions and 5,807,699 broker non-votes
Maximum of 23,964,945 shares may be issued under the plan, subject to adjustments
Jeanne K. Gang, Michael R. Smith and Claire F. Spofford elected to three-year terms; Gang received 57,569,433 votes for
KPMG LLP ratified as independent registered public accounting firm with 64,449,678 votes for
MillerKnoll reported first-quarter fiscal 2027 net sales of $923.4 million, down 3.4% from a year earlier, while diluted earnings per share rose to $0.38 from $0.29. The company said the quarter included about $10 million in net operating income from U.S. tariff refunds, worth $0.11 per diluted share, and it cut its full-year net sales outlook to $3.88 billion to $4.03 billion from $3.93 billion to $4.13 billion, while keeping its adjusted EPS outlook of $1.85 to $2.15 unchanged.
Net sales were $923.4 million, down 3.4% as reported and down 3.3% organically; orders were $913.9 million, up 3.2%.
Diluted EPS was $0.38 versus $0.29; adjusted diluted EPS was $0.53 versus $0.45, both including the $0.11 tariff refund benefit.
Full-year fiscal 2027 net sales outlook was lowered to $3.88 billion to $4.03 billion from $3.93 billion to $4.13 billion; adjusted EPS outlook stayed at $1.85 to $2.15.
Interim CEO Jeff Stutz was named in the release; the board declared a $0.1875 quarterly dividend payable October 15, 2026.
MillerKnoll reported fourth-quarter and full fiscal 2026 results for the period ended May 30, 2026, with net sales up 4.4% to $1.004 billion and GAAP diluted EPS of $0.34, compared with a loss of $0.84 a year earlier. Adjusted diluted EPS fell to $0.55 from $0.60, orders declined 6.3%, and Jeff Stutz, Chief Operating Officer, is stepping into the interim CEO role. The company also gave first-quarter and full fiscal 2027 adjusted EPS outlooks of $0.33 to $0.39 and $1.85 to $2.15.
Q4 net sales of $1.004 billion, up 4.4% as reported; orders of $971.5 million, down 6.3%
Q4 GAAP diluted EPS of $0.34 vs. a loss of $0.84 a year earlier; adjusted diluted EPS of $0.55 vs. $0.60
Q1 FY2027 adjusted EPS outlook of $0.33 to $0.39; full year FY2027 outlook of $1.85 to $2.15
Jeff Stutz named incoming interim CEO; company recorded $2.6 million in CEO transition costs in Q4
MillerKnoll said President and CEO Andi Owen will retire on June 30, 2026, as mutually agreed with the Board, and that Chief Operating Officer Jeff Stutz will become Interim CEO on that date. The company also reiterated that its fiscal 2026 fourth quarter results are expected to be in line with prior guidance, with results due June 24, 2026, and said the Board will run a search for a permanent CEO.
Andi Owen resigned from the Board and began a leave of absence effective May 30, 2026; she retires June 30, 2026.
Jeff Stutz, COO since September 2025 and former CFO, performs CEO duties during the leave and becomes Interim CEO June 30, 2026.
Stutz's offer letter sets an annual base salary of $900,000, with bonus and equity targets of 125% and 325% of base salary.
Board size was reduced from eleven to ten directors, effective May 30, 2026.
MillerKnoll reported third-quarter fiscal 2026 results for the quarter ended February 28, 2026, with net sales up 5.8% to $926.6 million and diluted EPS of $0.34, compared with a loss of $0.19 a year earlier. Adjusted diluted EPS was $0.43, down 2.3% from $0.44, and the company guided fourth-quarter adjusted diluted EPS to $0.49 to $0.55.
Orders rose 9.2% to $931.6 million, led by North America Contract orders up 13.1%.
Adjusted operating margin was 5.7%, compared with 6.6% a year earlier.
Fourth-quarter net sales outlook is $955 million to $995 million, including an estimated $8 million to $9 million direct impact from the Middle East conflict.
Board declared a quarterly dividend of $0.1875 per share, payable April 15, 2026.
MillerKnoll entered into Amendment No. 5 to its credit agreement on February 10, 2026, refinancing its entire 2025 term loan B facility, which had an initial principal of $550 million, with a new 2026 term loan B facility. The new facility had $548.6 million outstanding at closing, carries an interest margin 25 basis points lower than before, and matures on August 7, 2032, the same date as the old loan.
New 2026 term loan B facility had $548,625,000 outstanding as of February 10, 2026
Applicable margin cut to 2.00% for SOFR-based loans and 1.00% for base rate loans, 25 basis points lower than before
Prepayments tied to certain repricing events in the first six months carry a 1.00% premium
MillerKnoll appointed Claire Spofford to its Board of Directors effective January 13, 2026, and increased the board from 10 to 11 members. Spofford previously served as CEO, President and Director of J.Jill, Inc. from February 2021 until April 2025, and she will receive the standard non-employee director compensation.
Claire Spofford appointed to the Board effective January 13, 2026, and also to the Compensation Committee
Board size increased from 10 to 11 members; the filing says ten of eleven directors are independent
Spofford was CEO, President and Director of J.Jill, Inc. from February 2021 until retiring in April 2025
Company announced the appointment in a press release dated January 16, 2026
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every MillerKnoll filing is on SEC EDGAR ↗. 8-K briefs of other companies →