HNI Corporation Announces New Chairman of Board of Directors

Company Release - 11/7/2018 6:20 PM ET

MUSCATINE, Iowa--(BUSINESS WIRE)-- HNI Corporation (NYSE: HNI) announced today the retirement of Stan A. Askren from its Board of Directors effective December 31, 2018 and the election of Larry B. Porcellato to assume the role of Chairman of its Board of Directors effective January 1, 2019. This transition is part of a long-planned succession process. Mr. Askren retired as President and Chief Executive Officer of HNI Corporation earlier this year. Mr. Porcellato has been a member of HNI’s Board of Directors since 2004 and currently serves as Lead Director.

About HNI Corporation

HNI Corporation is a NYSE traded company (ticker symbol: HNI) providing products and solutions for the home and workplace environments. HNI Corporation is a leading global office furniture manufacturer and is the nation's leading manufacturer of hearth products. The Corporation's strong brands have leading positions in their markets. More information can be found on the Corporation's website at www.hnicorp.com.

HNI Corporation
Marshall H. Bridges, 563-272-7400
Senior Vice President and Chief Financial Officer
or
Jack D. Herring, 563-506-9783
Treasurer, Director of Finance and Investor Relations

Source: HNI Corporation