leadership
confidence high
sentiment neutral
materiality 0.40
President HNI International Kurt Tjaden to retire Sep 30; separation includes $425K payment
HNI CORP
- Kurt Tjaden retires as President HNI International and SVP, effective September 30, 2022, after 14 years of service.
- Separation agreement provides $425,000 lump-sum cash payment (less withholding), release of claims, and non-competition covenants.
- Board removed Tjaden as Section 16 executive officer following the sale of the Lamex business in July 2022.