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Industrials & Aerospace

HNI Corp Executive Compensation (FY25)

HNI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Jeffrey Lorenger
Latest say-on-pay support
=
May 20, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): May 21, 2026
12 filings cited on this page
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324 figures on this page: 314 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

More on HNI Corp

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jeffrey Lorenger: $7,060,819 → $8,218,947 (16.4% higher)
Say-on-pay support: 97.5% → 97.5% (0.0 points lower)
CEO pay ratio: 96:1 → 97:1 (1.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is HNI Corp's chief executive and what were they paid?
Total compensation for Jeffrey Lorenger, Chairman, President and Chief Executive Officer, came to $8,218,947 in fiscal 2025. Compared with the $7,060,819 reported for fiscal 2024, Lorenger's total was 16.4% higher.
What was HNI Corp's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.5% of votes cast for or against in favor at the meeting held May 20, 2026.
Which companies are in HNI Corp's peer group?
Companies named in the disclosed peer group include A.O. Smith Corporation, ACCO Brands Corporation, American Woodmark Corporation, Apogee Enterprises, Inc. and Armstrong World Industries, Inc., among others.
What is HNI Corp's chief executive pay ratio?
The company reported a chief executive pay ratio of 97:1 for fiscal 2025, against median employee compensation of $84,755.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Lorenger
Chairman, President and Chief Executive Officer, HNI Corporation
◇◇◇—◇—◇◇
Marshall Bridges
Chief Financial Officer; Senior Vice President, HNI Corporation
◇◇◇—◇—◇◇
Vincent Berger II
President, Hearth & Home Technologies; Executive Vice President, HNI Corporation
◇◇◇—◇—◇◇
Steven Bradford
Senior Vice President, General Counsel and Secretary, HNI Corporation
◇◇◇—◇—◇◇
B Bullock III
President, The HON Company
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Lorenger
Chairman, President and Chief Executive Officer
◇◇◇—◇—◇◇
Marshall Bridges
Chief Financial Officer; Senior Vice President, HNI Corporation
◇◇◇—◇—◇◇
Vincent Berger II
Chief Financial Officer; Executive Vice President
◇◇◇—◇—◇◇
Steven Bradford
Senior Vice President, General Counsel and Secretary
◇◇◇—◇—◇◇
B. Brandon Bullock III
Chief Operating Officer
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Lorenger
Chairman, President and Chief Executive Officer
◇◇◇—◇◇◇◇
Marshall Bridges
Chief Financial Officer; Senior Vice President, HNI Corporation
◇◇◇—◇◇◇◇
Vincent Berger II
Chief Financial Officer; Executive Vice President
◇◇◇—◇—◇◇
Steven Bradford
Senior Vice President, General Counsel and Secretary
◇◇◇—◇—◇◇
B. Brandon Bullock III
Chief Operating Officer
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Lorenger
Chairman, President and Chief Executive Officer
◇◇◇—◇◇◇◇
Vincent Berger II
Chief Financial Officer; Executive Vice President
◇◇◇—◇—◇◇
B. Brandon Bullock III
Chief Operating Officer
◇◇◇—◇—◇◇
Steven Bradford
Senior Vice President, General Counsel and Secretary
◇◇◇—◇—◇◇
Jason Hagedorn
President, Workplace Furnishings
◇◇◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
B. Brandon Bullock IIIPSU◇◇◇—◇—◇
B. Brandon Bullock IIIRSU◇——◇——◇
B. Brandon Bullock IIIRSU◇——◇——◇
B. Brandon Bullock IIIPSU◇◇◇—◇—◇
Jason D. HagedornPSU◇◇◇—◇—◇
Jason D. HagedornPSU◇◇◇—◇—◇
Jason D. HagedornRSU◇——◇——◇
Jason D. HagedornRSU◇——◇——◇
Jeffrey D. LorengerPSU◇◇◇—◇—◇
Jeffrey D. LorengerRSU◇——◇——◇
Steven M. BradfordPSU◇◇◇—◇—◇
Steven M. BradfordRSU◇——◇——◇
Vincent P. Berger IIPSU◇◇◇—◇—◇
Vincent P. Berger IIRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jeffrey LorengerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Vincent Berger IIRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
B. Brandon Bullock IIIRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jason HagedornRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Steven BradfordRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Miguel Calado
Lead independent director
◇◇———◇◇
John R. Hartnett
◇◇———◇◇
Mary Bell
◇◇——◇◇◇
Larry B. Porcellato
◇◇——◇◇◇
Mary Jones
◇◇———◇◇
David Roberts
◇◇———◇◇
Cheryl Francis
◇◇———◇◇
Patrick Hallinan
◇◇———◇◇
Dhanusha Sivajee
◇◇———◇◇
Linda Williams
◇◇————◇
Timothy Brown
◇◇————◇
Abbie Smith
◇—————◇
Jeffrey D. Lorenger served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • A.O. Smith Corporation AOS
  • ACCO Brands Corporation ACCO
  • American Woodmark Corporation AMWD
  • Apogee Enterprises, Inc. APOG
  • Armstrong World Industries, Inc. AWI
  • Donaldson Company, Inc. DCI
  • Hillenbrand, Inc. HI
  • Installed Building Products, Inc. IBP
  • Interface, Inc. TILE
  • JELD-WEN Holding, Inc. JELD
  • Kennametal Inc. KMT
  • La-Z-Boy Incorporated LZB
  • Leggett & Platt, Incorporated LEG
  • Lennox International Inc. LII
  • Masonite International Corporation symbol not shown
  • MasterBrand, Inc. MBC
  • MillerKnoll, Inc. MLKN
  • Pitney Bowes Inc. PBI
  • Regal Rexnord Corporation RRX
  • Steelcase Inc. SCS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 20, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 16, 2024=◇◇◇
2022May 17, 2023=◇◇◇
2021May 26, 2022=◇◇◇
2020May 24, 2021=◇◇◇
2019May 7, 2020=◇◇◇
2018May 8, 2019=◇◇◇
2017May 8, 2018=◇◇◇
2016May 9, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Jeffrey Lorenger (Chairman, President and Chief Executive Officer), FY2025 total compensation $8,218,947 (base salary $1,056,740) [exec_comp, SEC accession 0001140361-26-011104, filed 2026-03-25]

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What this page does not include

Everything above is a fact HNI Corp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where HNI Corp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
324 figures on this page: 314 cited to the filing that reported them, 10 calculated from figures it prints.
314 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001140361-26-022463
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001140361-26-011104
    2025 Grants of Plan Based Awards · 2025 Summary Compensation Table · Non-Employee Director Compensation · Outstanding Equity Awards at 2025 Year End
  3. 0001140361-25-019843
  4. 0001140361-25-008039
    2024 Summary Compensation Table
  5. 0001140361-24-026875
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000048287-23-000174
  7. 0000048287-22-000140
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001628280-21-011291
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000048287-20-000081
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000048287-19-000081
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000048287-18-000131
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000048287-17-000122
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “HNI Corp executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/HNI (accessed 2026).
Short form: data: Velarion

The paid brief for HNI Corp

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
12 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Peers HNI Corp discloses

The companies named in HNI's own disclosed peer group.

A.O. Smith CorporationACCO Brands CorporationAmerican Woodmark CorporationApogee Enterprises, Inc.Armstrong World Industries, Inc.Donaldson Company, Inc.Hillenbrand, Inc.Installed Building Products, Inc.Interface, Inc.JELD-WEN Holding, Inc.Kennametal Inc.La-Z-Boy IncorporatedLeggett & Platt, IncorporatedLennox International Inc.MasterBrand, Inc.MillerKnoll, Inc.Pitney Bowes Inc.Regal Rexnord CorporationSteelcase Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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