HNI Corp Executive Compensation (FY25)
HNI · Executive and director compensation, fiscal 2023 to 2025
The paid brief on 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 $1,200 for the board report; $2,400 for both.
Data as of September 7, 2026Latest filing (8-K): May 21, 2026
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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254 figures on this page: 244 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.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jeffrey Lorenger Chairman, President and Chief Executive Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Jeffrey Lorenger Chairman, President and Chief Executive Officer | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| B. Brandon Bullock III | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| B. Brandon Bullock III | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| B. Brandon Bullock III | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| B. Brandon Bullock III | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jason D. Hagedorn | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jason D. Hagedorn | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jason D. Hagedorn | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jason D. Hagedorn | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jeffrey D. Lorenger | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jeffrey D. Lorenger | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Steven M. Bradford | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Steven M. Bradford | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Vincent P. Berger II | PSU | ◇ | — | — | ◇ | — | — | ◇ |
| Vincent P. Berger II | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| B. Brandon Bullock III | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Jeffrey Lorenger | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| Vincent Berger II | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Jason Hagedorn | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Steven Bradford | Option | ◇ | — | ◇ | — |
| Option | ◇ | — | ◇ | — | |
| RSU | ◇ | ◇ | — | — | |
| 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 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Timothy Brown | ◇ | ◇ | — | — | — | — | ◇ |
Linda Williams | ◇ | ◇ | — | — | — | — | ◇ |
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 | ◇ |
| Lead independent director premium | ◇ |
| Audit committee 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 DOOR
- 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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 20, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 15, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 16, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 17, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 24, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 7, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 8, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 8, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 9, 2017 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
254 figures on this page: 244 cited to the filing that reported them, 10 calculated from figures it prints.
244 cited to the filing
10 calculated from the filing
Documents cited
- 0001140361-26-022463Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-26-0111042025 Grants of Plan Based Awards · 2025 Summary Compensation Table · Director Compensation for 2025 · Non-Employee Director Compensation · and 1 more section
- 0001140361-25-019843
- 0001140361-25-0080392024 Summary Compensation Table · Summary Compensation Table
- 0001140361-24-026875Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001140361-24-0141322023 Summary Compensation Table · Summary Compensation Table
- 0000048287-23-000174
- 0000048287-22-000140Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001628280-21-011291Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000048287-20-000081Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000048287-19-000081Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000048287-18-000131Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000048287-17-000122Item 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, FY2023–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 $1,200 for the board report; $2,400 for both.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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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
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}
}