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Millerknoll Executive Compensation (FY26)

MLKN · Executive and director compensation, fiscal 2024 to 2026

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Data as of September 12, 2026Latest filing (DEF 14A): August 28, 2026
12 filings cited on this page
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Millerknoll brief$1,500Get the executive brief
296 figures on this page: 286 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Chief executive, fiscal 2026
◇
Andi Owen
Median of the other named officers
$1,918,055
5 officers, excluding the chief executive
Latest say-on-pay support
=
October 13, 2025
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Andi Owen: $6,429,976 → $6,139,932 (4.5% lower)
CEO pay ratio: 88:1 → 93:1 (5.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Millerknoll's chief executive and what were they paid?
Andi Owen, President and Chief Executive Officer, received $6,139,932 in total compensation for fiscal 2026. Compared with the $6,429,976 reported for fiscal 2025, Owen's total was 4.5% lower.
What was Millerknoll's say-on-pay result?
The say-on-pay proposal drew 95.6% of votes cast for or against in favor at the meeting held October 13, 2025 for fiscal 2025.
Which companies are in Millerknoll's peer group?
The disclosed peer group names American Woodmark Corporation, Floor & Decor Holdings, Inc., Fortune Brands Innovations, Inc., HNI Corporation and JELD-WEN Holding, Inc., among others.
What is Millerknoll's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 93:1, against median employee compensation of $65,927.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andi Owen
President and Chief Executive Officer
◇—◇◇——◇◇
Debbie Propst
President, Global Retail
◇—◇◇◇—◇◇
Jeffrey Stutz
COO and President, International
◇—◇◇——◇◇
John Michael
President, North America Contract
◇—◇◇——◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andi Owen
President and Chief Executive Officer
◇—◇—◇—◇◇
Jeffrey Stutz
COO and President, International
◇—◇—◇—◇◇
Debbie Propst
President, Global Retail
◇—◇—◇—◇◇
John Michael
President, North America Contract
◇—◇—◇—◇◇
Christopher Baldwin
Group President, MillerKnoll
◇—◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andi Owen
President and Chief Executive Officer
◇—◇—◇—◇◇
Jeffrey Stutz
COO and President, International
◇—◇—◇—◇◇
John Michael
President, North America Contract
◇—◇—◇—◇◇
Debbie Propst
President, Global Retail
◇—◇—◇—◇◇
Megan Lyon
Chief Strategy and Technology Officer
◇—◇—◇—◇◇
Kevin Veltman
Chief Financial Officer
◇—◇—◇—◇◇
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 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andi R. OwenRSU◇——◇——◇
Andi R. OwenPSU◇—◇◇◇—◇
Debbie F. PropstPSU◇—◇◇◇—◇
Debbie F. PropstRSU◇——◇——◇
Jeffrey M. StutzPSU◇—◇◇◇—◇
Jeffrey M. StutzRSU◇——◇——◇
John P. MichaelPSU◇—◇◇◇—◇
John P. MichaelRSU◇——◇——◇
Kevin J. VeltmanRSU◇——◇——◇
Kevin J. VeltmanPSU◇—◇◇◇—◇
Kevin J. VeltmanRSU◇——◇——◇
Kevin J. VeltmanPSU◇—◇◇◇—◇
Megan C. LyonPSU◇—◇◇◇—◇
Megan C. LyonRSU◇——◇——◇
Fiscal 2025 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 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Megan LyonOption◇—◇07/18/33
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Debbie PropstRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇07/18/33
Jeffrey StutzPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇07/18/33
Andi OwenRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
John MichaelPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇07/18/23
Kevin VeltmanRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇07/18/33
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John R. Hoke III
Board chair
◇◇————◇
Lisa A. Kro
◇◇————◇
Heidi J. Manheimer
◇◇————◇
Michael C. Smith
◇◇————◇
Douglas D. French
◇◇———◇◇
John T. Maeda
◇◇————◇
Michael R. Smith
◇◇————◇
Tina Edekar Edmundson
◇◇————◇
Claire F. Spofford
◇◇————◇
Jeanne K. Gang
◇◇————◇
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◇
Total board retainer◇
Board chair 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 2026
  • American Woodmark Corporation AMWD
  • Floor & Decor Holdings, Inc. FND
  • Fortune Brands Innovations, Inc. FBIN
  • HNI Corporation HNI
  • JELD-WEN Holding, Inc. JELD
  • La-Z-Boy Incorporated LZB
  • Leggett & Platt, Incorporated LEG
  • MasterBrands, Inc. symbol not shown
  • Sleep Number Corporation SNBR
  • Somnigroup International, Inc. SGI
  • Steelcase, Inc. SCS
  • UFP Industries, Inc. UFPI
  • Wayfair, Inc. W
  • Williams-Sonoma, Inc. WSM

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025October 13, 2025=◇◇◇
2023October 14, 2024=◇◇◇
2022October 16, 2023=◇◇◇
2021October 17, 2022=◇◇◇
2020October 11, 2021=◇◇◇
2019October 12, 2020=◇◇◇
2018October 14, 2019=◇◇◇
2017October 8, 2018=◇◇◇
2016October 9, 2017=◇◇◇
2015October 10, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Millerknoll disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Millerknoll 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 — $1,500
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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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.
Velarion Intelligence
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.
296 figures on this page: 286 cited to the filing that reported them, 10 calculated from figures it prints.
286 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000066382-26-000143
    CEO Pay Ratio · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · Summary Compensation Table
  2. 0000066382-25-000117
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0000066382-25-000089
    Summary Compensation Table
  4. 0000066382-24-000093
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000066382-23-000092
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000066382-22-000070
  7. 0000066382-21-000078
  8. 0000066382-20-000063
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000066382-19-000088
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000066382-18-000058
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000066382-17-000067
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000066382-16-000097
    Item 5.07 Submission of Matters to a Vote of Security Holders
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This page is free to cite. Attribution we ask for:
Velarion, “Millerknoll executive compensation, FY2024–FY2026.” https://intel.velarion.ai/comp/MLKN (accessed 2026).
Short form: data: Velarion

The Millerknoll brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
12 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 Millerknoll discloses

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

American Woodmark CorporationFloor & Decor Holdings, Inc.Fortune Brands Innovations, Inc.HNI CorporationJELD-WEN Holding, Inc.La-Z-Boy IncorporatedLeggett & Platt, IncorporatedSleep Number CorporationSomnigroup International, Inc.Steelcase, Inc.UFP Industries, Inc.Wayfair, Inc.Williams-Sonoma, 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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