Millerknoll (MLKN) executive compensation, 2026 proxy

Andi R. Owen, (Former) President and CEO, was paid $6.1M in fiscal 2026, down 5% from $6.4M the year before. The CEO-to-median-employee pay ratio was 93:1, on median employee pay of $65,927.

Filed
August 28, 2026
Annual meeting
October 12, 2026
Pay year
fiscal 2026
Named executives
6
CEO total pay
$6.1M-5% vs prior year
CEO to median employee
93:1median $65,927
CEO pay in equity
68%$4.2M in awards
Prior say-on-pay support
96%of votes cast
CEO salary
$1,121,538Fiscal 2026
CEO target cash bonus
$1,401,923Annual incentive plan
CEO PSU target value
$2,225,025Performance stock units
CEO aircraft use
$58,922Personal-use incremental cost

How Owen was paid

$6.1M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary18%Stock awards68%Non-equity incentive12%All other compensation2%

Named executive officers

ExecutiveTotal
Andi R. Owen(Former) President and CEO$6,139,932
Kevin J. VeltmanCFO$1,186,297
Jeffrey M. StutzCOO and President, International (Former CFO)$2,170,785
John P. MichaelPresident, North America Contract$1,979,383
Debbie F. PropstPresident, Global Retail$1,918,055
Megan C. Lyon(Former) Chief Strategy and Technology Officer$1,730,998

What changed and why

  • $6.1M$6,139,932 was CEO total compensation in fiscal 2026, down from $6,429,976 in fiscal 2025.
  • $4.2M$4,174,091 was CEO stock-award value, alongside $709,513 in non-equity incentive compensation.
  • Operating Earnings, As Adjusted, determined fiscal 2026 annual incentive payouts.
  • $65,92793-to-1 was the CEO-to-median-employee pay ratio, based on median employee compensation of $65,927.
  • 200%200% of target was the maximum annual incentive payout and overall PSU attainment.
  • 96%96% of votes cast supported the prior year’s say-on-pay proposal.

Other Millerknoll proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.