HNI CEO Stan Askren's 2018 pay rises 12% to $4.6M

HNI reports 2018 executive compensation

By ExecPay News

Published: March 21, 2019

HNI reported fiscal year 2018 executive compensation information on March 21, 2019.
In 2018, six HNI executives received on average a compensation package of $2M, a 18% increase compared to previous year.
Average pay of disclosed executives at HNI
Stan A. Askren, Chief Executive Officer, received $4.6M in total, which increased by 12% compared to 2017. 49% of Askren's compensation, or $2.3M, was in option awards. Askren also received $9.9K in bonus, $992K in non-equity incentive plan, $1.2M in salary, as well as $147K in other compensation.
Jeffrey D. Lorenger, Chief Executive Officer, received a compensation package of $2.7M, which increased by 85% compared to previous year. 49% of the compensation package, or $1.3M, was in option awards.
Kurt A. Tjaden, President, HNI International Senior Vice President, HNI Corporation, earned $1.4M in 2018, a 3% decrease compared to previous year.
Vincent P. Berger, President, Hearth & Home Technologies Executive Vice President, HNI Corporation, received $1.3M in 2018, which increases by 31% compared to 2017.
Marshall H. Bridges, Chief Financial Officer, earned $1.1M in 2018, a 30% increase compared to previous year.
Brandon T. Sieben, President, Allsteel, received $998K in 2018.
HNI's fiscal year ends on December 28.

Related executives

Jeffrey Lorenger

HNI

Chief Executive Officer

Stan Askren

HNI

Chief Executive Officer

Marshall Bridges

HNI

Chief Financial Officer

Vincent Berger

HNI

President, Hearth & Home Technologies Executive Vice President, HNI Corporation

Brandon Sieben

HNI

President, Allsteel

Kurt Tjaden

HNI

President, HNI International Senior Vice President, HNI Corporation

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Source: SEC filing on March 21, 2019.