Miller Herman CEO Andi Owen's 2022 pay falls 22% to $5M
Miller Herman reports 2022 executive compensation
By ExecPay News
Published: September 2, 2022
Miller Herman reported fiscal year 2022 executive compensation information on September 2, 2022.
In 2022, five executives at Miller Herman received on average a compensation package of $2.3M, a 30% decrease compared to previous year.
Average pay of disclosed executives at Miller Herman
Andi R. Owen, Chief Executive Officer, received $5M in total, which decreased by 22% compared to 2021. 28% of Owen's compensation, or $1.4M, was in stock awards. Owen also received $1.3M in non-equity incentive plan, $867K in option awards, $1.1M in salary, as well as $336K in other compensation.
For fiscal year 2022, the median employee pay was $44,810 at Miller Herman. Therefore, the ratio of Andi R. Owen's pay to the median employee pay was 111 to one.
Christopher M. Baldwin, Group President, received a compensation package of $2.2M. 56% of the compensation package, or $1.2M, was in bonus.
Jeffrey M. Stutz, Chief Financial Officer, earned $1.6M in 2022, a 16% decrease compared to previous year.
Debbie F. Propst, President, Global Retail, received $1.6M in 2022, which decreases by 8% compared to 2021.
John P. Michael, President, Americas Contract, earned $1.4M in 2022.
Miller Herman's fiscal year ends on May 28.
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Source: SEC filing on September 2, 2022.