HNI Corporation (NYSE: HNI) has elected David Roberts, the President and Chief Executive Officer of Verra Mobility Corporation (NASDAQ: VRRM), to its Board of Directors. Mr. Roberts brings 30 years of expertise in technology, innovation, finance, entrepreneurship, strategy, and general management to the board, and will join the Board’s Public Policy and Corporate Governance Committee.
Following Mr. Robert’s election, the Board of Directors of HNI now has eleven directors – ten independent outside directors and the Chief Executive Officer of the Corporation.
HNI Corporation has been improving where people live, work, and gather for more than 75 years. The company operates under two segments: the Workplace Furnishings segment and the Residential Building Products segment. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, while the Residential Building Products segment is the nation's leading manufacturer and marketer of hearth products.
For more information about HNI Corporation, visit the Corporation's website at www.hnicorp.com. Following these announcements, the company's shares moved -1.8%, and are now trading at a price of $43.89. For more information, read the company's full 8-K submission here.