HNI Corporation Appoints New CFO

By Bobby Samwell • Thursday, October 03 10:40 • Permanent Link

HNI Corporation (NYSE: HNI) recently announced changes in its executive leadership, with the appointment of Vincent Paul Berger II as the new Executive Vice President (EVP) and Chief Financial Officer (CFO), effective December 29, 2024. Berger, aged 52, brings with him 27 years of experience at HNI, having served as EVP and President of Hearth and Home Technologies since 2016. He is a certified public accountant and a seasoned business executive with over 30 years of experience in finance, operational, and leadership roles.

Marshall H. Bridges, the current Senior Vice President and CFO, has notified the corporation of his decision to retire, effective December 28, 2024. Following his retirement from full-time employment, Mr. Bridges will continue in a part-time role assisting the Corporation with strategic projects focused on artificial intelligence.

Jeff Lorenger, Chairman, President, and Chief Executive Officer of HNI Corporation, expressed gratitude for Marshall's contributions over the last 23 years and expressed confidence in Vincent Berger's ability to seamlessly transition into the role of CFO, citing his comprehensive understanding of the residential building products segment and deep knowledge of the business.

HNI Corporation, a manufacturer of workplace furnishings and residential building products, operates under two segments. 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.

These changes in the executive leadership of HNI Corporation mark a significant transition for the company, with Vincent Paul Berger II set to take on the role of CFO as the corporation looks to continue its operations and growth in the workplace furnishings and residential building products sectors. Following these announcements, the company's shares moved -0.7%, and are now trading at a price of $52.52. For more information, read the company's full 8-K submission here.

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