MillerKnoll Welcomes Claire Spofford to Its Board of Directors for Strategic Growth

MillerKnoll Brings Retail Expertise to the Board

In a significant move, MillerKnoll (NASDAQ: MLKN), known for its emphasis on growth and innovation within the industrial and consumer sectors, has welcomed Claire Spofford to its Board of Directors. With an impressive career spanning over 30 years, Spofford is poised to bring her extensive retail knowledge and strategic insights to the table. Her experience includes serving as President and CEO of J. Jill, where she played a pivotal role in revitalizing the brand, enhancing margins, and aligning the business for sustained growth.

Spofford's appointment comes at an exciting time for MillerKnoll, a company that has continually sought to innovate within the design and furniture industries. Andi Owen, the CEO of MillerKnoll, expressed confidence in her capabilities, highlighting her unique blend of consumer insight, retail strategy, and governance experience. Owen emphasized the importance of having directors like Spofford as MillerKnoll aims to enhance its portfolio of brands and push forward with its global growth objectives.

Before her tenure at J. Jill, Spofford held leadership positions at notable companies such as Cornerstone Brands and Garnet Hill. During her time at Cornerstone, she successfully transitioned the company into a digitally-driven platform, thus bridging the gap between e-commerce and physical retail spaces. At Garnet Hill, her revitalization efforts focused on the brand's digital presence, thus ensuring it retained its premium status and loyal clientele.

In her own words, Spofford expressed her enthusiasm for joining MillerKnoll's Board, emphasizing her commitment to supporting the company's growth strategy. She is particularly thrilled about MillerKnoll's potential in both consumer retail and workplace contract segments. Spofford stated, "It is an exciting time for the company and I look forward to building upon the brand's legacy of innovation and design."

With Claire Spofford’s addition, the MillerKnoll Board of Directors expands to eleven members, with the majority being independent directors. This strategic enhancement not only strengthens the board but also aligns with MillerKnoll's vision of advancing into its next growth phase.

MillerKnoll, which emerged from the union of Herman Miller and Knoll, consists of a diverse portfolio of design brands. It is committed to a mission of creating value through designs that positively impact human interaction within spaces. In the past fiscal year, the company reported impressive net sales of $3.7 billion, a figure indicative of its growth trajectory.

As MillerKnoll seeks to adapt and innovate in a rapidly changing market landscape, Spofford’s expertise will likely be a cornerstone of the company's strategy moving forward. This appointment underscores the firm's proactive approach to governance and leadership as it strives to make a lasting impact in both the industrial and consumer sectors. With seasoned professionals like Spofford in its ranks, MillerKnoll is well-positioned to navigate future challenges and capitalize on emerging opportunities in the world of design and retail.