HNI Corporation Appoints New Chief Financial Officer
HNI (NYSE: HNI) announced a leadership change in its financial department. Marshall H. Bridges will retire as Senior Vice President and Chief Financial Officer (CFO) on December 28, 2024. The Board of Directors has appointed Vincent Paul (VP) Berger II as Executive Vice President (EVP) and CFO, effective December 29, 2024.
Berger, 52, has been with HNI for 27 years and currently serves as EVP and President of Hearth and Home Technologies. He is a certified public accountant with over 30 years of experience in finance, operations, and leadership roles. After retirement, Bridges will continue part-time, assisting with strategic projects focused on artificial intelligence.
Jeff Lorenger, Chairman, President, and CEO, expressed confidence in Berger's appointment, citing his comprehensive understanding of the residential building products segment and deep knowledge of HNI's business.
HNI (NYSE: HNI) ha annunciato un cambio di leadership nel suo dipartimento finanziario. Marshall H. Bridges andrà in pensione come Vicepresidente senior e Direttore finanziario (CFO) il 28 dicembre 2024. Il Consiglio di Amministrazione ha nominato Vincent Paul (VP) Berger II come Vicepresidente esecutivo (EVP) e CFO, con decorrenza dal 29 dicembre 2024.
Berger, 52 anni, è in HNI da 27 anni e attualmente ricopre il ruolo di EVP e Presidente di Hearth and Home Technologies. È un commercialista abilitato con oltre 30 anni di esperienza in finanza, operazioni e ruoli di leadership. Dopo il ritiro, Bridges continuerà a lavorare part-time, assistendo con progetti strategici focalizzati sull'intelligenza artificiale.
Jeff Lorenger, Presidente, Amministratore delegato e CEO, ha espresso fiducia nella nomina di Berger, citando la sua comprensione completa del segmento dei prodotti edilizi residenziali e la sua profonda conoscenza dell'azienda HNI.
HNI (NYSE: HNI) anunció un cambio de liderazgo en su departamento financiero. Marshall H. Bridges se jubilará como Vicepresidente Senior y Director Financiero (CFO) el 28 de diciembre de 2024. La Junta Directiva ha nombrado a Vincent Paul (VP) Berger II como Vicepresidente Ejecutivo (EVP) y CFO, con efecto a partir del 29 de diciembre de 2024.
Berger, de 52 años, ha estado con HNI durante 27 años y actualmente se desempeña como EVP y Presidente de Hearth and Home Technologies. Es un contador público certificado con más de 30 años de experiencia en finanzas, operaciones y roles de liderazgo. Después de su jubilación, Bridges continuará trabajando a tiempo parcial, ayudando con proyectos estratégicos enfocados en inteligencia artificial.
Jeff Lorenger, Presidente, y CEO, expresó confianza en el nombramiento de Berger, citando su comprensión integral del segmento de productos de construcción residencial y su profundo conocimiento del negocio de HNI.
HNI (NYSE: HNI)는 재무 부서의 리더십 변화를 발표했습니다. Marshall H. Bridges는 2024년 12월 28일에 수석 부사장 및 CFO(최고재무 책임자)로서 은퇴할 예정입니다. 이사회는 Vincent Paul (VP) Berger II를 2024년 12월 29일부터 발효되는 EVP(전무이사) 및 CFO로 임명했습니다.
버거는 52세로 HNI에서 27년 동안 근무했으며 현재 Hearth and Home Technologies의 EVP 및 사장으로 재직 중입니다. 그는 30년 이상의 재무, 운영 및 리더십 역할 경험을 보유한 공인 회계사입니다. 은퇴 후 Bridges는 인공지능에 중점을 둔 전략적 프로젝트 지원을 위해 파트타임으로 계속 일할 예정입니다.
Jeff Lorenger, 회장, 사장 및 CEO는 버거의 임명에 대한 신뢰를 표시하며, 주거용 건축 제품 분야에 대한 그의 포괄적인 이해와 HNI 비즈니스에 대한 깊은 지식을 언급했습니다.
HNI (NYSE: HNI) a annoncé un changement de direction au sein de son département financier. Marshall H. Bridges prendra sa retraite en tant que Vice-Président Senior et Directeur Financier (CFO) le 28 décembre 2024. Le Conseil d'Administration a nommé Vincent Paul (VP) Berger II en tant que Vice-Président Exécutif (EVP) et CFO, à compter du 29 décembre 2024.
Berger, âgé de 52 ans, travaille chez HNI depuis 27 ans et occupe actuellement les fonctions d'EVP et Président de Hearth and Home Technologies. Il est comptable agréé et possède plus de 30 ans d'expérience dans le domaine de la finance, des opérations et des postes de direction. Après sa retraite, Bridges continuera à travailler à temps partiel, en aidant des projets stratégiques axés sur l'intelligence artificielle.
Jeff Lorenger, Président, Administrateur et CEO, a exprimé sa confiance dans la nomination de Berger, évoquant sa compréhension approfondie du segment des produits de construction résidentielle et ses connaissances approfondies de l'activité HNI.
HNI (NYSE: HNI) gab einen Führungswechsel in seiner Finanzabteilung bekannt. Marshall H. Bridges wird am 28. Dezember 2024 als Senior Vice President und Chief Financial Officer (CFO) in den Ruhestand gehen. Der Vorstand hat Vincent Paul (VP) Berger II mit Wirkung zum 29. Dezember 2024 zum Executive Vice President (EVP) und CFO ernannt.
Berger, 52, ist seit 27 Jahren bei HNI und ist derzeit EVP sowie Präsident von Hearth and Home Technologies. Er ist ein zertifizierter Buchhalter und verfügt über mehr als 30 Jahre Erfahrung in den Bereichen Finanzen, Betrieb und Führungspositionen. Nach seinem Ruhestand wird Bridges weiterhin Teilzeit arbeiten und bei strategischen Projekten unterstützen, die sich auf künstliche Intelligenz konzentrieren.
Jeff Lorenger, Vorsitzender, Präsident und CEO, äußerte sich zuversichtlich über Bergers Ernennung und verwies auf sein umfassendes Verständnis des Marktes für Wohnbauprodukte und sein tiefes Wissen über das Geschäft von HNI.
- Smooth leadership transition with an experienced internal candidate
- New CFO has 27 years of experience within the company
- Retiring CFO will continue part-time on strategic AI projects
- Potential loss of institutional knowledge with CFO retirement
On October 1, 2024, the Board of Directors appointed Vincent Paul (VP) Berger II as Executive Vice President (EVP) and CFO, effective December 29, 2024. Mr. Berger, age 52, is a 27-year HNI member, serving as EVP and President of Hearth and Home Technologies since 2016. Mr. Berger is a certified public accountant and an experienced business executive with more than 30 years of experience in various finance, operational, and leadership roles.
Following his retirement from full-time employment, Mr. Bridges will continue in a part-time role assisting the Corporation with strategic projects focused in the area of artificial intelligence.
“On behalf of the Board of Directors and the HNI team, I want to thank Marshall for his many contributions to the Corporation over the last 23 years,” said Jeff Lorenger, Chairman, President, and Chief Executive Officer. “Marshall has played an instrumental role in our success.”
“It gives me great confidence to know that VP, a long-time HNI colleague and seasoned senior leader, is stepping into this role,” said Mr. Lorenger. “Not only does he have a comprehensive understanding of the residential building products segment and deep knowledge of our business, he also is passionate about our people and culture. We are fortunate that with VP our CFO transition will be seamless.”
About HNI Corporation
HNI Corporation (NYSE: HNI) has been improving where people live, work, and gather for more than 75 years. HNI is a manufacturer of workplace furnishings and residential building products, operating under two segments. The Workplace Furnishings segment is a leading global designer and provider of commercial furnishings, going to market under multiple unique brands. The Residential Building Products segment is the nation's leading manufacturer and marketer of hearth products, which include a full array of gas, electric, wood, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. More information can be found on the Corporation's website at www.hnicorp.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241002579599/en/
Matthew S. McCall, Vice President, Investor Relations, and Corporate Development (563 275 8898)
Source: HNI Corporation
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