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Steelcase Announces Appointment of Linda Williams to Board of Directors

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Steelcase (NYSE: SCS) announced the appointment of Linda Williams to its Board of Directors. Williams, currently the Chief Audit Executive and Vice President of Enterprise Risk Management at Hewlett Packard Enterprise (NYSE: HPE), brings over 20 years of finance and risk management experience. Her expertise includes cybersecurity, financial management in global environments, and leading major transformation initiatives. Steelcase aims to enhance its board's diversity and skills to better serve its shareholders. The company's FY 2020 revenue was $3.7 billion.

Positive
  • Appointment of Linda Williams expected to enhance board diversity and expertise.
  • Williams' experience in leading transformations could provide valuable insights.
  • Focus on diversity, equity, and inclusion aligns with modern corporate values.
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GRAND RAPIDS, Mich., Sept. 22, 2020 (GLOBE NEWSWIRE) -- Steelcase (NYSE: SCS) today announced Linda Williams has been appointed to its Board of Directors. Williams currently serves as the Chief Audit Executive and Vice President of Enterprise Risk Management of Hewlett Packard Enterprise (NYSE: HPE), global provider of technology solutions and services spanning edge to cloud.

“We are delighted to welcome Linda to the Steelcase Board,” said Rob Pew, Chair of the Steelcase Board of Directors. “Linda is an accomplished financial executive with more than 20 years of experience with expertise in cybersecurity and enterprise risk management. In addition, her passion for advancing diversity, equity and inclusion in the workplace will bring a keen perspective and insights to the Board.”

The Steelcase Board continuously evaluates its composition to ensure it encompasses the requisite knowledge, experience, skills and diversity to deliver the best value to shareholders.

A multi-faceted financial executive, Williams has been a CFO for multiple billion-dollar divisions within HPE and has a demonstrated track record in leading successful large-scale transformation initiatives, optimizing financial management processes in complex, global business environments and executing M&A transactions across domestic and global markets. She also drives the global development and engagement strategy for the HPE Finance organization. Williams leads a Women’s Development Program at HPE, served as the executive sponsor for its International Women’s Day Event and is a frequent speaker at several forums including the HPE International Pride Event and other global women’s events.

“I am thrilled to become a part of the Steelcase Board of Directors,” said Williams. “For more than a century, Steelcase has helped the world’s leading organizations create workplaces and experiences that enable employees do their best work and inspire. I am impressed with company’s commitment to drive sustainable social, economic and environmental change through its decisions and actions – doing what’s best for its people and our communities.”

ABOUT STEELCASE INC.

For over 108 years, Steelcase Inc. has helped create great experiences for the world’s leading organizations, across industries. We demonstrate this through our family of brands – including Steelcase®, Coalesse®, Designtex®, Turnstone®, Smith System®, Orangebox® and AMQ®. Together, they offer a comprehensive portfolio of architecture, furniture and technology products and services designed to unlock human promise and support social, economic, and environmental sustainability. We are globally accessible through a network of channels, including over 800 Steelcase dealer locations. Steelcase is a global, industry-leading, and publicly traded company with fiscal 2020 revenue of $3.7 billion.

 CONTACT:Media Contact:
 Katie Woodruff
 Corporate Communications
 (616) 915 - 8505

FAQ

What is the significance of Linda Williams' appointment to Steelcase's board?

Linda Williams' appointment is aimed at enhancing board diversity and bringing her extensive expertise in finance and risk management to improve decision-making at Steelcase.

How will Linda Williams' experience benefit Steelcase?

Her background in cybersecurity, enterprise risk management, and leading large-scale transformation initiatives may provide Steelcase with valuable insights for navigating complex business challenges.

What is Steelcase's revenue for fiscal year 2020?

Steelcase reported a revenue of $3.7 billion for fiscal year 2020.

What role does Linda Williams currently hold before joining Steelcase?

Before joining Steelcase, Linda Williams served as the Chief Audit Executive and Vice President of Enterprise Risk Management at Hewlett Packard Enterprise.

Steelcase, Inc.

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Furnishings, Fixtures & Appliances
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