HNI Corporation Announces Realignment of Executive Responsibilities
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505 Ford Ave.
Muscatine, IA, 52761
Press release date: November 17, 2006
MUSCATINE, Iowa-- HNI Corporation (NYSE:HNI) announced today, Eric Jungbluth has been named President, The HON Company. In addition, Eric continues as Executive Vice President for HNI Corporation. Eric was previously President of Allsteel Inc.
Dave Burdakin will continue in his role as Executive Vice President for HNI Corporation, with a focus on strategic profit growth initiatives for the total corporation. In addition, Dave will have oversight for the Maxon and Paoli businesses. Dave was previously President of The HON Company.
Stan Askren, Chairman, President and CEO, HNI Corporation, will fill the role of President, Allsteel Inc. until a successor is named.
HNI Corporation is a NYSE traded company providing products and solutions for the home and workplace environments. HNI Corporation is the second largest office furniture manufacturer in the world and is also the nation's leading manufacturer and marketer of gas- and wood-burning fireplaces. The Corporation's strong brands, including HON®, Allsteel®, Gunlocke®, Paoli®, Lamex®, Heatilator®, Heat & GloTM, and Quadra-Fire®, have leading positions in their markets. HNI Corporation is committed to maintaining its long-standing corporate values of integrity, financial soundness and a culture of service and responsiveness. By doing so, in 2006 the Corporation was recognized by Fortune Magazine as one of America's Most Admired Companies in the furniture industry, and was recognized by Forbes Magazine for the eighth consecutive year as one of the 400 Best Big Companies in America. In 2006, the Corporation was recognized by Industry Week as one of the 50 Best Manufacturing Companies for the fourth consecutive year. HNI Corporation's common stock is traded on the New York Stock Exchange under the symbol HNI. More information can be found on the Corporation's website at www.hnicorp.com
Jerald K. Dittmer,
Vice President and CFO,
Melinda C. Ellsworth,
Vice President, Treasurer and Investor Relations,