Kimball International Consolidates Manufacturing Operations and Centralizes Corporate Business Practices
January 13 2020 - 1:00PM
Kimball International, Inc. (NASDAQ: KBAL) will consolidate its
manufacturing operations and implement a company-wide approach to
all corporate business practices including legal, compliance, and
Environmental, Social and Governance (ESG). This plan is designed
to enable the Kimball International Connect Strategy through
increasing value across our business units and the enterprise.
We created two new roles to support these changes. Greg Meunier
has been promoted to Executive Vice President, Kimball
International Global Operations and Mark Johnson will join the
company as Chief Legal, Governance Officer and Corporate
Secretary.
“We are streamlining manufacturing for all of our brands into
one world-class, global operations group,” said Kristie Juster,
Kimball International CEO. “Greg’s deep experience, gained over the
course of his 31-year tenure with the company, is an incredible
asset in this transition. His knowledge and expertise will guide
the team to set new standards in quality assurance, efficiency and
productivity.”
The Global Operations team will include manufacturing, supply
chain, engineering, logistics, R&D, safety, and environmental.
“I’m excited about the opportunity to leverage our manufacturing
strengths across the organization,” said Meunier. “We are committed
to providing high quality products and service to our customers and
our new structure provides an even greater opportunity to deliver
on that promise.”
To lead the corporate business practices and legal affairs,
Kimball International recruited Johnson, who was previously Deputy
General Counsel at Newell Brands Inc. Johnson’s role will support
the company’s shift to a centralized structure and the Kimball
International Connect strategy; he will also develop company-wide
Environmental, Social and Governance policies.
“Our center-led structure requires a strategic approach to legal
and compliance matters, as well as expertise in ESG practices,”
said Juster. “We’re committed to further strengthening our
corporate sustainability and social impact initiatives, and Mark’s
leadership and experience with other publicly traded companies will
catapult our efforts in these areas.”
About Kimball International, Inc.
For over 65 years, Kimball International has created design
driven furnishings that have helped our customers shape spaces into
places, bringing possibility to life by enabling collaboration,
discovery, wellness and relaxation. We go to market through our
family of brands: Kimball, National, Kimball Hospitality, David
Edward and D’style by Kimball Hospitality. Our values and high
integrity are demonstrated daily by living our Purpose and Guiding
Principles that establish us as an employer of choice. We
build success by growing long-term relationships with customers,
employees, suppliers, shareholders and the communities in which we
operate. In fiscal 2019, the Company generated $768 million in
revenue and employed over 3,000 people. For more information, visit
us online at www.kimballinternational.com.
additional information contact:Lonnie NicholsonTelephone
812.482.1600Lonnie.Nicholson@KimballInternational.com
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