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MillerKnoll Announces New COO for Growth Strategy

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MillerKnoll Announces New COO for Growth Strategy

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MillerKnoll ( (MLKN) ) just unveiled an announcement.

MillerKnoll announced significant leadership changes to drive its growth and innovation strategy. Jeffrey M. Stutz has been appointed as Chief Operating Officer, effective September 8, 2025, while John R. Hoke III will become the new non-executive Chair of the Board of Directors, effective October 13, 2025. These appointments aim to enhance the company’s operational capabilities and design-driven brand management, with Stutz focusing on international contract business and global manufacturing, and Hoke bringing extensive design expertise from his tenure at Nike. The changes are expected to support MillerKnoll’s strategy of leveraging its global network and design brands to meet customer needs.

The most recent analyst rating on (MLKN) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on MillerKnoll stock, see the MLKN Stock Forecast page.

Spark’s Take on MLKN Stock

According to Spark, TipRanks’ AI Analyst, MLKN is a Neutral.

MillerKnoll’s overall stock score is primarily influenced by its financial performance challenges, including negative profitability and declining free cash flow. However, positive technical indicators and a favorable earnings call outlook, with strong order growth and strategic expansion plans, provide some optimism. The valuation is less attractive due to a negative P/E ratio, although the dividend yield offers some compensation.

To see Spark’s full report on MLKN stock, click here.

More about MillerKnoll

MillerKnoll is a global collective of design brands, including Herman Miller and Knoll, known for furniture and accessories for commercial and residential spaces. The company focuses on design innovation and operational excellence, generating net sales of $3.7 billion in fiscal year 2025.

Average Trading Volume: 464,789

Technical Sentiment Signal: Hold

Current Market Cap: $1.44B

Learn more about MLKN stock on TipRanks’ Stock Analysis page.

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