Jeffrey Lorenger - HNI President Office Furniture, HNI Corporation

HO9 Stock  EUR 50.50  1.00  1.94%   

President

Mr. Jeffrey D. Lorenger is President, Chief Executive Officer, Director Company. He joined HNI Corporation in 1998 and has since held multiple executive level positions, including Vice President, Sales and Marketing for The HON Company, Vice President, General Counsel and Secretary for HNI Corporationrationration, and Vice President, Seating for Allsteel since 2018.
Age 57
Tenure 6 years
Professional MarksMBA
Phone563 272 7400
Webhttps://www.hnicorp.com
Lorenger holds Bachelor of Business Administration, MBA, and Juris Doctorate degrees from the University of Iowa. He served as Vice President, General Counsel and Secretary HNI Corporationrationrationration; Vice President, Sales and Marketing The HON Company. joined HNI Corporationration in 1998 and has held multiple executive level positions including most recently serving as President, Office Furniture, beginning June 2017; President, Contract Furniture, from 2014 to June 2017; and President, Allsteel from 2008 to 2014. He has also held positions as Vice President, Sales and Marketing, The HON Company; and Vice President, General Counsel and Secretary for HNI Corporationrationrationration.

Jeffrey Lorenger Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jeffrey Lorenger against HNI stock is an integral part of due diligence when investing in HNI. Jeffrey Lorenger insider activity provides valuable insight into whether HNI is net buyers or sellers over its current business cycle. Note, HNI insiders must abide by specific rules, including filing SEC forms every time they buy or sell HNI'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

HNI Management Efficiency

The company has return on total asset (ROA) of 0.0551 % which means that it generated a profit of $0.0551 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2053 %, meaning that it generated $0.2053 on every $100 dollars invested by stockholders. HNI's management efficiency ratios could be used to measure how well HNI manages its routine affairs as well as how well it operates its assets and liabilities.
HNI Corporation has accumulated 188.8 M in total debt with debt to equity ratio (D/E) of 69.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. HNI Corporation has a current ratio of 1.27, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist HNI until it has trouble settling it off, either with new capital or with free cash flow. So, HNI's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HNI Corporation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HNI to invest in growth at high rates of return. When we think about HNI's use of debt, we should always consider it together with cash and equity.
HNI Corporation manufactures and sells office furniture and hearth products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, Singapore, and Taiwan. HNI Corporation was incorporated in 1944 and is headquartered in Muscatine, Iowa. HNI operates under Business Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8700 people. HNI Corporation (HO9) is traded on Frankfurt Exchange in Germany and employs 25 people.

Management Performance

HNI Corporation Leadership Team

Elected by the shareholders, the HNI's board of directors comprises two types of representatives: HNI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HNI. The board's role is to monitor HNI's management team and ensure that shareholders' interests are well served. HNI's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HNI's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey Lorenger, President Office Furniture, HNI Corporation
Matthew CFA, VP Devel
Julie Abramowski, Vice President Corporate Controller
Jason Hagedorn, Pres Inc
Marshall Bridges, CFO, Vice President
Vincent Berger, President - Hearth & Home Technologies Group
Jack Herring, VP Treasurer
Steven Bradford, Senior Vice President General Counsel, Secretary
Radhakrishna Rao, VP Officer
Brandon III, Pres Company

HNI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is HNI a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in HNI Stock

HNI financial ratios help investors to determine whether HNI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HNI with respect to the benefits of owning HNI security.