HNI Corporation Announces New Chairman of Board of Directors

MUSCATINE, Iowa–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) announced today the retirement of
Stan A. Askren from its Board of Directors effective December 31, 2018
and the election of Larry B. Porcellato to assume the role of Chairman
of its Board of Directors effective January 1, 2019. This transition is
part of a long-planned succession process. Mr. Askren retired as
President and Chief Executive Officer of HNI Corporation earlier this
year. Mr. Porcellato has been a member of HNI’s Board of Directors since
2004 and currently serves as Lead Director.

About HNI Corporation

HNI Corporation is a NYSE traded company (ticker symbol: HNI) providing
products and solutions for the home and workplace environments. HNI
Corporation is a leading global office furniture manufacturer and is the
nation’s leading manufacturer of hearth products. The Corporation’s
strong brands have leading positions in their markets. More information
can be found on the Corporation’s website at www.hnicorp.com.


HNI Corporation
Marshall H. Bridges, 563-272-7400
Vice President and Chief Financial Officer
Jack D. Herring,
Treasurer, Director of Finance and Investor Relations


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