Kimball International Announces Executive Changes
October 05 2020 - 4:01PM
Kimball International, Inc. (NASDAQ: KBAL) today announced the
following leadership changes in the Company’s Finance and Corporate
Business Practices functions effective October 19, 2020.
Michelle Schroeder informed the Company of her decision to step
back from her role as Chief Financial Officer for personal reasons
but will remain a senior leader at Kimball International, with
responsibilities in governance, SEC compliance, and investor
relations. Michelle, who has been with Kimball International for 32
years, will be joining Mark Johnson, Chief Legal, Governance
Officer and Corporate Secretary, in building the Company’s
recently-formed Corporate Business Practices function. “Michelle
has led the build out of a center-led Finance function and has been
instrumental in the development of the Kimball International
Connect 2.0 strategy. We are pleased to support Michelle
and to be able to leverage her diverse background and deep
knowledge of the Company in this new role,” said Kristie Juster,
CEO.
Timothy (T.J.) Wolfe was named to succeed Michelle as Chief
Financial Officer. T.J. is a proven Finance leader with
experience in global consumer branded organizations. He has more
than two decades of experience, including expertise enacting large
scale organizational transformation, as well as managing
integration and strategic planning activities. Most recently T.J.
served as Vice President, Chief Financial Officer of the Great
Britain Unit of Coca-Cola European Partners. His early career in
public accounting and subsequent roles of increasing scope and
responsibility have shown him to be a strategic and operational
finance leader and business partner.
“We are delighted that T.J. will be joining our executive team
at such an important time in our Company’s history.
Throughout his career, T.J. has demonstrated the ability to
streamline and integrate financial operations while successfully
moving strategic initiatives forward. His experience will
play a pivotal role in supporting our recently announced Connect
2.0 strategy,” said Ms. Juster.
About Kimball International, Inc.
For 70 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, Kimball Health, National, Etc. by
National, Kimball Hospitality, 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 year 2020,
the Company generated $728 million in revenue and employed over
2,800 people. For more information, visit us online at
www.kimballinternational.com.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7bdd11e1-7939-4d95-9d8d-b1c9c7364574
For additional information contact:1600 Royal
Street Jasper, IN 47549 Lonnie Nicholson Telephone
812.482.1600Lonnie.Nicholson@KimballInternational.com
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