Knoll, Inc. (NYSE:KNL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officer
Inc. Board of Directors (and the Board of Directors in the case
of Mr. Cogan) approved and authorized the following 2016
non-equity incentive payments to the following individuals:
|
Andrew B. Cogan, President and Chief Executive Officer
|
$1,200,000
|
|
|
Craig B. Spray, Senior Vice President and Chief
Financial Officer |
$425,000
|
|
|
Joseph T. Coppola, Chief Operating Officer
|
$425,000
|
|
|
Benjamin A. Pardo, Executive Vice President – Design
|
$300,000
|
Incentive Compensation Program.
About Knoll, Inc. (NYSE:KNL)
Knoll, Inc. is a designer and manufacturer of furnishings, textiles and leather for the workplace and home. The Company operates through three segments: Office, Studio and Coverings. The Office segment includes systems, seating, storage, tables, desks and KnollExtra ergonomic accessories, as well as the international sales of its North American Office products. The Studio segment includes its KnollStudio division, the Company’s European subsidiaries, which primarily sell KnollStudio products, Richard Schultz Design and Holly Hunt Enterprises, Inc. The KnollStudio portfolio includes a range of lounge seating, side, cafe and dining chairs, and barstools. The Coverings segment includes KnollTextiles, Spinneybeck (including Filzfelt), and Edelman Leather. It offers a portfolio of furniture, textiles and leathers across five product categories: office systems; office seating; files and storage; desks, casegoods and tables, and specialty products. Knoll, Inc. (NYSE:KNL) Recent Trading Information
Knoll, Inc. (NYSE:KNL) closed its last trading session down -3.83 at 23.23 with 2,494,835 shares trading hands.
