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 OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer
On February 6, 2018, the Compensation Committee of the Knoll, Inc. Board of Directors (and the Board of Directors in the case of Mr. Cogan) approved and authorized 2017 non-equity incentive payments to the following individuals:
|
Andrew B. Cogan, President and Chief Executive Officer |
$612,000 |
|
Charles W. Rayfield, Senior Vice President and Chief Financial Officer |
$180,000 |
|
Joseph T. Coppola, Former Chief Operating Officer |
$210,000 |
|
David L. Schutte, Executive Vice President – Specialty Businesses |
$210,000 |
|
Benjamin A. Pardo, Executive Vice President – Director of Design |
$150,000 |
The above amounts were awarded under the Knoll, Inc. 2017 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.