The estimated Net Worth of Michael A Volkema is at least $2.07 Milión dollars as of 29 April 2021. Mr. Volkema owns over 6,140 units of Herman Miller stock worth over $800,974 and over the last 21 years he sold MLHR stock worth over $970,631. In addition, he makes $300,000 as Non-Executive Independent Chairman of the Board at Herman Miller.
Michael has made over 12 trades of the Herman Miller stock since 2005, according to the Form 4 filled with the SEC. Most recently he exercised 6,140 units of MLHR stock worth $238,969 on 29 April 2021.
The largest trade he's ever made was exercising 43,090 units of Herman Miller stock on 8 March 2021 worth over $952,289. On average, Michael trades about 1,263 units every 38 days since 2003. As of 29 April 2021 he still owns at least 20,580 units of Herman Miller stock.
You can see the complete history of Mr. Volkema stock trades at the bottom of the page.
Michael (Mike) A. Volkema serves as Non-Executive Independent Chairman of the Board of the Company. Mr. Volkema has been Chairman of the Board of Directors of Herman Miller, Inc. since 2000, serving as non-executive Chairman since 2004. He also served as CEO and President of the company from 1995 to 2004. Mr. Volkema has more than thirty years of experience as a senior executive in the home and office furnishings industry. This experience includes corporate leadership, branded marketing, international operations, and public company finance and accounting through audit committee service. Mr. Volkema is a key contributor to the Board based upon his knowledge of the company's history and culture, operational experience, board governance knowledge, service on boards of other publicly held companies and industry experience.
As the Non-Executive Independent Chairman of the Board of Herman Miller, the total compensation of Michael Volkema at Herman Miller is $300,000. There are 7 executives at Herman Miller getting paid more, with Andrea Owen having the highest compensation of $4,658,460.
Michael Volkema is 64, he's been the Non-Executive Independent Chairman of the Board of Herman Miller since 2019. There are 3 older and 20 younger executives at Herman Miller. The oldest executive at Herman Miller Inc. is Mary Andringa, 70, who is the Independent Director.
Over the last 21 years, insiders at Herman Miller have traded over $41,046,581 worth of Herman Miller stock and bought 56,700 units worth $1,275,803 . The most active insiders traders include David Brandon, Brian C Walker a Mike C. Smith. On average, Herman Miller executives and independent directors trade stock every 13 days with the average trade being worth of $468,441. The most recent stock trade was executed by Christopher M Baldwin on 1 November 2021, trading 2,736 units of MLHR stock currently worth $106,485.
Herman Miller is a globally recognized leader in design. Since its inception in 1905, the company's innovative, problem-solving designs and furnishings have inspired the best in people wherever they live, work, learn, heal, and play. In 2018, Herman Miller created Herman Miller Group, a purposefully selected, complementary family of brands that includes Colebrook Bosson Saunders, Design Within Reach, Geiger, HAY, Maars Living Walls, Maharam, naughtone, and Nemschoff. Guided by a shared purpose-design for the good of humankind-Herman Miller Group shapes places that matter for customers while contributing to a more equitable and sustainable future for all.
Herman Miller executives and other stock owners filed with the SEC include: