SCS Steelcase Inc. Class A

Sara Armbruster becomes Steelcase President and Chief Executive Officer

Sara Armbruster becomes Steelcase President and Chief Executive Officer

Armbruster is the 10th CEO in the 109-year history of Steelcase

GRAND RAPIDS, Mich., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) announced today has succeeded Jim Keane as president and chief executive officer. Keane, who his plan to retire in January 2022, will continue at Steelcase as vice chair until his retirement from the company.

Armbruster brings more than two decades of experience in corporate strategy and business innovation. Since joining Steelcase in 2007, she has held global executive leadership roles in multiple businesses, including Steelcase Education, Steelcase Health and PolyVision Corporation. Armbruster has a proven track record of delivering growth and innovation through strategic, results-oriented leadership. Her diverse responsibilities have included leading information technology, global design research, new business initiatives and the company’s global COVID crisis response team.

“Sara’s leadership and experience in user-centered design clearly make her the ideal choice to lead Steelcase as CEO,” said Rob Pew, Steelcase Board Chair. “Sara has an uncanny ability to see around corners, which is just what our customers need as they explore the many ways work and workplaces have changed in the past two years. She will build on the strong foundation established by Jim Keane to lead an exemplary, global management team into the next era of Steelcase.”

“I am honored to guide Steelcase into this next chapter,” said Armbruster. “Organizations are exploring the new ways work is happening, and we’re at the center of those discussions. We believe the office continues to be critical to culture and innovation — and we believe better is possible. We’re delighted to help our customers improve their experience with work no matter where, or how, that happens.”

As CEO, Armbruster will focus on global growth strategies designed to meet evolving customer needs and will continue the company’s long legacy of excellence in environmental, social and governance issues. Steelcase recently released its which shares progress made against goals in each of these areas, along with the company’s vision to use business as a force for good.

“There is an incredible energy within our organization,” said Armbruster. “We’re united in purpose, focused on our strategic vision and well positioned to serve our customers around the world. I can’t think of a more compelling time to step into the role of CEO.”

About Steelcase

Organizations around the world trust Steelcase to help them create places that help people work better, be inspired and accomplish more. The company designs, manufactures and partners with other leading organizations to provide architecture, furniture and technology solutions – accessible through a network of channels, including over 800 Steelcase dealer locations. Steelcase is a global, industry-leading and publicly traded company with fiscal year 2021 revenue of $2.6 billion. For more information, visit .

A photo accompanying this announcement is available at

Contact:
Katie Woodruff
Corporate Communications
(616) 915 - 8505



EN
04/10/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Steelcase Inc. Class A

 PRESS RELEASE

Steelcase Reports Second Quarter Fiscal 2026 Results

Steelcase Reports Second Quarter Fiscal 2026 Results Revenue grew 5% compared to prior year, led by strong growth from large corporate customers in the Americas and from the India market in InternationalGross margin of 34.4% was approximately flat compared to prior year despite higher tariff and restructuring costsOrders grew 6% compared to prior year, led by continued growth from large corporate customers in the Americas GRAND RAPIDS, Mich., Sept. 24, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $897.1 million, net income of $35.0 million,...

 PRESS RELEASE

Steelcase to Webcast Second Quarter Fiscal 2026 Conference Call

Steelcase to Webcast Second Quarter Fiscal 2026 Conference Call GRAND RAPIDS, Mich., Sept. 12, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2026 financial results on Thursday, September 25, 2025 at 8:30 a.m. ET. A link to the webcast will be available at and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, September 24, 2025, after the market closes.  About Steelcase Inc.  Steelcase (NYSE: SCS) is a global design...

 PRESS RELEASE

Steelcase Reports First Quarter Fiscal 2026 Results

Steelcase Reports First Quarter Fiscal 2026 Results Revenue grew 7% compared to prior year, driven by 9% broad-based growth in the AmericasGross margin of 33.9% represented an improvement of 170 basis points compared to prior yearOperating income increased 45% compared to prior yearOrder growth from large corporate customers continued, offset by declines from government and education customers GRAND RAPIDS, Mich., June 25, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $779.0 million, net income of $13.6 million, or $0.11 per share, and adjust...

 PRESS RELEASE

Steelcase to Webcast First Quarter Fiscal 2026 Conference Call

Steelcase to Webcast First Quarter Fiscal 2026 Conference Call GRAND RAPIDS, Mich., June 05, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2026 financial results on Thursday, June 26, 2025 at 8:30 a.m. ET. A link to the webcast will be available at and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, June 25, 2025, after the market closes.  Steelcase Inc. will hold its Annual Meeting of Shareholders on Wednesday, Ju...

Moody's Ratings upgrades Steelcase's CFR to Ba1; outlook is stable

Moody's Ratings (Moody's) upgraded Steelcase Inc.'s (Steelcase) ratings including its Corporate Family Rating (CFR) to Ba1 from Ba2, Probability of Default Rating (PDR) to Ba1-PD from Ba2-PD, and the rating on the company's senior unsecured notes due 2029 to Ba2 from Ba3. The company's speculative g...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch