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Kimball International Announces Addition to Senior Leadership Team

Proven leader brings extensive transformation and integration experience to drive company growth strategy

/EIN News/ -- JASPER, Ind., May 07, 2019 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ:KBAL) today announced it has appointed Koorosh Sharghi to the newly created position of Vice President, Strategy and Transformation, effective immediately.  He will be responsible for leading the company’s transformational growth strategy and integration efforts. Sharghi will report to Kimball International CEO Kristie Juster and partner with the senior leadership team to deliver on business strategy execution in the Kimball, National and Kimball Hospitality businesses in alignment with Kimball International’s long-term growth strategy.

Vice President, Strategy and Transformation
Koorosh Sharghi


Ms. Juster commented, “I am excited to welcome Koorosh to our executive leadership team in this integral role supporting the execution of our newly announced Kimball International Connect strategy. With his impressive range of experience in business transformation, integration, program leadership, marketing operations, finance and building center-led organizations, I am confident Koorosh will be a key driver for our next chapter of growth.”

“I am honored to be joining Kimball International at this pivotal time in the company’s history,” said Sharghi. “I look forward to working with the leadership and broader team to execute our Purpose-driven, transformational growth strategy.”

Sharghi joins Kimball International with more than 14 years of experience in business transformation, integration, program leadership, finance, operations, digital marketing and marketing operations. Sharghi joins Kimball International from Radio Systems Corporation, a leader in the pet durables industry, where he led the centralization of the global marketing function. Previously, during his five-year tenure at Newell Brands, Sharghi held a variety of senior strategy and operations leadership roles. At Newell Brands, he was instrumental in building center-led functions, leading high-performance, cross-functional teams and driving sustainable transformation.  He also spearheaded value engineering initiatives delivering significant cost savings through more efficient manufacturing processes while improving the consumer experience. Prior to Newell Brands, he held key finance roles at Kimberly-Clark Corporation and Marriott International supporting newly built finance shared services functions.  

Sharghi earned a Bachelor of Business Administration degree in Accounting from Tennessee Wesleyan College.

About Kimball International, Inc.

Kimball International creates design driven, innovative furnishings sold through our family of brands: Kimball, National, and Kimball Hospitality. Our diverse portfolio offers solutions for the workplace, learning, healing, and hospitality environments. Our values and integrity are demonstrated daily by living our Guiding Principles and creating a culture of caring that establishes us as an employer of choice. “We Build Success” by establishing long-term relationships with customers, employees, suppliers, shareowners and the communities in which we operate. For more information, visit us online at www.kimballinternational.com.

Contact:
Lonnie Nicholson
Lonnie.Nicholson@KimballInternational.com
812.482.8928

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c881255f-91c9-4714-b484-9eaff503b371.

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

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Distribution channels: Furniture & Woodworking Industry


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