Steelcase Names Armbruster CEO, as Keane Announces Retirement
Steelcase president and CEO Jim Keane announced on April 19 that he will retire on January 7 next year, after 25 years with the company. He will remain president and CEO until October 4, at which time he will become vice chair and serve in that role until his retirement from the company. Keane will be replaced by Sara Armbruster, who has been appointed executive vice president and a member of the Steelcase board of directors. She will take over as president and CEO on October 4, the first woman to lead the company in its 109-year history. Keane, 61, felt it was the right time to retire, after more than a quarter of a century with the company. “I have never been more excited about the future of Steelcase, Still, after 25 years, it’s the right time for me to move forward, and with the crisis ending, the recovery …
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