Andi Owen
Taylor Morrison HomeAbout Andi Owen
Andrea (Andi) Owen, age 59, has served as an independent director of Taylor Morrison Home Corporation since July 2018. She is the CEO and a director of MillerKnoll, Inc. (formerly Herman Miller, Inc.), a global modern design company, and previously held senior executive roles at Gap Inc., including Global President of Banana Republic (2014–2017) and EVP/GM of Gap Global Outlet (2010–2014). She holds a B.A. from the College of William & Mary, completed Harvard Business School’s Advanced Management Program, and Harvard’s “Women on Boards: Succeeding as a Corporate Director” course . Her board tenure is 7 years as of 2025, and she is classified as independent under NYSE rules .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| MillerKnoll, Inc. (formerly Herman Miller, Inc.) | CEO and Director | CEO since Aug 2018; joined Herman Miller in 2018 as President & CEO | Leads ~10,200 employees and ~$3.6B revenue; focus on design thinking, sustainability, workplace belonging |
| Gap Inc. | Global President, Banana Republic | 2014–2017 | Led brand transformation and operations |
| Gap Inc. | EVP/GM, Gap Global Outlet | 2010–2014 | Ran global outlet operations |
External Roles
| Organization | Role | Tenure/Status | Notes |
|---|---|---|---|
| HAY ApS | Chair of the Board | Current | Danish design brand within MillerKnoll ecosystem |
| National Association of Manufacturers | Director | Current | Industry advocacy board role |
| Right Place, Inc.; Business Leaders for Michigan; MillerKnoll Foundation | Member | Current | Community and economic development engagement |
Board Governance
- Independence: Owen is affirmatively determined independent; TMHC’s board has a majority of independent directors and all standing committees are fully independent .
- Committee assignments: Member, Compensation Committee (Chair: Anne L. Mariucci; other members: Peter Lane, Andrea Owen) .
- Attendance: In 2024, no incumbent director attended fewer than 75% of aggregate board and committee meetings; the board met six times, and all serving directors attended the 2024 annual meeting .
- Lead independent director and executive sessions: Peter Lane serves as Lead Independent Director; independent directors meet at least quarterly without management and hold executive sessions with each regular board meeting .
- Governance policies: Majority voting with director resignation policy in uncontested elections; over-boarding policy; mandatory retirement age 72; anti-hedging policy; single class of stock; quarterly independent director sessions .
Fixed Compensation (Director)
| Component (2024) | Amount ($) | Notes |
|---|---|---|
| Annual cash retainer | 85,000 | Non-employee director base retainer |
| Committee membership retainer | 12,000 | Compensation Committee member fee |
| Total cash fees paid (Owen) | 97,000 | Sum of base + committee fee |
| Additional chair fees | — | Not applicable; Owen is not a committee chair |
| Lead Independent Director premium | — | Not applicable to Owen |
| Meeting fees | — | Not disclosed |
Performance Compensation (Director Equity)
| Grant | Grant Date | Type | Shares/Units (#) | Grant-Date Price ($/sh) | Fair Value ($) | Vesting |
|---|---|---|---|---|---|---|
| Annual director award | May 23, 2024 | DSUs (elected deferral) | 3,075 | 56.91 | 174,998 | Vests in full on earlier of 1-year or next annual meeting; settlement in shares at separation/change-in-control per plan |
| Director equity program policy | — | RSUs/DSUs | — | — | 175,000 per director | Annual equity award for non-employee directors to align interests; number of units based on closing price at grant |
| Deferred Compensation Plan | Ongoing | DSUs for deferred equity/cash | — | Closing price on deferral date | — | DSUs from cash deferral fully vested on grant; equity DSUs mirror RSU vesting; settle at separation or change-in-control |
Other Directorships & Interlocks
| Entity | Role | Potential Interlock/Conflict | Disclosure |
|---|---|---|---|
| MillerKnoll, Inc. | CEO and Director | Customer/supplier overlap with TMHC not disclosed | No related party transactions involving Owen disclosed; audit committee reviews any related person transactions under policy |
| HAY ApS | Chair | No disclosed overlap | No related party transactions disclosed |
| NAM | Director | Policy/program influence only | Not a TMHC transaction |
Expertise & Qualifications
- Executive leadership, consumer products, and marketing expertise from CEO role and Gap leadership; global experience and sustainability orientation highlighted in director biography .
- Board governance familiarity through current public-company leadership and external boards .
- Human capital and operations insight relevant to TMHC’s labor, supply chain, and customer experience frameworks .
Equity Ownership
| Holder | Beneficial Ownership (as of Mar 31, 2025) | % of Outstanding | Composition | Vested vs. Unvested |
|---|---|---|---|---|
| Andrea Owen | 35,501 shares/units | <1% | DSUs counted as beneficial ownership within 60 days; no options reported | 3,075 DSUs unvested scheduled to vest May 22, 2025; remainder vested |
| Director stock ownership guideline | Own ≥5x annual base cash retainer | — | Applies to non-employee directors | As of Dec 31, 2024, all non-employee directors either met or are on track within five years of election |
| Hedging/Pledging | Hedging/shorting prohibited | — | Securities trading policy prohibits hedging and short sales; margin/calls not permitted | Company policy summarized in 10-K exhibit |
Insider Trades and Section 16 Compliance
| Item | Status | Notes |
|---|---|---|
| Section 16(a) filings (2024) | No delinquencies reported for Owen | Company disclosed certain late filings for four individuals in 2024 and one Form 3 late in 2025; Owen not listed among late filers |
Governance Assessment
- Strengths: Independence, active Compensation Committee role, strong attendance, and alignment via meaningful equity grants and stock ownership guidelines; robust clawback policies and anti-hedging; majority voting with resignation policy enhances accountability .
- Investor sentiment signal: 96% say-on-pay support at 2024 annual meeting, reflecting positive shareholder alignment with compensation practices overseen by the Compensation Committee .
- Consultant independence: Compensation Committee retains independent advisor (Semler Brossy) with no conflicts; supports governance quality in pay decisions .
- Potential watchpoints: External CEO commitments may raise workload considerations, mitigated by TMHC over-boarding policy and strong attendance disclosures; no related party transactions involving Owen reported .
- RED FLAGS: None disclosed regarding attendance shortfalls, related-party transactions, hedging/pledging, option repricing, or tax gross-ups; all standing committees fully independent .