Leggett & Platt, Incorporated (LEG)

13.09 -0.36 (-2.68%) At close: 04:00PM EDT

Leggett & Platt, Incorporated

No. 1 Leggett Road
Carthage, MO 64836
United States
417 358 8131
https://www.leggett.com

Sector(s): Consumer Cyclical
Industry: Furnishings, Fixtures & Appliances
Full Time Employees: 19,300

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Karl G. Glassman	President, CEO & Chairman	58.3k	N/A	1958
Mr. Benjamin M. Burns	Executive VP & CFO	843.46k	N/A	1978
Mr. J. Mitchell Dolloff	Executive Officer	2.94M	N/A	1966
Mr. J. Tyson Hagale	Executive VP & President of Bedding Products	769.18k	N/A	1978
Ms. Tammy M. Trent	Senior VP & Chief Accounting Officer	N/A	N/A	1966
Mr. Michael W. Blinzler	VP & Chief Information Officer	N/A	N/A	N/A
Ms. Cassie J. Branscum	Vice President of Investor Relations	N/A	N/A	N/A
Ms. Jennifer Joy Davis	Executive VP & General Counsel	N/A	N/A	1976
Ms. Christina A. Ptasinski	Executive Vice President & Chief HR Officer	N/A	N/A	1960
Mr. Charles P. Hutchins	VP & Chief Tax Officer	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, specialty foam chemicals and additives, innersprings, specialty foam for use in bedding and furniture, private label finished mattresses, ready-to-assemble mattress foundations, static foundations, and adjustable beds, as well as machines for producing innersprings; industrial sewing and quilting machines; mattress-packaging; and glue-drying equipment for various industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, E-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems; motors and actuators; cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components for manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. Leggett & Platt, Incorporated was founded in 1883 and is headquartered in Carthage, Missouri.

Corporate Governance

Leggett & Platt, Incorporated’s ISS Governance QualityScore as of October 1, 2024 is 3. The pillar scores are Audit: 4; Board: 4; Shareholder Rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.