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Leggett & Platt, Incorporated (LEG)

NYSE - Nasdaq Real Time Price. Currency in USD
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34.62-0.56 (-1.59%)
As of 12:44PM EST. Market open.

Leggett & Platt, Incorporated

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

Sector(s)Consumer Cyclical
IndustryFurnishings, Fixtures & Appliances
Full Time Employees20,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Karl G. GlassmanExec. Chairman3.17M3.28M1958
Mr. J. Mitchell DolloffCEO, Pres & Director1.76MN/A1966
Mr. Jeffrey L. TateExec. VP & CFO1.15MN/A1970
Mr. Scott S. DouglasSr. VP, Gen. Counsel & Sec.962.74kN/A1960
Mr. Steven K. HendersonExec. VP and Pres of Specialized Products & Furniture, Flooring & Textile Products1.06MN/A1962
Ms. Tammy M. TrentSr. VP & Chief Accounting OfficerN/AN/A1966
Mr. Michael W. BlinzlerVP & Chief Information OfficerN/AN/AN/A
Ms. Susan R. McCoySr. VP of Investor RelationsN/AN/A1966
Ms. Christina A. PtasinskiSr. VP & Chief HR OfficerN/AN/A1960
Mr. Benjamin M. BurnsSr. VP of Bus. Support ServicesN/AN/A1978
Amounts are as of December 31, 2021 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 markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress 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, and 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 OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to 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. The company was founded in 1883 and is based in Carthage, Missouri.

Corporate Governance

Leggett & Platt, Incorporated’s ISS Governance QualityScore as of October 1, 2022 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 3; 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.