Leggett & Platt, Incorporated (LEG)

31.05 +0.05 (+0.15%) As of 01:24PM EDT. 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
Industry: Furnishings, Fixtures & Appliances
Full Time Employees: 19,900

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Karl G. Glassman	Exec. Chairman	3.17M	3.28M	1958
Mr. J. Mitchell Dolloff	CEO, Pres & Director	1.76M	N/A	1966
Mr. Jeffrey L. Tate	Exec. VP & CFO	1.15M	N/A	1970
Mr. Scott S. Douglas	Sr. VP, Gen. Counsel & Sec.	962.74k	N/A	1960
Mr. Steven K. Henderson	Exec. VP and Pres of Specialized Products & Furniture, Flooring & Textile Products	1.06M	N/A	1962
Ms. Tammy M. Trent	Sr. VP & Chief Accounting Officer	N/A	N/A	1966
Mr. Michael W. Blinzler	VP & Chief Information Officer	N/A	N/A	N/A
Ms. Susan R. McCoy	Sr. VP of Investor Relations	N/A	N/A	1966
Ms. Christina A. Ptasinski	Exec. VP & Chief HR Officer	N/A	N/A	1960
Mr. Benjamin M. Burns	Exec. VP of Bus. Support Services	N/A	N/A	1978

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; 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 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 March 1, 2023 is 1. The pillar scores are Audit: 1; Board: 3; 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.