Leggett & Platt Management
Management criteria checks 4/4
Leggett & Platt's CEO is Karl Glassman, appointed in May 2024, has a tenure of less than a year. directly owns 0.88% of the company’s shares, worth R$82.23M. The average tenure of the management team and the board of directors is 2.3 years and 8.5 years respectively.
Key information
Karl Glassman
Chief executive officer
US$368.3k
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 0.9% |
| Management average tenure | 2.3yrs |
| Board average tenure | 8.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$823m |
| Jun 30 2024 | n/a | n/a | -US$815m |
| Mar 31 2024 | n/a | n/a | -US$159m |
| Dec 31 2023 | US$368k | n/a | -US$137m |
| Sep 30 2023 | n/a | n/a | US$213m |
| Jun 30 2023 | n/a | n/a | US$232m |
| Mar 31 2023 | n/a | n/a | US$273m |
| Dec 31 2022 | US$3m | US$750k | US$310m |
| Sep 30 2022 | n/a | n/a | US$363m |
| Jun 30 2022 | n/a | n/a | US$388m |
| Mar 31 2022 | n/a | n/a | US$405m |
| Dec 31 2021 | US$9m | US$1m | US$402m |
| Sep 30 2021 | n/a | n/a | US$405m |
| Jun 30 2021 | n/a | n/a | US$415m |
| Mar 31 2021 | n/a | n/a | US$296m |
| Dec 31 2020 | US$9m | US$1m | US$253m |
| Sep 30 2020 | n/a | n/a | US$232m |
| Jun 30 2020 | n/a | n/a | US$224m |
| Mar 31 2020 | n/a | n/a | US$317m |
| Dec 31 2019 | US$10m | US$1m | US$314m |
| Sep 30 2019 | n/a | n/a | US$300m |
| Jun 30 2019 | n/a | n/a | US$290m |
| Mar 31 2019 | n/a | n/a | US$289m |
| Dec 31 2018 | US$11m | US$1m | US$306m |
| Sep 30 2018 | n/a | n/a | US$289m |
| Jun 30 2018 | n/a | n/a | US$283m |
| Mar 31 2018 | n/a | n/a | US$285m |
| Dec 31 2017 | US$7m | US$1m | US$294m |
Compensation vs Market: Karl's total compensation ($USD368.30K) is below average for companies of similar size in the BR market ($USD690.65K).
Compensation vs Earnings: Karl's compensation has been consistent with company performance over the past year.
CEO
Karl Glassman (66 yo)
less than a year
Tenure
US$368,300
Compensation
Mr. Karl G. Glassman served as Executive Chairman at Leggett & Platt, Incorporated since January 01, 2022 and served as its May 04, 2023 and serves as its Chairman of the Board since May 04, 2023 and also...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$368.30k | 0.88% R$ 82.2m | |
| Executive VP & CFO | 1.4yrs | US$1.09m | 0.064% R$ 6.0m | |
| Executive Officer | less than a year | US$7.35m | 0.40% R$ 37.4m | |
| Executive VP & President of Bedding Products | 3.3yrs | US$1.72m | 0.063% R$ 5.9m | |
| Senior VP & Chief Accounting Officer | 9.5yrs | no data | 0.047% R$ 4.4m | |
| VP & Chief Information Officer | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP & General Counsel | less than a year | no data | 0.021% R$ 2.0m | |
| Executive Vice President & Chief HR Officer | 3.8yrs | no data | 0.025% R$ 2.3m | |
| VP & Chief Tax Officer | 4.9yrs | no data | no data | |
| VP & Chief Credit Officer | 4.9yrs | no data | no data | |
| Executive VP & Chief Strategic Planning Officer | 1.4yrs | no data | 0.037% R$ 3.4m |
2.3yrs
Average Tenure
53yo
Average Age
Experienced Management: L1EG34's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 22.8yrs | US$368.30k | 0.88% R$ 82.2m | |
| Independent Director | 10.8yrs | US$331.99k | 0.050% R$ 4.7m | |
| Independent Director | 19.8yrs | US$352.45k | 0.052% R$ 4.9m | |
| Independent Director | 19yrs | US$324.50k | 0.047% R$ 4.4m | |
| Independent Director | 5.5yrs | US$287.77k | 0.024% R$ 2.2m | |
| Independent Director | 5yrs | US$326.32k | 0.0069% R$ 644.8k | |
| Independent Lead Director | 15.5yrs | US$457.82k | 0.016% R$ 1.5m | |
| Independent Director | 5.5yrs | US$359.51k | 0.0028% R$ 265.0k | |
| Independent Director | 6.3yrs | US$286.77k | 0.029% R$ 2.7m | |
| Independent Director | 2.7yrs | US$284.49k | 0.0029% R$ 270.6k |
8.5yrs
Average Tenure
64yo
Average Age
Experienced Board: L1EG34's board of directors are considered experienced (8.5 years average tenure).