Leggett & Platt, Incorporated

BOVESPA:L1EG34 Stock Report

Market Cap: R$7.1b

Leggett & Platt Management

Management criteria checks 1/4

Leggett & Platt's CEO is Karl Glassman, appointed in May 2024, has a tenure of 23.33 years. total yearly compensation is $9.87M, comprised of 7.9% salary and 92.1% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth R$78.18M. The average tenure of the management team and the board of directors is 1.9 years and 9 years respectively.

Key information

Karl Glassman

Chief executive officer

US$9.9m

Total compensation

CEO salary percentage7.9%
CEO tenure1yr
CEO ownership1.1%
Management average tenure1.9yrs
Board average tenure9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Karl Glassman's remuneration changed compared to Leggett & Platt's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$512m

Dec 31 2024US$10mUS$785k

-US$511m

Sep 30 2024n/an/a

-US$823m

Jun 30 2024n/an/a

-US$815m

Mar 31 2024n/an/a

-US$159m

Dec 31 2023US$2mUS$257k

-US$137m

Sep 30 2023n/an/a

US$213m

Jun 30 2023n/an/a

US$232m

Mar 31 2023n/an/a

US$273m

Dec 31 2022US$3mUS$750k

US$310m

Sep 30 2022n/an/a

US$363m

Jun 30 2022n/an/a

US$388m

Mar 31 2022n/an/a

US$405m

Dec 31 2021US$9mUS$1m

US$402m

Sep 30 2021n/an/a

US$405m

Jun 30 2021n/an/a

US$415m

Mar 31 2021n/an/a

US$296m

Dec 31 2020US$9mUS$1m

US$253m

Sep 30 2020n/an/a

US$232m

Jun 30 2020n/an/a

US$224m

Mar 31 2020n/an/a

US$317m

Dec 31 2019US$10mUS$1m

US$314m

Sep 30 2019n/an/a

US$300m

Jun 30 2019n/an/a

US$290m

Mar 31 2019n/an/a

US$289m

Dec 31 2018US$11mUS$1m

US$306m

Compensation vs Market: Karl's total compensation ($USD9.87M) is above average for companies of similar size in the BR market ($USD698.38K).

Compensation vs Earnings: Karl's compensation has increased whilst the company is unprofitable.

CEO

Karl Glassman (66 yo)

1yr

Tenure

US$9,872,920

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

NamePositionTenureCompensationOwnership
Karl Glassman
President1yrUS$9.87m1.1%
R$ 78.2m
Benjamin Burns
Executive VP & CFO1.9yrsUS$1.78m0.10%
R$ 7.3m
Jennifer Davis
Executive VP & General Counsel1.3yrsUS$1.37m0.060%
R$ 4.3m
J. Dolloff
Executive Officer1yrUS$5.72m0.19%
R$ 13.8m
J. Hagale
Executive VP & President of Bedding Products3.8yrsUS$1.82m0.10%
R$ 7.2m
Robert Smith
EVP, President of the Furniture5.3yrsUS$1.46m0.071%
R$ 5.1m
Tammy Trent
Senior VP & Chief Accounting Officer10yrsno data0.067%
R$ 4.8m
J. Young
VP & Chief Information Officer1.3yrsno datano data
Cassie Branscum
Vice President of Investor Relationsno datano datano data
Lindsey Odaffer
Executive VP & Chief Human Resources Officerless than a yearno data0.040%
R$ 2.8m
Charles Hutchins
VP & Chief Tax Officer5.4yrsno datano data
Ryan Kleiboeker
Executive VP & Chief Strategic Planning Officer1.9yrsno data0.061%
R$ 4.4m

1.9yrs

Average Tenure

52yo

Average Age

Experienced Management: L1EG34's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Karl Glassman
President23.3yrsUS$9.87m1.1%
R$ 78.2m
Manuel Fernandez
Independent Director11.3yrsUS$297.27k0.057%
R$ 4.1m
Joseph McClanathan
Independent Director20.3yrsUS$347.11k0.072%
R$ 5.1m
Phoebe Wood
Independent Director19.5yrsUS$312.80k0.059%
R$ 4.2m
Mark Blinn
Independent Director6yrsUS$286.70k0.024%
R$ 1.7m
Mary Elizabeth Campbell
Independent Director5.5yrsUS$309.23k0.0069%
R$ 490.5k
Robert Brunner
Independent Lead Director16yrsUS$382.75k0.018%
R$ 1.3m
Jai Shah
Independent Director6yrsUS$336.81k0.0028%
R$ 202.1k
Srikanth Padmanabhan
Independent Director6.8yrsUS$285.70k0.041%
R$ 2.9m
Angela Barbee
Independent Director3.2yrsUS$289.96k0.015%
R$ 1.1m

9.0yrs

Average Tenure

64yo

Average Age

Experienced Board: L1EG34's board of directors are considered experienced (9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/06 17:31
End of Day Share Price 2025/04/28 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Leggett & Platt, Incorporated is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel MooreCJS Securities, Inc.
Susan MaklariCredit Suisse
Susan MaklariGoldman Sachs