La-Z-Boy Management
Management criteria checks 3/4
La-Z-Boy's CEO is Melinda Whittington, appointed in Apr 2021, has a tenure of 5.25 years. total yearly compensation is $7.30M, comprised of 14.6% salary and 85.4% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth €13.73M. The average tenure of the management team and the board of directors is 5.3 years and 5.3 years respectively.
Key information
Melinda Whittington
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 14.57% |
| CEO tenure | 5.3yrs |
| CEO ownership | 1.0% |
| Management average tenure | 5.3yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 25 2026 | US$7m | US$1m | US$102m |
| Jan 24 2026 | n/a | n/a | US$84m |
| Oct 25 2025 | n/a | n/a | US$90m |
| Jul 26 2025 | n/a | n/a | US$92m |
| Apr 26 2025 | US$7m | US$1m | US$100m |
| Jan 25 2025 | n/a | n/a | US$124m |
| Oct 26 2024 | n/a | n/a | US$124m |
| Jul 27 2024 | n/a | n/a | US$121m |
| Apr 27 2024 | US$6m | US$982k | US$123m |
| Jan 27 2024 | n/a | n/a | US$118m |
| Oct 28 2023 | n/a | n/a | US$121m |
| Jul 29 2023 | n/a | n/a | US$140m |
| Apr 29 2023 | US$6m | US$942k | US$151m |
| Jan 28 2023 | n/a | n/a | US$174m |
| Oct 29 2022 | n/a | n/a | US$170m |
| Jul 30 2022 | n/a | n/a | US$164m |
| Apr 30 2022 | US$6m | US$913k | US$150m |
| Jan 22 2022 | n/a | n/a | US$130m |
| Oct 23 2021 | n/a | n/a | US$131m |
| Jul 24 2021 | n/a | n/a | US$126m |
| Apr 24 2021 | US$2m | US$487k | US$106m |
| Jan 23 2021 | n/a | n/a | US$71m |
| Oct 24 2020 | n/a | n/a | US$76m |
| Jul 25 2020 | n/a | n/a | US$64m |
| Apr 25 2020 | US$2m | US$528k | US$77m |
Compensation vs Market: Melinda's total compensation ($USD7.30M) is above average for companies of similar size in the German market ($USD1.81M).
Compensation vs Earnings: Melinda's compensation has been consistent with company performance over the past year.
CEO
Melinda Whittington (58 yo)
Ms. Melinda D. Whittington, C.P.A., serves as President, Chief Executive Officer and Director of La-Z-Boy Incorporated since April 25, 2021 and has been its Board Chair and served as its Chairman of the Bo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$7.30m | 0.98% € 13.7m | |
| Senior VP & CFO | 1.5yrs | US$1.70m | 0.093% € 1.3m | |
| President of Wholesale Brands | 7.3yrs | US$1.54m | 0.16% € 2.2m | |
| President of Retail | 5.5yrs | US$1.60m | 0.16% € 2.2m | |
| Senior VP & Chief Supply Chain Officer | 4.6yrs | US$1.47m | 0.12% € 1.6m | |
| VP, Corporate Controller & Chief Accounting Officer | 5.3yrs | no data | 0.041% € 566.9k | |
| VP & Chief Information Officer | 4.1yrs | no data | 0.092% € 1.3m | |
| Director of Investor Relations & Corporate Development | no data | no data | no data | |
| VP, Chief Compliance Officer | 7.3yrs | US$1.01m | 0.13% € 1.8m | |
| VP & Chief Human Resources Officer | 7.9yrs | no data | 0.14% € 2.0m | |
| VP, Deputy General Counsel & Corporate Secretary | 5.3yrs | no data | no data |
Experienced Management: LAZ's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$7.30m | 0.98% € 13.7m | |
| Independent Director | 5.4yrs | US$34.64k | 0.024% € 337.5k | |
| Independent Director | 9.9yrs | US$280.68k | 0.021% € 295.2k | |
| Independent Director | less than a year | US$138.72k | no data | |
| Independent Director | 17.4yrs | US$316.29k | 0% € 0 | |
| Independent Director | 12.9yrs | US$291.91k | 0.021% € 295.2k | |
| Independent Director | 9.9yrs | US$37.78k | 0.021% € 295.2k | |
| Independent Lead Director | 3.4yrs | US$255.21k | 0.014% € 200.1k | |
| Independent Director | 6.9yrs | US$267.09k | 0.021% € 295.2k | |
| Independent Director | 3.1yrs | US$243.39k | 0.012% € 160.9k | |
| Director | 1.5yrs | US$244.78k | 0% € 0 | |
| Independent Director | 4.8yrs | US$245.64k | 0.030% € 412.8k |
Experienced Board: LAZ's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/20 06:39 |
| End of Day Share Price | 2026/07/17 00:00 |
| Earnings | 2026/04/25 |
| Annual Earnings | 2026/04/25 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Analyst Sources
La-Z-Boy Incorporated is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristine Koerber | Barrington Research Associates, Inc. |
| Bradley Thomas | KeyBanc Capital Markets Inc. |
| Mark Rupe | Longbow Research LLC |