Leggett & Platt Management
Management criteria checks 3/4
Leggett & Platt's CEO is Karl Glassman, appointed in May 2024, has a tenure of 1.83 years. total yearly compensation is $9.87M, comprised of 7.9% salary and 92.1% bonuses, including company stock and options. directly owns 1.28% of the company’s shares, worth $19.55M. The average tenure of the management team and the board of directors is 2.5 years and 12.2 years respectively.
Key information
Karl Glassman
Chief executive officer
US$9.9m
Total compensation
| CEO salary percentage | 7.95% |
| CEO tenure | 1.8yrs |
| CEO ownership | 1.3% |
| Management average tenure | 2.5yrs |
| Board average tenure | 12.2yrs |
Recent management updates
Recent updates
Leggett & Platt: This Cigar Butt Doesn't Offer Enough Puffs (Downgrade)
Feb 13These 4 Measures Indicate That Leggett & Platt (NYSE:LEG) Is Using Debt Extensively
Sep 03
We Like Leggett & Platt's (NYSE:LEG) Earnings For More Than Just Statutory Profit
Aug 08Leggett & Platt (NYSE:LEG) Is Paying Out A Dividend Of $0.05
May 11Revenues Not Telling The Story For Leggett & Platt, Incorporated (NYSE:LEG) After Shares Rise 33%
May 05Leggett & Platt, Incorporated Just Beat EPS By 7.3%: Here's What Analysts Think Will Happen Next
May 01Why I'm Not Jumping Into Leggett & Platt After Q1 Earnings
Apr 29
Cost Reductions And Product Innovation Will Drive 2025 Transformation
Restructuring and automation efforts are poised to enhance margins and profitability by reducing costs and optimizing processes.Leggett & Platt, Incorporated's (NYSE:LEG) Shares May Have Run Too Fast Too Soon
Mar 17Is It Too Late To Consider Buying Leggett & Platt, Incorporated (NYSE:LEG)?
Feb 27Leggett & Platt: Financial Improvements, New Cash Coming, And Quite Cheap
Feb 19These 4 Measures Indicate That Leggett & Platt (NYSE:LEG) Is Using Debt Extensively
Feb 13The Returns At Leggett & Platt (NYSE:LEG) Aren't Growing
Jan 28Is There An Opportunity With Leggett & Platt, Incorporated's (NYSE:LEG) 47% Undervaluation?
Jan 10Leggett: A Long-Term Player That's Also Relatively Inexpensive
Dec 27Leggett & Platt, Incorporated's (NYSE:LEG) Share Price Could Signal Some Risk
Dec 10Leggett & Platt: A Fair Company At A Wonderful Price
Nov 07Leggett & Platt: Low Valuation Not Enough To Offset Challenges
Oct 29We Think Leggett & Platt (NYSE:LEG) Is Taking Some Risk With Its Debt
Oct 23Leggett & Platt: Not Yet Low Enough
Oct 21Should You Think About Buying Leggett & Platt, Incorporated (NYSE:LEG) Now?
Oct 08Calculating The Intrinsic Value Of Leggett & Platt, Incorporated (NYSE:LEG)
Sep 25Leggett & Platt's (NYSE:LEG) Returns Have Hit A Wall
Aug 20Leggett & Platt: True Earning Power Could Have Been Overestimated
Aug 06Results: Leggett & Platt, Incorporated Delivered A Surprise Loss And Now Analysts Have New Forecasts
Aug 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | US$235m |
| Sep 30 2025 | n/a | n/a | US$224m |
| Jun 30 2025 | n/a | n/a | US$142m |
| Mar 31 2025 | n/a | n/a | -US$512m |
| Dec 31 2024 | US$10m | US$785k | -US$511m |
| 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$2m | US$257k | -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$314m |
Compensation vs Market: Karl's total compensation ($USD9.87M) is above average for companies of similar size in the US market ($USD5.25M).
Compensation vs Earnings: Karl's compensation has been consistent with company performance over the past year.
CEO
Karl Glassman (67 yo)
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 | 1.8yrs | US$9.87m | 1.28% $ 19.6m | |
| Executive VP & CFO | 2.8yrs | US$1.78m | 0.14% $ 2.2m | |
| Executive VP & General Counsel | 2.2yrs | US$1.37m | 0.089% $ 1.4m | |
| Executive VP & President of Bedding Products | 4.6yrs | US$1.82m | 0.14% $ 2.2m | |
| EVP, President of the Furniture | 6.2yrs | US$1.46m | 0.11% $ 1.7m | |
| Senior VP & Chief Accounting Officer | 10.8yrs | no data | 0.079% $ 1.2m | |
| Senior VP & Chief Information Officer | 2.2yrs | no data | no data | |
| Vice President of Investor Relations | 1.2yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 1.2yrs | no data | 0.064% $ 979.9k | |
| VP & Chief Tax Officer | 6.3yrs | no data | no data | |
| Executive VP & Chief Strategic Planning Officer | 2.8yrs | no data | 0.084% $ 1.3m | |
| Senior Vice President of Business Support Services | 2.2yrs | no data | no data |
Experienced Management: LEG's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 24.2yrs | US$9.87m | 1.28% $ 19.6m | |
| Independent Director | 21.2yrs | US$347.11k | 0.088% $ 1.3m | |
| Independent Director | 20.3yrs | US$312.80k | 0.070% $ 1.1m | |
| Independent Director | 6.3yrs | US$309.23k | 0.0068% $ 104.2k | |
| Independent Lead Director | 16.8yrs | US$382.75k | 0.018% $ 269.6k | |
| Independent Director | 6.8yrs | US$336.81k | 0.0028% $ 42.9k | |
| Independent Director | 7.6yrs | US$285.70k | 0.051% $ 778.2k | |
| Independent Director | 4yrs | US$289.96k | 0.015% $ 229.5k |
Experienced Board: LEG's board of directors are seasoned and experienced ( 12.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/05 15:48 |
| End of Day Share Price | 2026/03/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| 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
Leggett & Platt, Incorporated is covered by 10 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.
| Analyst | Institution |
|---|---|
| Daniel Moore | CJS Securities, Inc. |
| Susan Maklari | Goldman Sachs |
| Michael Smith | Kansas City Capital Associates |