Leggett & Platt Management
Management criteria checks 4/4
Leggett & Platt's CEO is Mitch Dolloff, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is $7.35M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $7.27M. The average tenure of the management team and the board of directors is 3.8 years and 5.8 years respectively.
Key information
Mitch Dolloff
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 15.2% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.8yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
It Looks Like Leggett & Platt, Incorporated's (NYSE:LEG) CEO May Expect Their Salary To Be Put Under The Microscope
May 02
Leggett & Platt Cuts Its Dividend: Signs Of An Existential Threat?
May 01Dividend King On A Tightrope: Leggett & Platt's Fight To Maintain Its Status
Apr 20Leggett & Platt: Lower Sales And Worsening Margins Are Bad News For This King
Apr 14Leggett & Platt: 2 High-Yield Income Options
Mar 19Leggett & Platt: Declining Cash Flows Make This Dividend King A Stock I Would Avoid
Mar 07Leggett & Platt: Is The Dividend Still Safe Amid Poor Cash Flow Guidance?
Feb 09Is The Leggett & Platt Stock A Good Buy Ahead Of Its Q4 Results?
Jan 31Leggett & Platt: The Pain Is Not Over Yet
Jan 09Should You Think About Buying Leggett & Platt, Incorporated (NYSE:LEG) Now?
Dec 14Leggett & Platt: Many Issues Ahead
Dec 02Is Leggett & Platt (NYSE:LEG) Using Too Much Debt?
Nov 28Leggett & Platt: Evaluating The Near 8% Yield Of This Dividend King
Nov 15Leggett & Platt: The 7.7% Dividend May Not Be Worth It After The Poor Q3
Nov 01Leggett & Platt: Don't Let This Dividend Aristocrat Fool You
Sep 27Leggett & Platt: This Dividend King Might Have Bottomed
Sep 07At US$27.11, Is Leggett & Platt, Incorporated (NYSE:LEG) Worth Looking At Closely?
Sep 06These 4 Measures Indicate That Leggett & Platt (NYSE:LEG) Is Using Debt Extensively
Aug 21Leggett & Platt: Best Time In 14 Years To Buy This 6.4%-Yielding Dividend King
Aug 19Leggett & Platt Q2 Earnings: (Dividend) King - Pinned?
Aug 01Estimating The Fair Value Of Leggett & Platt, Incorporated (NYSE:LEG)
Jul 26Leggett & Platt: Is The Dividend King's Throne At Risk?
Jul 20Leggett & Platt: The Reasons We Are Not Yet Buyers Of The Stock
Jul 13Leggett & Platt: The High Costs Of Being A King
Jun 16Is Now An Opportune Moment To Examine Leggett & Platt, Incorporated (NYSE:LEG)?
Jun 06Leggett & Platt: More Than Meets The Eye
Jun 03Leggett & Platt (NYSE:LEG) Is Increasing Its Dividend To $0.46
May 22Leggett & Platt (NYSE:LEG) Has Announced That It Will Be Increasing Its Dividend To $0.46
May 08Estimating The Fair Value Of Leggett & Platt, Incorporated (NYSE:LEG)
Apr 26Leggett & Platt (NYSE:LEG) Takes On Some Risk With Its Use Of Debt
Apr 08Leggett & Platt declares $0.44 dividend
Feb 23What Is Leggett & Platt, Incorporated's (NYSE:LEG) Share Price Doing?
Feb 13Leggett & Platt Q4 2022 Earnings Preview
Feb 05Leggett & Platt: Sturdy Foundation But Underwhelming Projections
Jan 21Calculating The Fair Value Of Leggett & Platt, Incorporated (NYSE:LEG)
Jan 17Leggett & Platt: Dividend Growth Could Be At Risk In 2023
Jan 11Is Leggett & Platt (NYSE:LEG) A Risky Investment?
Jan 04Leggett & Platt Q3 2022 Earnings Preview
Oct 28Estimating The Fair Value Of Leggett & Platt, Incorporated (NYSE:LEG)
Oct 17Leggett & Platt drops 9% after lowering FY22 guidance
Oct 10These 4 Measures Indicate That Leggett & Platt (NYSE:LEG) Is Using Debt Reasonably Well
Oct 03Leggett & Platt: Limited Financial Benefits From ECS Acquisition
Sep 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$159m |
| Dec 31 2023 | US$7m | US$1m | -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$8m | US$1m | 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$4m | US$781k | 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$4m | US$646k | 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$4m | US$597k | 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$3m | US$512k | 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$2m | US$480k | US$294m |
Compensation vs Market: Mitch's total compensation ($USD7.35M) is about average for companies of similar size in the US market ($USD5.67M).
Compensation vs Earnings: Mitch's compensation has been consistent with company performance over the past year.
CEO
Mitch Dolloff (57 yo)
4.3yrs
Tenure
US$7,347,194
Compensation
Mr. J. Mitchell Dolloff, also known as Mitch, serves as Chief Executive Officer at Leggett & Platt, Incorporated since January 01, 2022 and has been its President and Director since January 1, 2020. He had...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.3yrs | US$7.35m | 0.40% $ 7.3m | |
| Executive VP & CFO | less than a year | US$1.09m | 0.058% $ 1.1m | |
| Executive VP & President of Bedding Products | 2.8yrs | US$1.72m | 0.060% $ 1.1m | |
| Senior VP & Chief Accounting Officer | 9yrs | no data | 0.046% $ 828.1k | |
| 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 | 0.018% $ 324.1k | |
| Executive Vice President & Chief HR Officer | 3.3yrs | no data | 0.024% $ 439.3k | |
| VP & Chief Tax Officer | 4.4yrs | no data | no data | |
| VP & Chief Credit Officer | 4.4yrs | no data | no data | |
| Executive VP & Chief Strategic Planning Officer | less than a year | no data | 0.018% $ 334.8k | |
| Senior VP and President of the Furniture | 4.3yrs | no data | no data |
3.8yrs
Average Tenure
51yo
Average Age
Experienced Management: LEG's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.3yrs | US$7.35m | 0.40% $ 7.3m | |
| Chairman | 22.3yrs | US$368.30k | 0.70% $ 12.7m | |
| Independent Director | 10.3yrs | US$331.99k | 0.051% $ 916.7k | |
| Independent Director | 19.3yrs | US$352.45k | 0.047% $ 857.3k | |
| Independent Director | 18.5yrs | US$324.50k | 0.047% $ 857.5k | |
| Independent Director | 5yrs | US$287.77k | 0.020% $ 356.7k | |
| Independent Director | 4.5yrs | US$326.32k | 0.0069% $ 125.7k | |
| Independent Lead Director | 15yrs | US$457.82k | 0.016% $ 296.3k | |
| Independent Director | 5yrs | US$359.51k | 0.0029% $ 51.7k | |
| Independent Director | 5.8yrs | US$286.77k | 0.021% $ 388.1k | |
| Independent Director | 2.2yrs | US$284.49k | 0.013% $ 234.1k |
5.8yrs
Average Tenure
61yo
Average Age
Experienced Board: LEG's board of directors are considered experienced (5.8 years average tenure).