La-Z-Boy Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Melinda Whittington
Chief executive officer
US$6.0m
Total compensation
| CEO salary percentage | 15.7% |
| CEO tenure | 3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Why La-Z-Boy Incorporated (NYSE:LZB) Could Be Worth Watching
Apr 04
Earnings Miss: La-Z-Boy Incorporated Missed EPS By 8.3% And Analysts Are Revising Their Forecasts
Feb 23La-Z-Boy: Long Live The Value Stock With Earnings Growth
Feb 14Here's What's Concerning About La-Z-Boy's (NYSE:LZB) Returns On Capital
Feb 08Are Investors Undervaluing La-Z-Boy Incorporated (NYSE:LZB) By 21%?
Jan 17La-Z-Boy Shoots Comfortably Higher
Dec 03Capital Allocation Trends At La-Z-Boy (NYSE:LZB) Aren't Ideal
Nov 04Is La-Z-Boy Incorporated (NYSE:LZB) Trading At A 35% Discount?
Oct 06La-Z-Boy: Underlying Strength Despite Messy Q1 Earnings
Sep 07When Should You Buy La-Z-Boy Incorporated (NYSE:LZB)?
Aug 26La-Z-Boy: Own A Piece Of This Undervalued And Well-Run Company
Jun 28A Look At The Intrinsic Value Of La-Z-Boy Incorporated (NYSE:LZB)
Jun 28The Returns At La-Z-Boy (NYSE:LZB) Aren't Growing
Jun 09At US$26.93, Is It Time To Put La-Z-Boy Incorporated (NYSE:LZB) On Your Watch List?
May 25La-Z-Boy's (NYSE:LZB) Upcoming Dividend Will Be Larger Than Last Year's
May 06Here's Why La-Z-Boy (NYSE:LZB) Has Caught The Eye Of Investors
Apr 08La-Z-Boy (NYSE:LZB) Hasn't Managed To Accelerate Its Returns
Feb 13La-Z-Boy Has Lagged The Market But Shares Are Attractive
Feb 07Is Now An Opportune Moment To Examine La-Z-Boy Incorporated (NYSE:LZB)?
Jan 26Are Investors Undervaluing La-Z-Boy Incorporated (NYSE:LZB) By 33%?
Jan 08La-Z-Boy's (NYSE:LZB) Upcoming Dividend Will Be Larger Than Last Year's
Dec 04La-Z-Boy (NYSE:LZB) Hasn't Managed To Accelerate Its Returns
Nov 13La-Z-Boy Stock: Strong Q1 Report Supports A Bullish Outlook
Sep 06La-Z-Boy Q1 2023 Earnings Preview
Aug 22La-Z-Boy finalizing closure of Newton upholstery facility
Jul 18La-Z-Boy: A Safe Cushion Against Macroeconomic Pressures
Jun 23What Is La-Z-Boy Incorporated's (NYSE:LZB) Share Price Doing?
Jun 17Returns At La-Z-Boy (NYSE:LZB) Appear To Be Weighed Down
May 12La-Z-Boy: Relax With This Sleeper Stock
Apr 11What Does La-Z-Boy Incorporated's (NYSE:LZB) Share Price Indicate?
Feb 17La-Z-Boy: An Iconic Firm At An Attractive Price
Jan 17Returns On Capital At La-Z-Boy (NYSE:LZB) Have Hit The Brakes
Dec 11What Does La-Z-Boy Incorporated's (NYSE:LZB) Share Price Indicate?
Nov 09Does La-Z-Boy (NYSE:LZB) Deserve A Spot On Your Watchlist?
Oct 26La-Z-Boy: A Good Buying Opportunity
Sep 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Jan 25 2020 | n/a | n/a | US$77m |
| Oct 26 2019 | n/a | n/a | US$71m |
| Jul 27 2019 | n/a | n/a | US$68m |
| Apr 27 2019 | US$3m | US$458k | US$68m |
Compensation vs Market: Melinda's total compensation ($USD5.98M) is about average for companies of similar size in the US market ($USD5.42M).
Compensation vs Earnings: Melinda's compensation has been consistent with company performance over the past year.
CEO
Melinda Whittington (55 yo)
3yrs
Tenure
US$5,983,987
Compensation
Ms. Melinda D. Whittington serves as President, Chief Executive Officer and Director of La-Z-Boy Incorporated since April 25, 2021. She serves as Independent Director at Best Buy Co., Inc. since March 30,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3yrs | US$5.98m | 0.11% $ 1.5m | |
| Senior VP & CFO | 3yrs | US$1.90m | 0.023% $ 330.3k | |
| President of La-Z-Boy Brand & Chief Commercial Officer | 3.3yrs | US$1.23m | 0.066% $ 930.9k | |
| Senior VP & Chief Supply Chain Officer | 2.3yrs | US$1.39m | 0.050% $ 709.7k | |
| VP, Corporate Controller & Chief Accounting Officer | 3yrs | no data | 0.038% $ 534.2k | |
| VP & Chief Information Officer | 1.8yrs | no data | 0.028% $ 391.8k | |
| Director of Investor Relations & Corporate Development | no data | no data | no data | |
| VP, Chief Compliance Officer | 5yrs | US$1.01m | 0.043% $ 611.7k | |
| VP & Chief Human Resources Officer | 5.7yrs | no data | 0.061% $ 854.6k | |
| President of Portfolio Brands | 5yrs | no data | 0.072% $ 1.0m | |
| President of Retail Furniture Galleries | less than a year | no data | 0.045% $ 631.4k | |
| VP, Deputy General Counsel & Corporate Secretary | 3yrs | no data | no data |
3.0yrs
Average Tenure
50.5yo
Average Age
Experienced Management: LZB's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3yrs | US$5.98m | 0.11% $ 1.5m | |
| Independent Director | 3.2yrs | US$235.50k | 0.014% $ 191.0k | |
| Independent Director | 7.7yrs | US$255.39k | 0.011% $ 151.2k | |
| Independent Director | 15.2yrs | US$265.85k | no data | |
| Independent Non-Executive Chairman | 10.7yrs | US$341.94k | 0.011% $ 151.2k | |
| Independent Director | 7.7yrs | US$235.39k | 0.011% $ 151.2k | |
| Independent Director | 1.2yrs | US$160.34k | 0.013% $ 189.4k | |
| Independent Director | 4.7yrs | US$243.95k | 0.011% $ 151.2k | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Independent Director | 2.5yrs | US$224.11k | 0.011% $ 151.2k |
3.9yrs
Average Tenure
58.5yo
Average Age
Experienced Board: LZB's board of directors are considered experienced (3.9 years average tenure).