La-Z-Boy Management
Management criteria checks 4/4
La-Z-Boy's CEO is Melinda Whittington, appointed in Apr 2021, has a tenure of 3.67 years. total yearly compensation is $5.87M, comprised of 16.7% salary and 83.3% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $3.32M. The average tenure of the management team and the board of directors is 3.7 years and 4.6 years respectively.
Key information
Melinda Whittington
Chief executive officer
US$5.9m
Total compensation
| CEO salary percentage | 16.7% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.7yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Market Cool On La-Z-Boy Incorporated's (NYSE:LZB) Earnings
Dec 19
La-Z-Boy Refuses To Recline In Tough Times
Dec 17La-Z-Boy (NYSE:LZB) Is Increasing Its Dividend To $0.22
Nov 23La-Z-Boy: Still Comfortable With A Bullish View
Nov 17La-Z-Boy Incorporated (NYSE:LZB) Shares Could Be 33% Below Their Intrinsic Value Estimate
Nov 11Here's What To Make Of La-Z-Boy's (NYSE:LZB) Decelerating Rates Of Return
Oct 24When Should You Buy La-Z-Boy Incorporated (NYSE:LZB)?
Aug 20La-Z-Boy: Reclining Comfortably Amidst Industry Headwinds, Reiterating Our Buy Rating
Aug 01La-Z-Boy Incorporated (NYSE:LZB) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 29Improved Earnings Required Before La-Z-Boy Incorporated (NYSE:LZB) Shares Find Their Feet
Jul 11La-Z-Boy's Accretive Expansion Strategy Is Undervalued
Jul 08La-Z-Boy (NYSE:LZB) Will Be Hoping To Turn Its Returns On Capital Around
Jun 19Is There An Opportunity With La-Z-Boy Incorporated's (NYSE:LZB) 23% Undervaluation?
Apr 24Why La-Z-Boy Incorporated (NYSE:LZB) Could Be Worth Watching
Apr 04Earnings 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 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| 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$68m |
Compensation vs Market: Melinda's total compensation ($USD5.87M) is about average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Melinda's compensation has been consistent with company performance over the past year.
CEO
Melinda Whittington (56 yo)
3.7yrs
Tenure
US$5,872,110
Compensation
Ms. Melinda D. Whittington serves as President, Chief Executive Officer and Director of La-Z-Boy Incorporated since April 25, 2021 and serves as its Chairman of the Board since December 11, 2024. She serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | US$5.87m | 0.18% $ 3.3m | |
| President of La-Z-Boy Brand & Chief Commercial Officer | 3.9yrs | US$1.34m | 0.038% $ 683.9k | |
| Senior VP & Chief Supply Chain Officer | 3yrs | US$1.31m | 0.020% $ 368.2k | |
| President of Retail Furniture Galleries | 1.7yrs | US$1.53m | 0.0083% $ 149.5k | |
| Senior VP & CFO | no data | no data | no data | |
| VP, Corporate Controller & Chief Accounting Officer | 3.7yrs | no data | 0.046% $ 828.9k | |
| VP & Chief Information Officer | 2.5yrs | no data | 0.041% $ 728.7k | |
| Director of Investor Relations & Corporate Development | no data | no data | no data | |
| VP, Chief Compliance Officer | 5.7yrs | US$1.01m | 0.063% $ 1.1m | |
| VP & Chief Human Resources Officer | 6.3yrs | no data | 0.078% $ 1.4m | |
| President of Portfolio Brands | 5.7yrs | no data | 0.092% $ 1.7m | |
| VP, Deputy General Counsel & Corporate Secretary | 3.7yrs | no data | no data |
3.7yrs
Average Tenure
51yo
Average Age
Experienced Management: LZB's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | US$5.87m | 0.18% $ 3.3m | |
| Independent Director | 3.8yrs | US$236.49k | 0.014% $ 250.9k | |
| Independent Director | 8.3yrs | US$257.38k | 0.011% $ 198.6k | |
| Independent Director | 15.8yrs | US$270.91k | 0% $ 0 | |
| Independent Lead Director | 11.3yrs | US$344.59k | 0.011% $ 198.6k | |
| Independent Director | 8.3yrs | US$237.38k | 0.011% $ 198.6k | |
| Independent Director | 1.8yrs | US$223.31k | 0.0045% $ 80.3k | |
| Independent Director | 5.3yrs | US$245.28k | 0.011% $ 198.6k | |
| Independent Director | 1.5yrs | US$227.98k | 0.0018% $ 31.4k | |
| Independent Director | 3.2yrs | US$224.96k | 0.011% $ 198.6k |
4.6yrs
Average Tenure
59.5yo
Average Age
Experienced Board: LZB's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:18 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/10/26 |
| Annual Earnings | 2024/04/27 |
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 here.
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 .
Analyst Sources
La-Z-Boy Incorporated is covered by 8 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. |
| Matthew McCall | BB&T Capital Markets |
| Bradley Thomas | KeyBanc Capital Markets Inc. |