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Leggett & Platt, Incorporated (LEG)

50.83 Down 0.28(0.55%) Jul 1, 4:01PM EDT
|After Hours : 50.83 0.00 (0.00%) Jul 1, 4:29PM EDT
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Leggett & Platt, Incorporated
No. 1 Leggett Road
Carthage, MO 64836
United States - Map
Phone: 417-358-8131

Index Membership:N/A
Sector:Consumer Goods
Industry:Home Furnishings & Fixtures
Full Time Employees:20,000

Business Summary 

Leggett & Platt, Incorporated designs and produces various engineered components and products worldwide. The company operates through four segments: Residential Furnishings, Commercial Products, Industrial Materials, and Specialized Products. The Residential Furnishings segment offers innersprings, wire forms, and machines to shape wire; steel mechanisms and hardware, and springs and seat suspensions; and structural fabrics, carpet cushions, and geo components. It serves manufacturers of finished bedding and upholstered furniture; retailers and distributors of carpet cushions; and contractors, landscapers, road construction companies, and government agencies using geo components The Commercial Products segment provides bases, columns, back rests, casters, and frames for office chairs and control devices; private-label finished furniture; beds and bed frames; and adjustable beds. It serves office, institutional, and commercial furniture manufacturers; and mattress manufacturers and retailers. The Industrial Materials segment offers drawn wires, fabricated wire products, and steel rods. It serves bedding producers, mechanical spring manufacturers, and waste recyclers and waste removal businesses. The Specialized Products segment provides mechanical and pneumatic lumbar support and massage systems; seat suspension systems; automotive control cables; low voltage motors and actuators; titanium, nickel, and stainless steel tubing and sub-assemblies; quilting machines; industrial sewing/finishing machines; van interiors; and computer docking stations. It serves automobile seating manufacturers; aerospace suppliers and OEMs; bedding manufacturers; and telecommunication, cable, home service, and delivery companies. The company sells its products through sales representatives and distributors. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.

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Corporate Governance 
Leggett & Platt, Incorporated’s ISS Governance QuickScore as of Jun 1, 2016 is 9. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 9; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Karl G. Glassman , 58
Chief Exec. Officer, Pres and Management Director
Mr. Matthew C. Flanigan , 54
Chief Financial Officer, Exec. VP, Management Director and Chairman of Enterprise Risk Management Committee
Mr. Jack D. Crusa , 61
Sr. VP and Pres of Industrial Materials & Specialized Products Segments
Mr. Perry E. Davis , 57
Sr. VP and Pres of Residential Furnishings
Ms. Tammy M. Trent , 50
Chief Accounting Officer and VP
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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