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    Leggett & Platt, Incorporated (LEG)

    43.79 Down 0.08(0.18%) Oct 9, 4:01PM EDT
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    Leggett & Platt, Incorporated
    No. 1 Leggett Road
    Carthage, MO 64836
    United States - Map
    Phone: 417-358-8131
    Website: http://www.leggett.com

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

    Business Summary 

    Leggett & Platt, Incorporated designs and produces a range of engineered components and products worldwide. The company’s Residential Furnishings segment offers innersprings and wire forms; steel mechanisms and hardware, springs and seat suspensions, steel tubular seat frames, bed frames and ornamental beds, and adjustable beds; and structural fabrics, carpet underlay materials, and geo components. This segment serves manufacturers of finished bedding products and upholstered furniture; retailers and distributors of adjustable and ornamental beds, bed frames, and carpet underlay; and contractors, landscapers, road construction companies, and government agencies using geo components. Its Commercial Fixturing & Components segment provides bases, columns, back rests, casters, and frames for office chairs and control devices; and private label finished furniture. This segment serves office, and institutional and commercial furniture manufacturers. The company’s Industrial Materials segment offers steel rods, drawn wires, steel billets, fabricated wire products, welded steel tubing, fabricated tube components, and titanium and nickel tubing. This segment serves bedding and furniture and automotive seating manufacturers; aerospace suppliers and OEMs; mechanical spring makers; and waste recyclers and waste removal businesses. Its Specialized Products segment provides manual and power lumbar support and massage systems; seat suspension systems; automotive control cables; low voltage motors and motion assemblies; formed metal and wire components; quilting machines; machines for shaping wire into springs; industrial sewing/finishing machines; and van interiors. This segment primarily serves automobile seating and 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.

    Key Statistics

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    Corporate Governance 
    Leggett & Platt, Incorporated’s ISS Governance QuickScore as of Oct 1, 2015 is 8. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 9; Compensation: 3.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. David S. Haffner , 63
    Chairman, Chief Exec. Officer and Member of Exec. Committee
    Mr. Karl G. Glassman , 57
    Pres, Chief Operating Officer and Director
    Mr. Matthew C. Flanigan , 53
    Chief Financial Officer, Exec. VP, Management Director and Chairman of Enterprise Risk Management Committee
    Mr. Joseph D. Downes Jr., 71
    Sr. VP and Pres of Industrial Materials Segment
    Mr. Perry E. Davis , 56
    Sr. VP and Pres of Residential Furnishings
    Ms. Tammy M. Trent , 49
    Chief Accounting Officer and VP
    Amounts are as of Dec 31, 2014 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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