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Leggett & Platt, Incorporated (LEG)

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34.78 Down 0.14(0.40%) 9:50AM EDT - NYSE Real Time Price
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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

Details 
Index Membership:N/A
Sector:Consumer Goods
Industry:Home Furnishings & Fixtures
Full Time Employees:19,000

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, seat suspensions, steel tubular seat frames, bed frames, ornamental beds, and adjustable beds, as well as top-of-bed accessories; and structural fabrics, carpet underlay materials, and geo components. This segment primarily serves manufacturers of finished bedding products and upholstered furniture. Its Commercial Fixturing & Components segment provides shelving, counters, showcases, and garment racks; standardized shelving; and bases, columns, back rests, casters, and frames for office chairs and control devices, as well as offers finished furniture. This segment serves retail chains and specialty shops; and office, institutional, and commercial furniture manufacturers. The company’s Industrial Materials segment provides steel rods, drawn wires, steel billets, fabricated wire products, welded steel tubing, fabricated tube components, and titanium and nickel tubing products. This segment serves bedding and furniture, and mechanical spring makers; automotive seating manufacturers; aerospace suppliers and OEMs; and waste recyclers and waste removal businesses. Its Specialized Products segment offers 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.

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Corporate Governance 
Leggett & Platt, Incorporated’s ISS Governance QuickScore as of Sep 1, 2014 is 7. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 9; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. David S. Haffner , 62
Chairman, Chief Exec. Officer and Member of Exec. Committee
2.92M0.00
Mr. Karl G. Glassman , 56
Pres, Chief Operating Officer and Management Director
1.87M473.00K
Mr. Matthew C. Flanigan , 52
Chief Financial Officer, Exec. VP, Management Director and Chairman of Enterprise Risk Management Committee
1.15M613.00K
Mr. Jack D. Crusa , 59
Sr. VP and Pres of Specialized Products Segment
696.00K166.00K
Mr. Joseph D. Downes Jr., 70
Sr. VP and Pres of Industrial Materials Segment
646.00K570.00K
Amounts are as of Dec 31, 2013 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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