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Leggett & Platt, Incorporated (LEG)

NYSE - Nasdaq Real Time Price. Currency in USD
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Leggett & Platt, Incorporated

No. 1 Leggett Road
Carthage, MO 64836
United States
417-358-8131
http://www.leggett.com

SectorConsumer Goods
IndustryHome Furnishings & Fixtures
Full Time Employees21,000

Key Executives

NameTitlePayExercisedAge
Mr. Karl G. GlassmanChief Exec. Officer, Pres and Director3.54MN/A59
Mr. Matthew C. FlaniganChief Financial Officer, Exec. VP and Director1.49MN/A55
Mr. Jack D. CrusaSr. VP of Operations869.84kN/A62
Mr. Perry E. DavisExec. VP and Pres of Residential Products & Industrial products840.64k658.73k58
Mr. J. Mitchell DolloffExec. VP and Pres of Specialized Products & Furniture Products828.77kN/A51
Amounts are as of December 31, 2016 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.

Description

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 into various types of springs; 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 molded plywood components; bases, columns, back rests, casters, frames, and control devices for office chairs; private-label finished furniture; beds and bed frames; and adjustable beds. It serves office furniture manufacturers; and mattress and furniture retailers. The Industrial Materials segment offers drawn wires, fabricated wire products, and steel rods. It serves bedding producers, mechanical spring manufacturers, and wire distributors. The Specialized Products segment provides mechanical and pneumatic lumbar support and massage systems, seat suspension systems, motors and actuators, and control cables; titanium, nickel, and stainless steel tubing, formed tube, and tube sub-assemblies; quilting machines and industrial sewing/finishing machines; and van interiors. It serves automobile seating manufacturers and OEMs; aerospace suppliers; 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.

Corporate Governance

Leggett & Platt, Incorporated’s ISS Governance QualityScore as of September 1, 2017 is 6. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 8; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.