Leggett & Platt CEO Karl Glassman's 2018 pay jumps 51% to $11M
Leggett & Platt reports 2018 executive compensation
By ExecPay News
Published: March 26, 2019
Leggett & Platt reported fiscal year 2018 executive compensation information on March 26, 2019.
In 2018, five executives at Leggett & Platt received on average a compensation package of $4.3M, a 48% increase compared to previous year.
Average pay of disclosed executives at Leggett & Platt
Karl G. Glassman, Chief Executive Officer, received $11M in total, which increased by 51% compared to 2017. 68% of Glassman's compensation, or $7.2M, was in stock awards. Glassman also received $76K of change in pension value and nonqualified deferred compensation earnings, $1.4M in non-equity incentive plan, $1.2M in salary, as well as $689K in other compensation.
Matthew C. Flanigan, Chief Financial Officer, received a compensation package of $3.5M, which increased by 33% compared to previous year. 59% of the compensation package, or $2.1M, was in stock awards.
Perry E. Davis, Executive VP, President Residential & Industrial Products, earned $3M in 2018, a 57% increase compared to previous year.
J. Mitchell Dolloff, Chief Operating Officer, received $3M in 2018, which increases by 48% compared to 2017.
Scott S Douglas, General Counsel, earned $1.6M in 2018, a 47% increase compared to previous year.
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Source: SEC filing on March 26, 2019.