Leggett & Platt CEO Karl Glassman's 2020 pay slips 14% to $8.7M
Leggett & Platt reports 2020 executive compensation
By ExecPay News
Published: April 8, 2021
Leggett & Platt reported fiscal year 2020 executive compensation information on April 8, 2021.
In 2020, five executives at Leggett & Platt received on average a compensation package of $3.7M, a 1% decrease compared to previous year.
Karl G. Glassman, Chief Executive Officer, received $8.7M in total, which decreased by 14% compared to 2019. 56% of Glassman's compensation, or $4.9M, was in stock awards. Glassman also received $153K of change in pension value and nonqualified deferred compensation earnings, $1.8M in non-equity incentive plan, $1.1M in salary, as well as $778K in other compensation.
J. Mitchell Dolloff, Chief Operating Officer, received a compensation package of $3.7M, which decreased by 4% compared to previous year. 50% of the compensation package, or $1.8M, was in stock awards.
Jeffrey L. Tate, Chief Financial Officer, earned $2.5M in 2020, a 8% increase compared to previous year.
Steven K. Henderson, Executive VP, President— Specialized and FF&T Products, received $2.1M in 2020.
Scott S Douglas, General Counsel, earned $1.7M in 2020, a 5% decrease compared to previous year.