Leggett & Platt CEO Karl Glassman's 2021 pay rises 5% to $9.2M
Leggett & Platt reports 2021 executive compensation
By ExecPay News
Published: March 31, 2022
Leggett & Platt reported fiscal year 2021 executive compensation information on March 31, 2022.
In 2021, five executives at Leggett & Platt received on average a compensation package of $4M, a 7% increase compared to previous year.
Average pay of disclosed executives at Leggett & Platt
Karl G. Glassman, Chief Executive Officer, received $9.2M in total, which increased by 5% compared to 2020. 64% of Glassman's compensation, or $5.9M, was in stock awards. Glassman also received $124K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $1.2M in salary, as well as $709K in other compensation.
J. Mitchell Dolloff, Chief Executive Officer, received a compensation package of $4.2M, which increased by 14% compared to previous year. 57% of the compensation package, or $2.4M, was in stock awards.
Jeffrey L. Tate, Chief Financial Officer, earned $2.6M in 2021, a 5% increase compared to previous year.
Steven K. Henderson, Executive VP, President— Specialized and FF&T Products, received $2.3M in 2021, which increases by 11% compared to 2020.
Scott S Douglas, General Counsel, earned $1.8M in 2021, a 4% increase compared to previous year.
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Source: SEC filing on March 31, 2022.