Leggett & Platt Executive Compensation (FY25)
LEG · Executive and director compensation, fiscal 2023 to 2025
The Leggett & Platt brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 7, 2026Latest filing (8-K): May 22, 2026
6 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
226 figures on this page: 223 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Karl Glassman: $9,872,920 → $10,893,870 (10.3% higher)
Say-on-pay support: 94.8% → 94.2% (0.6 points lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Leggett & Platt's chief executive and what were they paid?
Total compensation for Karl Glassman, President and Chief Executive Officer, came to $10,893,870 in fiscal 2025. Compared with the $9,872,920 reported for fiscal 2024, Glassman's total was 10.3% higher.
What was Leggett & Platt's say-on-pay result?
The say-on-pay proposal drew 94.2% of votes cast including abstentions in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Leggett & Platt's peer group?
Companies named in the disclosed peer group include A. O. Smith Corporation, Allegion plc, American Axle & Manufacturing Holdings, Inc., Carlisle Companies Incorporated and Dover Corporation, among others.
What is Leggett & Platt's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 194:1, against median employee compensation of $56,199.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
J. Tyson Hagale Executive VP, President--Bedding Products | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Karl Glassman President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Benjamin Burns Executive VP and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Karl Glassman President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
J. Tyson Hagale Executive VP, President--Bedding Products | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Benjamin Burns Executive VP and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
R. Samuel Smith Jr. Executive VP, President--Specialized Products and FF&T Products | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Jennifer Davis Executive VP and General Counsel | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Karl Glassman President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Benjamin Burns Executive VP and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
J. Tyson Hagale Executive VP, President--Bedding Products | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
R. Samuel Smith Jr. Executive VP, President--Specialized Products and FF&T Products | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Jennifer Davis Executive VP and General Counsel | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Karl G. Glassman | — | ◇ | — | — | — | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| R. Smith | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Jennifer Davis | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Benjamin Burns | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| J. Hagale | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Karl Glassman | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/10/23 | |
| Option | ◇ | — | ◇ | 1/3/2026 | |
| Option | ◇ | — | ◇ | 5/20/24 | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Robert E. Brunner Lead independent director | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Joseph W. McClanathan | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Jai Shah | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Phoebe A. Wood | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Mary Campbell | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Angela Barbee | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Srikanth Padmanabhan | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Manuel A. Fernandez | ◇ | — | — | — | ◇ | ◇ | ◇ |
Mark A. Blinn | ◇ | — | — | — | ◇ | — | ◇ |
Karl G. Glassman served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
Equity is delivered as Restricted Stock or RSUs.
Stock ownership guideline: 5x annual cash retainer within 5 years
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- A. O. Smith Corporation AOS
- Allegion plc ALLE
- American Axle & Manufacturing Holdings, Inc. symbol not shown
- Carlisle Companies Incorporated CSL
- Dover Corporation DOV
- Fortune Brands Innovations, Inc. FBIN
- Griffon Corporation GFF
- HNI Corporation HNI
- Lennox International Inc. LII
- Masco Corporation MAS
- MillerKnoll, Inc. MLKN
- Pentair plc PNR
- Snap-on Incorporated SNA
- Somnigroup International Inc. SGI
- Steelcase Inc. SCS
- The Timken Company TKR
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 7, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 8, 2024 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Leggett & Platt disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Leggett & Platt sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
226 figures on this page: 223 cited to the filing that reported them, 3 calculated from figures it prints.
223 cited to the filing
3 calculated from the filing
Documents cited
- 0001193125-26-236979Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-26-144643CEO Pay Ratio · Director Compensation · Director Compensation in 2025 · Grants of Plan-Based Awards in 2025 · and 3 more sections
- 0001193125-25-116908Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-25-063364Summary Compensation Table
- 0001193125-24-136180Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-24-079893Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Leggett & Platt executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/LEG (accessed 2026).
Short form: data: Velarion
The Leggett & Platt brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
6 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Leggett & Platt discloses
The companies named in LEG's own disclosed peer group.
A. O. Smith CorporationAllegion plcCarlisle Companies IncorporatedDover CorporationFortune Brands Innovations, Inc.Griffon CorporationHNI CorporationLennox International Inc.Masco CorporationMillerKnoll, Inc.Pentair plcSnap-on IncorporatedSomnigroup International Inc.Steelcase Inc.The Timken Company
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}