V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough

LA-Z-BOY Executive Compensation (FY26)

LZB · Executive and director compensation, fiscal 2024 to 2026

The LA-Z-BOY 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.
Both reports for $2,400.
Data as of September 9, 2026Latest filing (8-K): August 26, 2026
12 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
LA-Z-BOY brief$1,500Get the executive brief
238 figures on this page: 227 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2026
◇
Melinda Whittington
Latest say-on-pay support
=
August 25, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Melinda Whittington: $6,663,764 → $7,295,975 (9.5% higher)
Say-on-pay support: 93.3% → 97.7% (4.4 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is LA-Z-BOY's chief executive and what were they paid?
Melinda Whittington, Board Chair, President and Chief Executive Officer, received $7,295,975 in total compensation for fiscal 2026. Whittington's total moved 9.5% higher from the $6,663,764 reported for fiscal 2025.
What was LA-Z-BOY's say-on-pay result?
Shareholders supported the say-on-pay proposal with 97.7% of votes cast for or against in favor at the meeting held August 25, 2026 for fiscal 2026.
Which companies are in LA-Z-BOY's peer group?
The disclosed peer group includes Beyond, Inc., Ethan Allen Interiors Inc., Helen of Troy Limited, HNI Corporation and Interface, Inc., among others.
What is LA-Z-BOY's chief executive pay ratio?
The company reported a chief executive pay ratio of 184:1 for fiscal 2026, against median employee compensation of $39,555.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Melinda Whittington
Board Chair, President and Chief Executive Officer
◇—◇—◇—◇◇
Robert Sundy II
President, Retail
◇—◇—◇—◇◇
Michael Leggett
Senior Vice President and Chief Supply Chain Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Melinda Whittington
Board Chair, President and Chief Executive Officer
◇—◇—◇—◇◇
Michael Leggett
Senior Vice President and Chief Supply Chain Officer
◇—◇—◇—◇◇
Robert Sundy II
President, Retail
◇—◇—◇—◇◇
Terrence Linz
President, Wholesale Brands
◇—◇—◇—◇◇
Taylor Luebke
Senior Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Melinda Whittington
Board Chair, President and Chief Executive Officer
◇—◇—◇—◇◇
Taylor Luebke
Senior Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Robert Sundy II
President, Retail
◇—◇—◇—◇◇
Terrence Linz
President, Wholesale Brands
◇—◇—◇—◇◇
Michael Leggett
Senior Vice President and Chief Supply Chain Officer
◇—◇—◇—◇◇
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 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Melinda D. WhittingtonPSU◇◇◇—◇—◇
Melinda D. WhittingtonRSU◇——◇——◇
Michael A. LeggettRSU◇——◇——◇
Michael A. LeggettPSU◇◇◇—◇—◇
Robert Sundy IIRSU◇——◇——◇
Robert Sundy IIPSU◇◇◇—◇—◇
Taylor E. LuebkePSU◇◇◇—◇—◇
Taylor E. LuebkeRSU◇——◇——◇
Terrence J. LinzRSU◇——◇——◇
Terrence J. LinzPSU◇◇◇—◇—◇
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 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael LeggettOption◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
Terrence LinzOption◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
Robert SundyOption◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
Melinda WhittingtonOption◇—◇—
PSU◇◇——
RSU◇◇——
PSU◇◇——
Taylor LuebkePSU◇◇——
RSU◇◇——
PSU◇◇——
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 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Janet E. Kerr
◇◇———◇◇
Michael T. Lawton
◇◇———◇◇
Lauren B. Peters
◇◇———◇◇
Rebecca L. O'Grady
◇◇———◇◇
Mark S. LaVigne
Lead independent director
◇◇———◇◇
Erika L. Alexander
◇◇———◇◇
Matthew H. Baer
◇◇———◇◇
Raza S. Haider
◇◇———◇◇
William C. Boor
◇◇———◇◇
Sarah M. Gallagher
◇————◇◇
James P. Hackett
◇————◇◇
Melinda D. Whittington served on the board in fiscal 2026 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◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Beyond, Inc. BBBY
  • Ethan Allen Interiors Inc. ETD
  • Helen of Troy Limited HELE
  • HNI Corporation HNI
  • Interface, Inc. TILE
  • iRobot Corporation symbol not shown
  • MillerKnoll, Inc. MLKN
  • Sleep Number Corporation SNBR
  • Somnigroup International Inc. SGI
  • Steelcase Inc. SCS
  • The Aaron's Company, Inc. AAN
  • Wolverine World Wide, Inc. WWW

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026August 25, 2026=◇◇◇
2025August 26, 2025=◇◇◇
2024August 27, 2024=◇◇◇
2023August 29, 2023=◇◇◇
2022August 30, 2022=◇◇◇
2021August 19, 2021=◇◇◇
2020September 1, 2020=◇◇◇
2019August 27, 2019=◇◇◇
2018August 28, 2018=◇◇◇
2017August 29, 2017=◇◇◇
2016August 24, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Email me this page as a cited PDF
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when LA-Z-BOY files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact LA-Z-BOY disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where LA-Z-BOY 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 — $1,500
Written 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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable 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 Intelligence
Adviser 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 access
Multiple 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 Intelligence
Join the list for a Velarion Pro seat
Full platform access for one person: every industry we cover, peer positioning, and the written analysis. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.
Join the list for Peer Group Review
Whether LA-Z-BOY's disclosed peer group is defensible, who names LA-Z-BOY back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
238 figures on this page: 227 cited to the filing that reported them, 11 calculated from figures it prints.
227 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000057131-26-000037
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000057131-26-000024
    CEO Pay Ratio · Director Compensation · Executive Compensation Tables
  3. 0000057131-25-000087
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000057131-24-000084
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000057131-23-000119
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000057131-22-000080
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000057131-21-000102
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000057131-20-000073
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001410578-19-000955
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001104659-18-054493
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001104659-17-055493
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001104659-16-141655
    Item 5.07 Submission of Matters to a Vote of Security Holders.
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “LA-Z-BOY executive compensation, FY2024–FY2026.” https://intel.velarion.ai/comp/LZB (accessed 2026).
Short form: data: Velarion

The LA-Z-BOY 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.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
12 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
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about LA-Z-BOY and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Peers LA-Z-BOY discloses

The companies named in LZB's own disclosed peer group.

Beyond, Inc.Ethan Allen Interiors Inc.Helen of Troy LimitedHNI CorporationInterface, Inc.MillerKnoll, Inc.Sleep Number CorporationSomnigroup International Inc.Steelcase Inc.The Aaron's Company, Inc.Wolverine World Wide, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

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}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy