Leggett & Platt names Mitch Dolloff CEO effective Jan 1, 2022; Karl Glassman to become Executive Chairman

LEGGETT & PLATT INC

Karl Glassman retires as CEO Dec 31, 2021; becomes Executive Chairman Jan 1, 2022.
Mitch Dolloff appointed CEO and President effective Jan 1, 2022; previously President and COO.
Dolloff's 2022 base salary set at $1.12M (from $800k); Glassman's at $750k (from $1.225M).
Dolloff receives $1M RSU grant vesting over three years; LTI multiple increased to 400%.
Bylaws amended to expand shareholder proposal disclosure requirements.

item 5.02 item 5.03 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

J. Mitchell Dolloff

Chief Executive Officer and President

LEG · LEGGETT & PLATT INC

Effective: 2022-01-01
Filed: November 10, 2021, 6:59 PM ET

On November 9, 2021, the Board of Directors appointed J. Mitchell Dolloff as Chief Executive Officer of the Company, effective January 1, 2022.

Role change

Karl G. Glassman

Executive Chairman

LEG · LEGGETT & PLATT INC

Effective: 2022-01-01
Successor: J. Mitchell Dolloff
Filed: November 10, 2021, 6:59 PM ET

On November 9, 2021, Karl G. Glassman notified the Company of his decision to retire as Chief Executive Officer, effective December 31, 2021. Upon receiving this notification, the Board appointed Mr. Glassman, age 63, to the position of Executive Chairman of the Board of Directors, to become effective January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Mitchell Dolloff was appointed as Chief Executive Officer and President at LEGGETT & PLATT INC.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

On November 9, 2021, the Board of Directors appointed J. Mitchell Dolloff as Chief Executive Officer of the Company, effective January 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karl G. Glassman was appointed as Executive Chairman at LEGGETT & PLATT INC.

Action: retired as CEO and appointed Executive Chairman
Role: Executive Chairman

Exact text from the filing

On November 9, 2021, Karl G. Glassman notified the Company of his decision to retire as Chief Executive Officer, effective December 31, 2021. Upon receiving this notification, the Board appointed Mr. Glassman, age 63, to the position of Executive Chairman of the Board of Directors, to become effective January 1, 2022.

View on SEC.gov

LEGGETT & PLATT INC filing history →

Source: SEC EDGAR

accession 0001193125-21-325948

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.