Leggett & Platt terminates CEO Glassman's personal aircraft use ahead of May 4 retirement

LEGGETT & PLATT INC

Karl G. Glassman to retire as executive officer at the 2023 Annual Meeting on May 4, 2023.
Company and Glassman mutually agreed to terminate personal corporate aircraft use arrangement, effective May 4, 2023.
The arrangement, in place since May 2017, had a $100,000 annual incremental cost limit and no tax reimbursements.
Glassman's personal use was allowed only when aircraft not needed for business.

item 5.02 item 9.01

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Departed

Karl G. Glassman

Executive Officer

LEG · LEGGETT & PLATT INC

Effective: 2023-05-04
Filed: April 26, 2023, 7:59 PM ET

Karl G. Glassman will retire as an executive officer of the Company as of the Company’s 2023 Annual Meeting of Shareholders, which is expected to be held May 4, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Karl G. Glassman departed as Executive Officer at LEGGETT & PLATT INC.

Action: retire
Role: Executive Officer

Exact text from the filing

Karl G. Glassman will retire as an executive officer of the Company as of the Company’s 2023 Annual Meeting of Shareholders, which is expected to be held May 4, 2023.

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Source: SEC EDGAR

accession 0001193125-23-118522

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