---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-172569"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2023-06-22T23:59:59+00:00"
generated_at: "2026-06-13T19:27:44.131251+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Leggett & Platt appoints Benjamin M. Burns as CFO, replacing Jeffrey L. Tate

## Summary
- Benjamin M. Burns appointed EVP and CFO effective June 21, 2023, replacing Jeffrey L. Tate.
- Jeffrey L. Tate terminated without cause; separation package includes $418K cash payment, bonus, RSUs, COBRA, and vacation.
- Burns' annual base salary increased to $500K, incentive target raised to 80%, and LTI multiple increased to 200%.
- Burns is a 20-year Leggett veteran, previously EVP Business Support Services, and holds CPA and CFE credentials.

## SEC filing metadata
- accession: 0001193125-23-172569
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2023-06-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58492/000119312523172569/0001193125-23-172569-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312523172569/d511579d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-172569
- JSON: https://secwatch.observer/filing/0001193125-23-172569.json
- Plain text: https://secwatch.observer/filing/0001193125-23-172569.txt

## Key facts
- Executive change
  Jeffrey L. Tate departed as Chief Financial Officer at LEGGETT & PLATT INC.
  - Action: departed
  - Role: Chief Financial Officer
  source text: the departure of Jeffrey L. Tate from such position
  evidence_url: https://www.sec.gov/Archives/edgar/data/58492/000119312523172569/0001193125-23-172569-index.htm
- Executive change
  Benjamin M. Burns was appointed as Executive Vice President and Chief Financial Officer at LEGGETT & PLATT INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On June 21, 2023, the Company’s Board of Directors appointed Benjamin M. Burns, age 45, as Executive Vice President and Chief Financial Officer, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/58492/000119312523172569/0001193125-23-172569-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.