Leggett & Platt Approves Retention Bonuses for Key Executives

Reuters2025-12-30

Leggett & Platt Approves Retention Bonuses for Key Executives

Leggett & Platt Inc. has approved new retention agreements for select key management personnel, according to a recent filing. Executive Vice President and CFO Benjamin M. Burns and EVP, President - Bedding Products J. Tyson Hagale will each receive retention payments of $618,000, amounting to 103% of their base salaries. EVP, President - Specialized Products and Furniture, Flooring & Textile Products R. Samuel Smith, Jr. will receive $540,750, also 103% of his base salary, while EVP & General Counsel Jennifer J. Davis will receive $630,875, representing 128.8% of her base salary. The payments are set for 2025 and are contingent on continued employment through December 23, 2026. Clawback provisions apply if an executive departs under certain conditions before the specified date. President and CEO Karl G. Glassman did not receive a retention agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leggett & Platt Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-335373), on December 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2595875875?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-30 05:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2595875875","market":"fut","top_or_hot":-1,"title":"Leggett & Platt Approves Retention Bonuses for Key Executives","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Leggett &amp; Platt Approves Retention Bonuses for Key Executives\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Leggett &amp; Platt Inc. has approved new retention agreements for select key management personnel, according to a recent filing. Executive Vice President and CFO Benjamin M. Burns and EVP, President - Bedding Products J. Tyson Hagale will each receive retention payments of $618,000, amounting to 103% of their base salaries. EVP, President - Specialized Products and Furniture, Flooring &amp; Textile Products R. Samuel Smith, Jr. will receive $540,750, also 103% of his base salary, while EVP &amp; General Counsel Jennifer J. Davis will receive $630,875, representing 128.8% of her base salary. The payments are set for 2025 and are contingent on continued employment through December 23, 2026. Clawback provisions apply if an executive departs under certain conditions before the specified date. President and CEO Karl G. Glassman did not receive a retention agreement.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leggett &amp; Platt Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-335373), on December 29, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Leggett & Platt Approves Retention Bonuses for Key Executives</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLeggett & Platt Approves Retention Bonuses for Key Executives\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-30 05:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Leggett &amp; Platt Approves Retention Bonuses for Key Executives\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Leggett &amp; Platt Inc. has approved new retention agreements for select key management personnel, according to a recent filing. Executive Vice President and CFO Benjamin M. Burns and EVP, President - Bedding Products J. Tyson Hagale will each receive retention payments of $618,000, amounting to 103% of their base salaries. EVP, President - Specialized Products and Furniture, Flooring &amp; Textile Products R. Samuel Smith, Jr. will receive $540,750, also 103% of his base salary, while EVP &amp; General Counsel Jennifer J. Davis will receive $630,875, representing 128.8% of her base salary. The payments are set for 2025 and are contingent on continued employment through December 23, 2026. Clawback provisions apply if an executive departs under certain conditions before the specified date. President and CEO Karl G. Glassman did not receive a retention agreement.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leggett &amp; Platt Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-335373), on December 29, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LEG","symbol_name":"礼恩派","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251229:nNDL2WQYHc:1","article_id":"2595875875","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595875875","pubTimestamp":1767043144,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Leggett & Platt Inc. has approved new retention agreements for select key management personnel, according to a recent filing. Executive Vice President and CFO Benjamin M. Burns and EVP, President - Bedding Products J. Tyson Hagale will each receive retention payments of $618,000, amounting to 103% of their base salaries. EVP, President - Specialized Products and Furniture, Flooring & Textile Products R. Samuel Smith, Jr. will receive $540,750, also 103% of his base salary, while EVP & General Counsel Jennifer J. Davis will receive $630,875, representing 128.8% of her base salary. The payments are set for 2025 and are contingent on continued employment through December 23, 2026. Clawback provisions apply if an executive departs under certain conditions before the specified date. President and CEO Karl G. Glassman did not receive a retention agreement.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LEG":"礼恩派","BK4585":"ETF&股票定投概念","BK4095":"家庭装饰品"},"translate_title":"Leggett&Platt批准关键高管的留任奖金","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LEG":0.9},"content_text":"Leggett & Platt Approves Retention Bonuses for Key Executives\n    \n\n        Leggett & Platt Inc. has approved new retention agreements for select key management personnel, according to a recent filing. Executive Vice President and CFO Benjamin M. Burns and EVP, President - Bedding Products J. Tyson Hagale will each receive retention payments of $618,000, amounting to 103% of their base salaries. EVP, President - Specialized Products and Furniture, Flooring & Textile Products R. Samuel Smith, Jr. will receive $540,750, also 103% of his base salary, while EVP & General Counsel Jennifer J. Davis will receive $630,875, representing 128.8% of her base salary. The payments are set for 2025 and are contingent on continued employment through December 23, 2026. Clawback provisions apply if an executive departs under certain conditions before the specified date. President and CEO Karl G. Glassman did not receive a retention agreement.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Leggett & Platt Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-335373), on December 29, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2595875875","isCrawlerRequest":true}