The latest announcement is out from Leggett & Platt ( (LEG) ).
On February 25, 2025, Leggett & Platt announced the retirement of directors Mark A. Blinn and Manuel A. Fernandez, effective immediately before the 2025 annual shareholder meeting on May 7, 2025. Consequently, the board reduced its number of directors from ten to eight. Additionally, the company set the 2025 base salaries for its executive officers, with some increases for certain executives, and established the 2025 Key Officers Incentive Plan (KOIP) targets and award formulas. These changes reflect the company’s ongoing adjustments to its leadership and compensation structures, potentially impacting its strategic direction and stakeholder relations.
More about Leggett & Platt
YTD Price Performance: -4.49%
Average Trading Volume: 1,914,158
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.23B
For detailed information about LEG stock, go to TipRanks’ Stock Analysis page.