Karl G.  Glassman net worth and biography

Karl Glassman Biography and Net Worth

President, CEO, Director of Leggett & Platt

Mr. Glassman was appointed President and Chief Executive Officer of the Company in May 2024 after a one-year retirement. He served as the Company’s Executive Chairman of the Board from 2022 until May 2023 and was first appointed Chairman of the Board in 2020, a position he continues to hold. Mr. Glassman served as the Company's Chief Executive Officer from 2016 to 2021, President from 2013 to 2019, Chief Operating Officer from 2006 to 2015, Executive Vice President from 2002 to 2013, President of the former Residential Furnishings Segment from 1999 to 2006, Senior Vice President from 1999 to 2002, and in various capacities since 1982.

Mr. Glassman holds a degree in business management and finance from California State University—Long Beach.

As the Company’s President and CEO with decades of experience in Leggett’s senior management team, Mr. Glassman offers exceptional knowledge of the Company’s operations, strategy and governance, as well as its customers and end markets. Mr. Glassman also served on the Board of Directors of the National Association of Manufacturers through the end of 2022.

What is Karl G. Glassman's net worth?

The estimated net worth of Karl G. Glassman is at least $13.34 million as of May 31st, 2024. Mr. Glassman owns 1,151,891 shares of Leggett & Platt stock worth more than $13,342,353 as of December 13th. This net worth evaluation does not reflect any other assets that Mr. Glassman may own. Additionally, Mr. Glassman receives a salary of $58,300.00 as President, CEO, Director at Leggett & Platt. Learn More about Karl G. Glassman's net worth.

How old is Karl G. Glassman?

Mr. Glassman is currently 66 years old. There are 6 older executives and no younger executives at Leggett & Platt. Learn More on Karl G. Glassman's age.

What is Karl G. Glassman's salary?

As the President, CEO, Director of Leggett & Platt, Incorporated, Mr. Glassman earns $58,300.00 per year. There are 3 executives that earn more than Mr. Glassman. The highest earning executive at Leggett & Platt is Mr. J. Mitchell Dolloff, Executive Officer, who commands a salary of $2,940,000.00 per year. Learn More on Karl G. Glassman's salary.

How do I contact Karl G. Glassman?

The corporate mailing address for Mr. Glassman and other Leggett & Platt executives is NO. 1 LEGGETT ROAD, CARTHAGE MO, 64836. Leggett & Platt can also be reached via phone at (417) 358-8131 and via email at [email protected]. Learn More on Karl G. Glassman's contact information.

Has Karl G. Glassman been buying or selling shares of Leggett & Platt?

Karl G. Glassman has not been actively trading shares of Leggett & Platt during the last quarter. Most recently, on Friday, May 31st, Karl G. Glassman bought 23,800 shares of Leggett & Platt stock. The stock was acquired at an average cost of $11.48 per share, with a total value of $273,224.00. Following the completion of the transaction, the chief executive officer now directly owns 1,151,891 shares of the company's stock, valued at $13,223,708.68. Learn More on Karl G. Glassman's trading history.

Who are Leggett & Platt's active insiders?

Leggett & Platt's insider roster includes Mark Blinn (Director), Robert Brunner (Director), Benjamin Burns (CFO), Jennifer Davis (Executive Vice President – General Counsel), Scott Douglas (SVP), Karl Glassman (President, CEO, Director), Ryan Kleiboeker (Executive Vice President – Chief Strategic Planning Officer), Joseph Mcclanathan (Director), Susan McCoy (SVP), Judy Odom (Director), Srikanth Padmanabhan (Director), and Phoebe Wood (Director). Learn More on Leggett & Platt's active insiders.

Karl G. Glassman Insider Trading History at Leggett & Platt

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/31/2024Buy23,800$11.48$273,224.001,151,891View SEC Filing Icon  
8/5/2022Sell26,401$40.53$1,070,032.53852,950View SEC Filing Icon  
10/31/2019Sell11,210$51.88$581,574.80568,645View SEC Filing Icon  
9/16/2019Sell10,683$42.13$450,074.79460,505View SEC Filing Icon  
3/15/2018Sell10,000$47.41$474,100.00View SEC Filing Icon  
5/8/2017Sell13,277$53.79$714,169.83337,455View SEC Filing Icon  
2/8/2017Sell75,388$48.61$3,664,610.68341,472View SEC Filing Icon  
2/6/2017Sell79,772$48.74$3,888,087.28416,860View SEC Filing Icon  
8/26/2016Sell20,000$52.49$1,049,800.00459,850View SEC Filing Icon  
6/17/2016Sell22,580$50.07$1,130,580.60475,937View SEC Filing Icon  
3/18/2016Sell15,000$48.13$721,950.00508,634View SEC Filing Icon  
2/5/2015Sell21,600$43.80$946,080.00View SEC Filing Icon  
11/6/2014Sell7,207$39.73$286,334.11View SEC Filing Icon  
7/28/2014Sell22,009$33.59$739,282.31View SEC Filing Icon  
6/18/2013Sell48,547$32.54$1,579,719.38View SEC Filing Icon  
8/9/2012Sell43,970$23.27$1,023,181.90View SEC Filing Icon  
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Karl G. Glassman Buying and Selling Activity at Leggett & Platt

This chart shows Karl G Glassman's buying and selling at Leggett & Platt by year and by quarter.

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Leggett & Platt Company Overview

Leggett & Platt logo
Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products. The Bedding Products segment supplies products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Specialized Products segment supplies titanium, nickel, and stainless-steel tubing for the aerospace industry, and serves the construction market with its hydraulic cylinders group. The Flooring, Furniture & Textile Products segment produces an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The company was founded by J. P. Products and C. B. Platt in 1883 and is headquartered in Carthage, MO.
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Today's Range

Now: $11.58
Low: $11.54
High: $11.85

50 Day Range

MA: $9.59
Low: $8.48
High: $11.92

2 Week Range

Now: $11.58
Low: $6.47
High: $12.03

Volume

2,125,641 shs

Average Volume

2,300,766 shs

Market Capitalization

$1.57 billion

P/E Ratio

7.19

Dividend Yield

1.70%

Beta

0.75