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Karl G. Glassman net worth and biography

Karl Glassman Biography and Net Worth

Chairman of Leggett & Platt

Mr. Glassman was first appointed Chairman of the Board in 2020, during his tenure as the Company’s Chief Executive Officer which began in 2016. Following his retirement as CEO in 2021, he held the position of Executive Chairman until his retirement in May 2023 and continues as the Board Chairman. He previously served as 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 has announced his decision to retire as an executive officer of the Company as of the date of the Annual Meeting. Education Mr. Glassman holds a degree in business management and finance from California State University—Long Beach. Director Qualifications As the Company’s former 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 $15.34 million as of August 5th, 2022. Mr. Glassman owns 852,950 shares of Leggett & Platt stock worth more than $15,344,571 as of April 28th. This net worth evaluation does not reflect any other assets that Mr. Glassman may own. Learn More about Karl G. Glassman's net worth.
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 in the last ninety days. Most recently, Karl G. Glassman sold 26,401 shares of the business's stock in a transaction on Friday, August 5th. The shares were sold at an average price of $40.53, for a transaction totalling $1,070,032.53. Following the completion of the sale, the chairman now directly owns 852,950 shares of the company's stock, valued at $34,570,063.50. Learn More on Karl G. Glassman's trading history.
Who are Leggett & Platt's active insiders?: Leggett & Platt's insider roster includes Robert Brunner (Director), Scott Douglas (SVP), Karl Glassman (Chairman), Joseph Mcclanathan (Director), Susan McCoy (SVP), Judy Odom (Director), and Phoebe Wood (Director). Learn More on Leggett & Platt's active insiders.
Are insiders buying or selling shares of Leggett & Platt?: In the last year, insiders at the sold shares 1 times. They sold a total of 6,000 shares worth more than $195,660.00. The most recent insider tranaction occured on May, 23rd when Director Phoebe A Wood sold 6,000 shares worth more than $195,660.00. Insiders at Leggett & Platt own 1.6% of the company. Learn More about insider trades at Leggett & Platt.
Information on this page was last updated on 5/23/2023.

Karl G. Glassman Insider Trading History at Leggett & Platt

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/5/2022	Sell	26,401	$40.53	$1,070,032.53	852,950
10/31/2019	Sell	11,210	$51.88	$581,574.80	568,645
9/16/2019	Sell	10,683	$42.13	$450,074.79	460,505
3/15/2018	Sell	10,000	$47.41	$474,100.00
5/8/2017	Sell	13,277	$53.79	$714,169.83	337,455
2/8/2017	Sell	75,388	$48.61	$3,664,610.68	341,472
2/6/2017	Sell	79,772	$48.74	$3,888,087.28	416,860
8/26/2016	Sell	20,000	$52.49	$1,049,800.00	459,850
6/17/2016	Sell	22,580	$50.07	$1,130,580.60	475,937
3/18/2016	Sell	15,000	$48.13	$721,950.00	508,634
2/5/2015	Sell	21,600	$43.80	$946,080.00
11/6/2014	Sell	7,207	$39.73	$286,334.11
7/28/2014	Sell	22,009	$33.59	$739,282.31
6/18/2013	Sell	48,547	$32.54	$1,579,719.38
8/9/2012	Sell	43,970	$23.27	$1,023,181.90

Karl G. Glassman Buying and Selling Activity at Leggett & Platt

Leggett & Platt Company Overview

Leggett & Platt, Incorporated designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, specialty foam chemicals and additives, innersprings, specialty foam for use in bedding and furniture, private label finished mattresses, ready-to-assemble mattress foundations, static foundations, and adjustable beds, as well as machines for producing innersprings; industrial sewing and quilting machines; mattress-packaging; and glue-drying equipment for various industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, E-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems; motors and actuators; cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs; control devices for chairs; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components for manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. Leggett & Platt, Incorporated was founded in 1883 and is headquartered in Carthage, Missouri.

Today's Range

Now: $17.99

$17.98

$18.25

50 Day Range

MA: $19.12

$17.31

$20.84

2 Week Range

Now: $17.99

$17.19

$33.50

Volume

1,510,890 shs

Average Volume

1,482,541 shs

Market Capitalization

$2.41 billion

P/E Ratio

N/A

Dividend Yield

10.23%

Beta

1.17