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 $12.99 million as of May 31st, 2024. Mr. Glassman owns 1,151,891 shares of Leggett & Platt stock worth more than $12,987,571 as of November 21st. 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 in the last ninety days. 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 Robert Brunner (Director), Scott Douglas (SVP), Karl Glassman (President, CEO, Director), 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, Leggett & Platt insiders bought shares 7 times. They purchased a total of 65,635 shares worth more than $773,446.50. The most recent insider tranaction occured on June, 6th when CFO Benjamin Michael Burns bought 3,850 shares worth more than $46,970.00. 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 6/6/2024.

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, 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.
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Today's Range

Now: $11.28
Low: $11.15
High: $11.35

50 Day Range

MA: $12.70
Low: $11.28
High: $14.12

2 Week Range

Now: $11.28
Low: $10.11
High: $27.58

Volume

1,869,897 shs

Average Volume

1,733,738 shs

Market Capitalization

$1.51 billion

P/E Ratio

N/A

Dividend Yield

1.75%

Beta

1.07