| Business Summary | | Leggett
&
Platt,
Incorporated
is
a
diversified
manufacturer
of
a
wide
range
of
engineered
products.
The
Company
serves
markets
for
residential
furnishings,
commercial
furnishings,
aluminum
products,
industrial
materials
and
specialized
products.
The
Company's
residential
furnishings
products
include
a
broad
line
of
components
used
by
manufacturers
to
make
finished
bedding
and
residential
furniture
products.
The
Company
manufactures
a
variety
of
commercial
furnishings
products,
including
both
finished
products
and
components.
Leggett
&
Platt
die-casts
aluminum
components
for
use
in
a
number
of
different
industries,
primarily
for
non-automotive
applications.
The
Company
produces
drawn
steel
wire
and
welded
steel
tubing
as
well
as
specialty
wire
products.
The
Company
manufactures
components
primarily
for
automotive
interior
applications,
and
designs,
builds
and
sells
specialized
machinery
and
equipment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Leggett
and
Platt
is
a
manufacturer
of
a
wide
range
of
engineered
products
which
include
residential
and
commercial
furnishings,
aluminum
products,
industrial
materials
and
specialized
products.
For
the
six
months
ended
6/30/01,
net
sales
decreased
2%
to
$2.09
billion.
Net
income
decreased
35%
to
$96.9
million.
Revenues
reflect
lower
same-store
sales
and
a
weak
market
demand.
Earnings
also
reflect
acquisition
expenses
and
lower
gross
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Harry Cornell, Jr., 72 Chairman | $1.2M | -- | Felix Wright, 65 Vice
Chairman, Pres, CEO | 1.3M | -- | David Haffner, 48 Exec.
VP, COO, Director | 837K | $420K | Michael Glauber, 57 Sr.
VP-Fin. and Admin., Principal Financial Officer | 558K | -- | Bob Gaddy, 60 Sr.
VP; Chairman and CEO, Aluminum Products | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|