Leggett & Platt Announces Executive Promotions And Revised Segment Structure
Executive Promotions
Karl Glassman , the Company's President and Chief Executive Officer, will become Chairman of the Board and will maintain his current position as Chief Executive Officer.Mitch Dolloff will assume the role of President and will maintain his current position as Chief Operating Officer. He will serve as President of the new Bedding Products segment until a successor segment president is appointed. Mitch will also join Leggett's Board of Directors.Steve Henderson , Vice President and President of Leggett'sAutomotive Group , will become Executive Vice President and President of the Specialized Products segment and the new Furniture, Flooring & Textile Products segment.
Karl joined
Mitch joined the Company in 2000 in the Mergers & Acquisitions department and then served as President of the Tubular Products Division. In 2007, he assumed the role of Director of Business Development for the Specialized Products segment. Mitch was appointed President of the Automotive Asia Division in 2011 and President of the
Steve joined
President and CEO
Revised Segment Structure
With the changes in executive officer leadership, the Company's management organizational structure and all related internal reporting will change effective
The modified structure will consist of three segments, seven groups and 15 business units organized as follows:
Bedding Products |
Specialized Products |
Furniture, Flooring & Textile |
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BEDDING GROUP |
AUTOMOTIVE GROUP |
HOME FURNITURE |
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U.S. Spring |
Automotive |
Home Furniture |
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International Spring |
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Specialty Foam |
AEROSPACE PRODUCTS GROUP |
WORK FURNITURE GROUP |
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Adjustable Bed |
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Steel Rod |
Aerospace Products |
Work Furniture |
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Drawn Wire |
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Machinery |
HYDRAULIC CYLINDERS |
FLOORING & TEXTILE |
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Hydraulic Cylinders |
Flooring Products Fabric Converting |
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Geo Components |
FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com.
COMPANY DESCRIPTION: At
CONTACT: Investor Relations, (417) 358-8131 or invest@leggett.com
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