CARTHAGE, Mo. — During its annual meeting of shareholders this morning, Leggett & Platt shareholders elected eight proposed nominees as directors, ratified PricewaterhouseCoopers as public accountant, endorsed compensation for executive officers and approved the amendment and restatement of L&P‘s flexible stock plan.
Prior to the annual meeting, Manuel Fernandez and Mark Blinn retired from the board, effective Feb. 25. As a result, the board reduced the number of directors from ten to eight.
“On behalf of the Company, I would like to thank Manny and Mark for their service to Leggett,” said Karl Glassman, chairman, president and CEO. “Manny, as a long-time director, has significantly contributed to the company with his insightful guidance and unwavering commitment. Since joining the board in 2019, Mark has offered invaluable insights that have greatly benefited the company.”
In addition, the board of directors declared a dividend of 5 cents per share for the second quarter 2025. The dividend will be paid on July 15 to shareholders of record on June 13.