In 2015, David S. Haffner earned $6.16M in total compensation at Leggett & Platt, including $1.13M salary, $1.82M bonus and $525.25K in stock. Most recently acquired 339 shares in Dec 2015. Currently holds stock worth $14.96M. Has donated $8.02M in stock to charitable causes. Led Leggett & Platt as CEO for 9 years.
Compensation History
Annual executive compensation data for David S. Haffner, including salary, bonuses, and stock awards.
Year
2015
Total Compensation
$6.16M
Salary
$1.13M
Bonus
$1.82M
Other
$2.68M
Salary
$1.13MBoard Justification
The compensation philosophy emphasizes performance-based equity programs over cash compensation, aligning executive compensation with annual and long-term performance, and providing greater rewards for superior performance while holding executives accountable for underperformance.
Bonus
$1.82MBoard Justification
Annual cash bonuses for calendar years 2015 based on the Company’s Key Officers Incentive Plan, with a target incentive percentage of 115% of base salary.
Other Compensation
$2.68MBoard Justification
Includes various forms of compensation such as medical coverage, retirement contributions, and other benefits.
Restricted Stock
Board Justification
Immediate vesting for the remaining 12,500 restricted stock units awarded to him in connection with the Employment Agreement, which vested on December 31, 2015.
Performance Metrics
Return on Capital Employed (ROCE) and Cash Flow, with specific targets set for the annual incentive plan.
David S. Haffner
Ex-CEO of Leggett & Platt
Education
Bachelor's Degree in Business Administration
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
February 17, 1953 - 72 years ago
CEO of Leggett & Platt for
9 years 7 months (May 2006 - Dec 2015)
Previous Experience
President of the Company, Chief Operating Officer
Other Leggett & Platt CEOs
Holdings
Track David S. Haffner's stock holdings and portfolio value over time.
Total Stock Sold
$7.47M
$7.47M
261,968 LEG shares
What if they kept their stock?
If David S. Haffner didn't sell their stock, today they would have:
Extra LEG261,968 shares worth $2.99M.
This is -60.02% and $4.48M less than what they got when they sold the stock.
Charitable Transactions
703,763.5 shares
LEG
Recent Charitable Transactions
350,113.5 shares
LEG
Dec 7, 2012
Charity
353,650 shares
LEG
Oct 8, 2012
Charity
Insider Trading
David S. Haffner's recent stock transactions, purchases, and sales filed with the SEC.
$11.97K
LEG at $35.37/share
Dec 23, 2015
Received
$11.97K
LEG at $35.71/share
Dec 11, 2015
Received
$11.97K
LEG at $38.83/share
Nov 25, 2015
Received
$11.97K
LEG at $36.38/share
Nov 13, 2015
Received
$1.20M
LEG at $46.26/share
Nov 9, 2015
Sale
$11.97K
LEG at $37.15/share
Oct 30, 2015
Received
$11.97K
LEG at $36.17/share
Oct 16, 2015
Received
$96.20K
LEG at $38.35/share
Oct 15, 2015
Received
$11.97K
LEG at $34.77/share
Oct 2, 2015
Received
$11.97K
LEG at $35.91/share
Sep 18, 2015
Received
Rivals
Compare David S. Haffner with competitor CEOs and industry peers.