Leggett & Platt, Incorporated announced that its Board of Directors has appointed Karl G. Glassman, age 65, as Chief Executive Officer, effective immediately. Karl will continue to serve as Board Chairman. This follows the decision by J. Mitchell Dolloff to resign as Chief Executive Officer also effective immediately, having mutually agreed with the Board that now is the right time for a change in leadership at Leggett & Platt.

Mitch will serve in a consulting capacity for one year to assist in the transition. Mr. Glassman previously served as the Company?s Executive Chairman of the Board from 2022 until his retirement in May 2023. He also served as the Company?s Chief Executive Officer from 2016 to 2021, as 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 former 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 customers and end markets. Mr. Glassman also served on the Board of Directors of the National Association of Manufacturers through the end of 2022.

He has been a director of the Company since 2002.