Current role
Furnishings, Fixtures & Appliances · Consumer Cyclical
COO, CEO, Board Member, CFO, Chief Accounting Officer
2020-04-06–present
Derek P. Schmidt
Board Member
Flexsteel Industries Inc (FLXS)Chief Accounting Officer
Flexsteel Industries Inc (FLXS)Equibles does not estimate personal net worth.
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Get FLXS alertsAbout Derek P. Schmidt
Derek P. Schmidt is recorded as CEO at Flexsteel Industries Inc (FLXS) since July 1, 2024, Board Member at Flexsteel Industries Inc (FLXS) since January 10, 2024, CFO at Flexsteel Industries Inc (FLXS) since May 30, 2023, Chief Accounting Officer at Flexsteel Industries Inc (FLXS) since April 6, 2020 and COO at Flexsteel Industries Inc (FLXS). The newest filing on record that lists Derek P. Schmidt as CEO at Flexsteel Industries Inc (FLXS) is dated October 23, 2026. The newest filing on record that lists Derek P. Schmidt as COO at Flexsteel Industries Inc (FLXS) is dated November 1, 2022. Flexsteel Industries Inc reported in an 8-K filed April 29, 2024 that Derek P. Schmidt was appointed Chief Executive Officer, effective July 1, 2024. Flexsteel Industries Inc reported in an 8-K filed January 11, 2024 that Derek P. Schmidt was appointed Board of Directors, effective January 10, 2024. Flexsteel Industries Inc reported in an 8-K filed January 11, 2024 that Derek P. Schmidt was appointed President, effective January 10, 2024. Equibles holds 5 filed executive changes naming Derek P. Schmidt; each is listed under recent activity with its source filing. The proxy statement of Flexsteel Industries Inc reports total compensation of $2,459,195 for Derek P. Schmidt in fiscal 2025, including a base salary of $570,000. Disclosed compensation is on record for 5 fiscal years. Flexsteel Industries Inc is classified in the Furnishings, Fixtures & Appliances industry within the Consumer Cyclical sector. Other leadership on record at Flexsteel Industries Inc includes Derek Schmidt (CEO, CFO and COO), Jeanne McGovern (Chairman and Board Member), Michael J. Ressler (CFO) and 7 others.
“On April 29, 2024, Flexsteel Industries, Inc. (the "Company") announced the appointment of Derek P. Schmidt to the position of Chief Executive Officer effective on July 1, 2024.”
“Mr. Schmidt will also be appointed to the Company’s Board of Directors effective January 10, 2024.”
Affiliation history
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Current
2024-07-01–present
Last confirmed October 23, 2026
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Current
2024-01-10–present
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Flexsteel Industries Inc (FLXS)
SEC 8-K
Current2024-01-10–present
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Current
2023-05-30–present
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Current
2020-04-06–present
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Current
Start not stated–present
Last confirmed November 1, 2022
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2023-05-30–2024-01-10
Company network
Leadership on record at Flexsteel Industries Inc
- Derek Schmidt CEO, CFO, COO
- Jeanne McGovern Chairman, Board Member
- Michael J. Ressler CFO
- Anand S. Kangala Board Member
- Jerald Dittmer Board Member
- Jerald K. Dittmer Board Member
- Kathryn P. Dickson Board Member
- M. Scott Culbreth Board Member
- Michael Scott Culbreth Board Member
- Terence P. Calloway Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Flexsteel Industries Inc (FLXS) | President and Chief Executive Officer | $570,000 | $2,459,195 |
| 2023 | Flexsteel Industries Inc (FLXS) | Current President and Chief Executive Officer and Former Chief Financial Officer and Chief Operating Officer | $470,000 | $1,460,645 |
| 2022 | Flexsteel Industries Inc (FLXS) | Chief Financial Officer and Chief Operating Officer | $437,000 | $943,084 |
| 2021 | Flexsteel Industries Inc (FLXS) | Chief Financial Officer and Chief Operating Officer | $393,750 | $1,347,176 |
| 2020 | Flexsteel Industries Inc (FLXS) | Chief Financial Officer and Chief Operating Officer | $82,923 | $911,938 |