FLXS · Flexsteel Industries Inc · Executive Compensation

$81.40 -1.34 (-1.62%) At close · Sep 11

Russell 2000 member Rebalance outlook locked

Market Cap

$333.07M

4.09M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerald Dittmer	President and Chief Executive Officer	$735,000	—	$992,227	—	$1,234,800	$52,998	$3,015,025
David E. Crimmins	Vice President of Sales and Product Management	$335,000	—	$234,484	—	$281,400	$30,463	$881,347

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerald Dittmer	President and Chief Executive Officer	$735,000	—	$1,392,227	—	$890,820	$43,990	$3,062,037
Derek Schmidt	CEO	$470,000	—	$446,465	—	$493,500	$50,680	$1,460,645
Derek P. Schmidt	Current President and Chief Executive Officer and Former Chief Financial Officer and Chief Operating Officer	$470,000	—	$446,465	—	$493,500	$50,680	$1,460,645

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerald Dittmer	President and Chief Executive Officer	$735,000	—	$918,723	—	$291,060	$41,279	$1,986,061
Derek P. Schmidt	Chief Financial Officer and Chief Operating Officer	$437,000	—	$371,450	—	$108,158	$26,476	$943,084
Derek Schmidt	CFO	$437,000	—	$371,450	—	$108,158	$26,476	$943,084
David E. Crimmins	Vice President Sales	$280,000	—	$292,953	—	$55,440	$16,788	$645,181

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerald Dittmer	President and Chief Executive Officer	$656,250	—	$875,001	$60,000	$1,141,491	$40,439	$2,773,181
Derek P. Schmidt	Chief Financial Officer and Chief Operating Officer	$393,750	—	$272,999	$35,000	$456,200	$189,227	$1,347,176
Derek Schmidt	CFO	$393,750	—	$272,999	$35,000	$456,200	$189,227	$1,347,176
Timothy P. Newlin	Vice President Product Management	$300,000	—	$180,006	—	$253,215	$24,986	$758,207

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerald Dittmer	President and Chief Executive Officer	$663,542	—	$874,993	—	—	$51,679	$1,590,214
Marcus D. Hamilton	Chief Financial Officer (terminated 3/20/2020)	$261,923	$108,000	$715,985	—	—	$359,524	$1,445,432
Timothy P. Newlin	Vice President Product Management	$272,112	$84,000	$667,989	—	—	$34,016	$1,058,117
Derek P. Schmidt	Chief Financial Officer and Chief Operating Officer	$82,923	$151,920	$537,441	$122,000	—	$17,654	$911,938
Derek Schmidt	CFO	$82,923	$151,920	$537,441	$122,000	—	$17,654	$911,938

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Jerald Dittmer	President and Chief Executive Officer	$350,000	$408,478	$728,765	$410,550	—	$327,479	$2,225,272
Marcus D. Hamilton	Chief Financial Officer (terminated 3/20/2020)	$350,000	—	$662,911	—	—	$38,394	$1,051,305
Timothy P. Newlin	Vice President Marketing and Product Management	$230,000	—	$313,287	$46,685	—	$18,789	$608,761

Executive changes

Person	Role	Change	Effective	Filed
F. Brooks Bertsch	Director	Resigned	2026-04-28	2026-04-28
Jeanne McGovern	Chair of the Board	Appointed	—	2025-10-09
Thomas M. Levine	Board of Directors	Resigned	2025-12-10	2025-10-09
Terence P. Calloway	Class I director	Appointed	2025-05-21	2025-05-21

Key facts CIK 37472 CUSIP 339382103 13F (30d) 39 filings 39 filers Visit website Investor relations