LZB · La-Z-Boy Inc · Executive Compensation

$29.98 -0.42 (-1.38%) At close · Oct 23

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$1.20B

40.05M

Volume · Oct 23 549.57K Avg daily vol (3M) 670.34K

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 2026

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Melinda Whittington	CEO	$1,063,000	—	$4,711,847	—	$1,261,719	$259,409	$7,295,975
Melinda D. Whittington	Board Chair, President and Chief Executive Officer	$1,063,000	—	$4,711,847	—	$1,261,719	$259,409	$7,295,975
Taylor E. Luebke	Senior Vice President and Chief Financial Officer	$476,667	—	$830,440	—	$339,252	$54,665	$1,701,024
Robert Sundy II	President, Retail	$517,833	—	$696,841	—	$319,578	$65,324	$1,599,576
Terrence J. Linz	President, Wholesale Brands	$504,167	—	$671,589	—	$310,945	$48,873	$1,535,574
Michael A. Leggett	Senior Vice President and Chief Supply Chain Officer	$470,667	—	$609,365	—	$335,067	$52,623	$1,467,722

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Melinda D. Whittington	Board Chair, President and Chief Executive Officer	$1,021,333	—	$4,107,199	—	$1,261,915	$273,317	$6,663,764
Melinda Whittington	CEO	$1,021,333	—	$4,107,199	—	$1,261,915	$273,317	$6,663,764
Robert G. Lucian	Former Senior Vice President and Chief Financial Officer	$532,186	—	$1,005,087	—	$415,749	$60,093	$2,013,115
Robert Lucian	Former Senior Vice President and Chief Financial Officer	$532,186	—	$1,005,087	—	$415,749	$60,093	$2,013,115
Michael A. Leggett	Senior Vice President and Chief Supply Chain Officer	$449,167	—	$594,806	—	$346,861	$56,331	$1,447,165
Robert Sundy II	President, La-Z-Boy Brand and Chief Commercial Officer	$494,167	—	$577,592	—	$305,299	$61,171	$1,438,229
Terrence J. Linz	President, Portfolio Brands	$476,667	—	$559,564	—	$294,501	$45,205	$1,375,937
Taylor E. Luebke	Senior Vice President and Chief Financial Officer	$348,417	—	$384,133	—	$193,201	$26,815	$952,566

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Melinda Whittington	CEO	$981,667	—	$3,553,220	—	$1,083,606	$253,617	$5,872,110
Melinda D. Whittington	Board Chair, President and Chief Executive Officer	$981,667	—	$3,553,220	—	$1,083,606	$253,617	$5,872,110
Robert Lucian	Former Senior Vice President and Chief Financial Officer	$520,833	—	$909,078	—	$359,312	$64,302	$1,853,525
Robert G. Lucian	Former Senior Vice President and Chief Financial Officer	$520,833	—	$909,078	—	$359,312	$64,302	$1,853,525
Rebecca M. Reeder	President, Retail La-Z-Boy	$460,000	—	$802,319	—	$253,920	$15,260	$1,531,499
Robert Sundy II	President, La-Z-Boy Brand and Chief Commercial Officer	$480,000	—	$548,541	—	$264,960	$48,442	$1,341,943
Michael A. Leggett	Senior Vice President and Chief Supply Chain Officer	$430,850	—	$532,616	—	$297,224	$50,541	$1,311,231

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Melinda Whittington	CEO	$941,667	—	$2,735,585	$800,001	$1,356,876	$149,858	$5,983,987
Melinda D. Whittington	Board Chair, President and Chief Executive Officer	$941,667	—	$2,735,585	$800,001	$1,356,876	$149,858	$5,983,987
Robert Lucian	Former Senior Vice President and Chief Financial Officer	$495,833	—	$670,014	$195,936	$487,134	$51,771	$1,900,688
Robert G. Lucian	Former Senior Vice President and Chief Financial Officer	$495,833	—	$670,014	$195,936	$487,134	$51,771	$1,900,688
Otis S. Sawyer	Former Senior Vice President and President, La-Z-Boy Portfolio Brands	$486,851	—	$592,851	$173,373	$382,665	$41,962	$1,677,702
Michael A. Leggett	Senior Vice President and Chief Supply Chain Officer	$408,417	—	$427,450	$125,002	$401,260	$26,939	$1,389,068
Robert Sundy II	President, La-Z-Boy Brand and Chief Commercial Officer	$436,583	—	$344,503	$100,749	$314,532	$35,212	$1,231,579

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Melinda D. Whittington	President and Chief Executive Officer	$913,037	—	$1,449,683	$1,250,004	$1,425,600	$760,470	$5,798,794
Melinda Whittington	CEO	$913,037	—	$1,449,683	$1,250,004	$1,425,600	$760,470	$5,798,794
Darrell D. Edwards	Senior Vice President and Chief Operating Officer	$547,329	—	$387,060	$333,747	$590,879	$296,999	$2,156,014
Robert G. Lucian	Senior Vice President and Chief Financial Officer	$478,403	—	$344,302	$296,877	$513,000	$242,978	$1,875,560
Robert Lucian	Senior Vice President and Chief Financial Officer	$478,403	—	$344,302	$296,877	$513,000	$242,978	$1,875,560
Otis S. Sawyer	Former Senior Vice President and President, La-Z-Boy Portfolio Brands	$472,577	—	$267,319	$230,499	$408,306	$229,310	$1,608,011
Raphael Z. Richmond	Vice President, General Counsel and Chief Compliance Officer	$341,908	—	$150,746	$130,004	$244,257	$144,746	$1,011,661

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kurt L. Darrow	Chairman, President and Chief Executive Officer	$923,982	—	$1,535,438	$1,320,003	$1,821,569	$1,109,433	$6,710,425
Kurt Darrow	Chairman, President and Chief Executive Officer	$923,982	—	$1,535,438	$1,320,003	$1,821,569	$1,109,433	$6,710,425
Melinda Whittington	CEO	$487,366	—	$404,948	$348,126	$626,614	$319,321	$2,186,375
Melinda D. Whittington	President and Chief Executive Officer	$487,366	—	$404,948	$348,126	$626,614	$319,321	$2,186,375
Darrell D. Edwards	Senior Vice President and Chief Operating Officer	$467,241	—	$388,226	$333,751	$600,740	$307,328	$2,097,286
Otis S. Sawyer	Former Senior Vice President and President, La-Z-Boy Portfolio Brands	$398,942	—	$268,133	$230,505	$414,900	$235,581	$1,548,061
Stephen K. Krull	Vice President, General Counsel and Secretary	$351,743	—	$187,046	$160,799	$301,495	$191,129	$1,192,212

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kurt L. Darrow	Chairman, President and Chief Executive Officer	$1,006,814	—	$1,999,820	$659,917	$868,377	$721,194	$5,256,122
Kurt Darrow	Chairman, President and Chief Executive Officer	$1,006,814	—	$1,999,820	$659,917	$868,377	$721,194	$5,256,122
Melinda D. Whittington	President and Chief Executive Officer	$528,448	—	$527,407	$174,037	$297,252	$225,207	$1,752,351
Melinda Whittington	CEO	$528,448	—	$527,407	$174,037	$297,252	$225,207	$1,752,351
Darrell D. Edwards	Senior Vice President and Chief Operating Officer	$505,074	—	$505,630	$166,851	$284,104	$219,209	$1,680,868
Otis S. Sawyer	Senior Vice President and President of La-Z-Boy Portfolio Brands	$441,019	—	$349,191	$115,233	$198,459	$179,282	$1,283,184
Stephen K. Krull	Vice President, General Counsel and Secretary	$384,909	—	$247,239	$81,591	$144,341	$142,182	$1,000,262

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kurt L. Darrow	Chairman, President and Chief Executive Officer	$1,019,980	—	$1,339,068	$1,281,250	$1,841,575	$1,079,137	$6,561,010
Kurt Darrow	Chairman, President and Chief Executive Officer	$1,019,980	—	$1,339,068	$1,281,250	$1,841,575	$1,079,137	$6,561,010
Melinda D. Whittington	Senior Vice President and Chief Financial Officer	$457,684	—	$1,005,917	$328,129	$538,923	$88,828	$2,419,481
Melinda Whittington	CFO	$457,684	—	$1,005,917	$328,129	$538,923	$88,828	$2,419,481
Darrell D. Edwards	Senior Vice President and Chief Operating Officer	$490,824	—	$322,696	$308,752	$577,945	$275,247	$1,975,464
Otis S. Sawyer	Senior Vice President and President of La-Z-Boy Portfolio Brands	$445,750	—	$234,097	$223,996	$419,896	$220,663	$1,544,402

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kurt L. Darrow	Chairman, President and Chief Executive Officer	$989,981	—	$1,277,607	$1,243,749	$478,161	$444,203	$4,433,701
Kurt Darrow	Chairman, President and Chief Executive Officer	$989,981	—	$1,277,607	$1,243,749	$478,161	$444,203	$4,433,701
Darrell D. Edwards	Senior Vice President and Chief Operating Officer	$466,658	—	$304,937	$296,875	$146,997	$118,107	$1,333,574
Otis S. Sawyer	Senior Vice President and President of La-Z-Boy Portfolio Brands	$431,538	—	$373,303	$217,499	$108,748	$93,113	$1,224,201

Executive changes

Person	Role	Change	Effective	Filed
William C. Boor	Board of Directors	Appointed	2025-12-08	2025-12-09
Taylor E. Luebke	Senior Vice President and Chief Financial Officer	Appointed	2025-01-01	2024-10-10
Robert G. Lucian	Senior Vice President and Chief Financial Officer	Retired	2025-04-26	2024-10-10
Matthew Baer	Board of Directors	Appointed	2025-01-01	2024-09-16
Melinda D. Whittington	Director	Appointed	2024-08-27	2024-08-28
Rebecca L. O’Grady	Director	Appointed	2024-08-27	2024-08-28
Lauren B. Peters	Director	Appointed	2024-08-27	2024-08-28
Michael T. Lawton	Director	Appointed	2024-08-27	2024-08-28
Mark S. LaVigne	Director	Appointed	2024-08-27	2024-08-28
Janet E. Kerr	Director	Appointed	2024-08-27	2024-08-28
Raza S. Haider	Director	Appointed	2024-08-27	2024-08-28
James P. Hackett	Director	Appointed	2024-08-27	2024-08-28
Sarah M. Gallagher	Director	Appointed	2024-08-27	2024-08-28
Erika L. Alexander	Director	Appointed	2024-08-27	2024-08-28
Raza S. Haider	Director	Appointed	2023-06-27	2023-06-28
Mark S. LaVigne	Board of Directors	Appointed	2023-02-28	2023-02-28
Otis S. Sawyer	Senior Vice President and President, La-Z-Boy Portfolio Brands	Retired	2023-06-30	2022-12-08
Lauren B. Peters	Director	Appointed	2022-08-30	2022-08-31
Melinda D. Whittington	Director	Appointed	2022-08-30	2022-08-31
Rebecca L. O’Grady	Director	Appointed	2022-08-30	2022-08-31
Michael T. Lawton	Director	Appointed	2022-08-30	2022-08-31
W. Alan McCollough	Director	Appointed	2022-08-30	2022-08-31
Janet E. Kerr	Director	Appointed	2022-08-30	2022-08-31
Sarah M. Gallagher	Director	Appointed	2022-08-30	2022-08-31
James P. Hackett	Director	Appointed	2022-08-30	2022-08-31

Leadership

Melinda D. Whittington CEO, Board Member
Kurt L. Darrow Chairman
Taylor E. Luebke CFO
Darrell D. Edwards COO
Raphael Z. Richmond General Counsel
Jennifer L. McCurry Chief Accounting Officer
Erika L. Alexander Board Member
James P. Hackett Board Member
Janet E. Kerr Board Member
Kurt Darrow Board Member
Lauren B. Peters Board Member
Mark S. LaVigne Board Member
Matthew Baer Board Member
Melinda Whittington Board Member
Raza S. Haider Board Member
Rebecca L. O'Grady Board Member
Rebecca L. O’Grady Board Member
Sarah M. Gallagher Board Member
William C. Boor Board Member

Key facts CIK 57131 CUSIP 505336107 13F (30d) 39 filings 39 filers Visit website Investor relations