The pay package for Carthage-based Leggett & Platt's CEO for 2011 fell just short of making him a six million dollar man, according to a definitive proxy statement filed with the Securities and Exchange Commission.
David Haffner received $5,982,758 in 2011, including a base salary of $951,346, stock awards totaling $3,156,557, $667,366 in option awards, $742,176 for a non-equity incentive plan; $75,816 listed as change in pension value, and $389,495 for all other compensation.
The company's COO, Karl Glassman's pay package totaled $3,356,658.
The proxy statement indicated that Haffner would receive a $27,311,650, million severance package if Leggett has a change of control, $6,964,308 if he fired without cause, and even $688,632 if he decides to leave on his own.
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