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Last $26.95 USD
Change Today +0.26 / 0.97%
Volume 364.4K
As of 8:04 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Kurt L. Darrow

Chairman, Chief Executive Officer and President,La-Z-Boy Incorporated
AgeTotal Calculated CompensationThis person is connected to 195 board members in 6 different organizations across 7 different industries.

See Board Relationships
60$4,208,626
As of Fiscal Year 2015

Background*

Mr. Kurt L. Darrow has been the President and Chief Executive Officer of La-Z-Boy Inc. since September 9, 2003. Mr. Darrow served as the President of La-Z-Boy Residential, flagship brand and largest division of La-z-boy Inc. from 2001 to 2003. He served as Senior Vice President of Sales & Marketing of La-z-boy Inc. and served as its Vice President, Sales for nearly 12 years. Mr. Darrow played a pivotal role in the successful introduction and evolution of La-z-boy Inc.'s ...

Read Full Background

Corporate Headquarters*

One La-Z-Boy Drive
Monroe, Michigan 48162

United States

Phone: 734-242-1444
Fax: --

Board Members Memberships*

Trustee
Director
Director
2003-Present
Chairman, Chief Executive Officer and President
2013-Present
Independent Director, Member of Compensation & Human Resources Committee and Member of Finance Committee
2013-Present
Director, Member of Compensation & Human Resources Committee and Member of Finance Committee

Education*

BA
Adrian College

Other Affiliations*

Annual Compensation*

Salary$904,983
Total Annual Compensation$904,983

Stock Options*

Restricted Stock Awards$1,137,501
All Other Compensation$422,301
Exercisable Options177,184
Exercisable Options Value$2,877,213
Unexercisable Options260,806
Unexercisable Options Value$2,325,618
Total Value of Options$5,202,830
Total Number of Options437,990

Total Compensation*

Total Annual Cash Compensation$1,933,622
Total Short Term Compensation$904,983
Other Long Term Compensation$1,559,802
Total Calculated Compensation$4,208,626
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
M. Farooq Kathwari Chairman, Chief Executive Officer and President
Ethan Allen Interiors Inc.
$1.2M
Andrew B. Cogan Chief Executive Officer, Acting President and Director
Knoll, Inc.
$816.0K
Shelly R. Ibach Chief Executive Officer, President and Executive Director
Select Comfort Corporation
$697.8K
Todd M. Cleveland Chief Executive Officer, President and Director
Patrick Industries Inc.
$1.0M
Alexander W. Smith Chief Executive Officer, President and Director
Pier 1 Imports, Inc.
$1.3M
Compensation as of Fiscal Year 2014.

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