Last $25.23 USD
Change Today +0.25 / 1.00%
Volume 274.2K
LZB On Other Exchanges
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As of 8:04 PM 04/17/14 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 166 board members in 5 different organizations across 6 different industries.

See Board Relationships
58$3,592,340
As of Fiscal Year 2013

Background*

Mr. Kurt L. Darrow has been the President and Chief Executive Officer at La-Z-Boy Inc. of La-Z-Boy Showcase Shoppes Inc., since September 9, 2003. Mr. Darrow served as President of La-Z-Boy Residential, flagship brand and largest division of La-z-boy Inc. from 2001 to 2003. He also served as Senior Vice President, Sales and 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 ...

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Corporate Headquarters*

1284 North Telegraph Road
Monroe, Michigan 48162

United States

Phone: 734-242-1444
Fax: --

Board Members Memberships*

Director
Director
2003-Present
Chairman, Chief Executive officer and President
2013-Present
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$842,484
Total Annual Compensation$842,484

Stock Options*

Restricted Stock Awards$859,350
All Other Compensation$39,789
Exercised Options69,225
Exercised Options Value$1,002,346
Exercisable Options86,260
Exercisable Options Value$329,860
Unexercisable Options267,523
Unexercisable Options Value$2,278,902
Total Value of Options$3,611,107
Total Number of Options423,008

Total Compensation*

Total Annual Cash Compensation$1,758,456
Total Short Term Compensation$842,484
Other Long Term Compensation$899,139
Total Calculated Compensation$3,592,340
*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
Shelly R. Ibach Chief Executive Officer, President and Executive Director
Select Comfort Corporation
$660.0K
James C. Thyen Chief Executive Officer, President, Director and Member of Strategic Planning Committee
Kimball International, Inc.
$927.9K
Alexander W. Smith Chief Executive Officer, President, Director and Member of Executive Committee
Pier 1 Imports, Inc.
$1.1M
Martin Schwartz Chief Executive Officer, President, Director and Member of Disclosure Committee
Dorel Industries Inc.
C$854.2K
Compensation as of Fiscal Year 2013.

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