The estimated Net Worth of Kurt L Darrow is at least $30.9 Million dollars as of 30 December 2021. Mr. Darrow owns over 70,000 units of La-Z-Boy stock worth over $3,920,880 and over the last 21 years he sold LZB stock worth over $21,690,453. In addition, he makes $5,256,120 as Chairman of the Board, President, and Chief Executive Officer at La-Z-Boy.
Kurt has made over 25 trades of the La-Z-Boy stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 70,000 units of LZB stock worth $2,529,800 on 30 December 2021.
The largest trade he's ever made was exercising 203,432 units of La-Z-Boy stock on 28 February 2019 worth over $4,375,822. On average, Kurt trades about 19,715 units every 79 days since 2003. As of 30 December 2021 he still owns at least 98,713 units of La-Z-Boy stock.
You can see the complete history of Mr. Darrow stock trades at the bottom of the page.
Kurt L. Darrow serves as Chairman of the Board, President, Chief Executive Officer of the Company. He has been director since 2003, and is currently chairman (since 2011), president and chief executive officer (since 2003). Since joining the company in 1979, he has served in positions of increased responsibility, including president of La-Z-Boy Residential, the company's division. He is a member of the Business Leaders for Michigan, a non-profit executive leadership organization, and serves on its executive committee. He served as chairman of the American Home Furnishings Alliance (an industry association) and continues to serves on its board. He is a member of the board of directors of the Mercy Memorial Hospital Corporation in Monroe, Michigan. He served as a Trustee of Adrian College (Adrian, Michigan) for nine years, until May 2011.
As the Chairman of the Board, President, and Chief Executive Officer of La-Z-Boy, the total compensation of Kurt Darrow at La-Z-Boy is $5,256,120. There are no executives at La-Z-Boy getting paid more.
Kurt Darrow is 65, he's been the Chairman of the Board, President, and Chief Executive Officer of La-Z-Boy since 2011. There are 4 older and 12 younger executives at La-Z-Boy. The oldest executive at La-Z-Boy Inc. is Nido Qubein, 71, who is the Independent Director.
Kurt's mailing address filed with the SEC is ONE ENERGY PLAZA, , JACKSON, MI, 49201.
Over the last 21 years, insiders at La-Z-Boy have traded over $44,265,393 worth of La-Z-Boy stock and bought 169,155 units worth $1,783,693 . The most active insiders traders include Kurt L Darrow, James P Hackett, and Lauren B Peters. On average, La-Z-Boy executives and independent directors trade stock every 36 days with the average trade being worth of $768,423. The most recent stock trade was executed by Janet Kerr on 5 September 2024, trading 3,890 units of LZB stock currently worth $159,062.
la-z-boy incorporated is one of the world's leading residential furniture producers, marketing furniture for every room of the home. our state-of-the-art world headquarters, located in monroe, mi, is just a short drive from the ann arbor, metro detroit and toledo areas. notably, our building was recently awarded the leed silver certification by the u.s. green building council. la-z-boy’s network of 300+ retail stores span across the u.s. and canada, and our vast distribution network allows our product to reach consumers and retailers across the globe. we are also proud that our u.s. based manufacturing plants and regional distribution centers achieved record performances for safety this past year, establishing new records for the u.s. furniture industry. further, we understand that being a great employer also means being a good corporate citizen. as such, la-z-boy and the la-z-boy foundation contributed almost $3 million in financial and product donations to non-profit organizations th
La-Z-Boy executives and other stock owners filed with the SEC include: