LZB

LA-Z-BOY INC

various other countries, in  •  FY2026 Annual Report
NYSE 10,600 employees H-1B Visa Sponsor Revenue +0.8% YoY
Revenue
$2.1B
Net Income
$102M
EBIT Margin
6.1%
Diluted EPS
$2.47
Free Cash Flow
$128M
CEO Pay
$6,663,764
Melinda D. Whittington
$6,663,764

Melinda D. Whittington's total compensation in FY2026

Base salary $1,021,333  •  Stock awards $4,107,199. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.

Financial Snapshot — FY2026
Total Revenue
$2.1B
+0.8% year-over-year
Net Income
$102M
Operating Margin
6.1%
Diluted EPS
$2.47
Free Cash Flow
$128M
Dividend / Share
N/A
Stock Buybacks
N/A
Total employees: 10,600
What We Pay the Executives Source: SEC DEF 14A via sec-api.io
CEO Total Compensation
$6,663,764
Melinda D. Whittington
CEO Base Salary
$1,021,333
CEO Stock Awards
$4,107,199
Avg. Other NEO Total
N/A
ExecutiveTitleBase SalaryStock AwardsTotal Comp
Melinda D. Whittington🔍 Board Chair, President and Chief Executive Officer $1,021,333 $4,107,199 $6,663,764
Robert G. Lucian🔍 Former Senior Vice President and Chief Financial Officer $532,186 $1,005,087 $2,013,115
Michael A. Leggett🔍 Senior Vice President and Chief Supply Chain Officer $449,167 $594,806 $1,447,165
Robert Sundy II🔍 President, La-Z-Boy Brand and Chief Commercial Officer $494,167 $577,592 $1,438,229
Terrence J. Linz🔍 President, Portfolio Brands $476,667 $559,564 $1,375,937
Taylor E. Luebke🔍 Senior Vice President and Chief Financial Officer $348,417 $384,133 $952,566

SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.

Board of Directors — Who Enables This
DirectorRoleAgeIndependentSinceTenureAnnual PayCommittees
Erika L. Alexander🔍 Former Chief Global Officer, Global Operations, Marriott Int 58 Yes N/A N/A N/A Inclusion and Social Impact Committee, Nominating and Governance
James P. Hackett🔍 Director None Yes N/A N/A N/A
Janet E. Kerr🔍 Professor Emeritus, Pepperdine Caruso School of Law 71 Yes N/A N/A N/A Nominating and Governance
Lauren B. Peters🔍 Former Executive Vice President & CFO, Foot Locker, Inc. 64 Yes N/A N/A N/A Audit
Melinda D. Whittington🔍 Chair of the Board 58 No N/A N/A N/A Audit
Michael T. Lawton🔍 Lead Director 66 Yes N/A N/A N/A Compensation and Talent Oversight, Audit
Raza S. Haider🔍 President, Premium Consumer Audio & Chief Supply Chain Offic 48 Yes N/A N/A N/A Nominating and Governance
Rebecca L. O'Grady🔍 CEO, Ripple Foods and Former CMO International Marketing, e- 56 No N/A N/A N/A Compensation and Talent Oversight
Robert Sundy II🔍 President, La-Z-Boy Brand and Chief Commercial Officer None No N/A N/A N/A
Sarah M. Gallagher🔍 Director None Yes N/A N/A N/A
Terrence J. Linz🔍 President, Portfolio Brands None No N/A N/A N/A

Source: SEC EDGAR DEF 14A proxy statement via sec-api.io.

H-1B Visa Dependency Key Metric

Search all LA-Z-BOY INC H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.

🔍 Search H-1B Records for LA-Z-BOY INC

Source: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.

Shareholder Value Assessment
WatchRevenue grew only 0.8% year-over-year - at or below inflation.
WatchThin net margin of 4.8% - watch costs.
PositiveCEO compensation of $6.7M is within range for company size.
WatchCompany employed approximately 10,600 workers globally - see H-1B data below for U.S. displacement risk.
Key Business Risks (from 10-K Item 1A)
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💬 Comments & Discussion

Data source: SEC EDGAR 10-K & DEF 14A (FY2026), sec-api.io, U.S. DOL OFLC. Generated June 17, 2026.  •  View SEC Filings  •  GuestWorkerVisas.com