| CEO Name | Jerald Dittmer |
| Nationality | United States |
| Net Worth Estimation | $5 million |
Jerald Dittmer's estimated net worth of around $5 million stems primarily from his compensation as CEO of Flexsteel Industries, including salary, bonuses, and stock awards. His financial standing is further supported by decades of executive experience in the furniture industry, notably at HNI Corporation before joining Flexsteel.
Jerald Dittmer, CEO of Flexsteel Industries in the furniture business, has an estimated net worth of $5,000,000. This amount represents 10.2% of the estimated maximum CEO net worth ($50,000,000) and 500% of the minimum ($1,000,000) within this category.
Business Category: Furniture
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 50000000 USD
Jerald Dittmer Performance in Flexsteel Industries
Jerald Dittmer, CEO of Flexsteel Industries, demonstrated strong leadership by driving strategic growth and operational efficiency. His decisive decision-making focused on product innovation and market expansion, boosting the company's competitive position. Under his tenure, Flexsteel experienced improved financial performance and enhanced brand reputation, solidifying its industry presence.
Latest News
Flexsteel Industries Names Derek Schmidt as New CEO and Reports Strong Financial Growth
Derek P. Schmidt became Flexsteel Industries' CEO on July 1, 2024, following significant contributions since joining as CFO and COO in 2020, driving growth and innovation including product advancements like the Zecliner recliner. Flexsteel continues robust performance with multiple quarters of sales and earnings growth, as CEO Schmidt emphasizes a culture of innovation and customer focus amid expanding markets and sustainability initiatives.
Source: http://www.investing.com/news/company-news/flexsteel-names-derek-schmidt-as-new-ceo-93CH-3404605