Leadership Change at Mattress Firm
Tempur Sealy International (NYSE: TPX) announced leadership changes at its recently acquired subsidiary, Mattress Firm. John Eck is stepping down as CEO of Mattress Firm after 6 successful years, with Scott Thompson, Chairman and CEO of Tempur Sealy, serving as Interim CEO. A new permanent CEO is expected to be appointed within 6-9 months, and Eck will remain as a consultant to ensure a smooth transition.
The company also confirmed its previously announced name change to Somnigroup International, effective February 18, 2025. Under the new structure, Mattress Firm, Dreams, and Tempur Sealy will operate as decentralized business units. Mattress Firm and Dreams will continue as multi-branded retailers, while Tempur Sealy will maintain its manufacturing operations, serving both third-party retailers and direct-to-consumer channels.
Tempur Sealy International (NYSE: TPX) ha annunciato cambiamenti nella leadership della sua recente acquisizione, Mattress Firm. John Eck si dimetterà da CEO di Mattress Firm dopo 6 anni di successi, con Scott Thompson, Presidente e CEO di Tempur Sealy, che assumerà il ruolo di CEO ad interim. Si prevede che un nuovo CEO permanente venga nominato entro 6-9 mesi, e Eck rimarrà come consulente per garantire una transizione fluida.
L'azienda ha anche confermato il cambiamento di nome precedentemente annunciato in Somnigroup International, con effetto dal 18 febbraio 2025. Sotto la nuova struttura, Mattress Firm, Dreams e Tempur Sealy opereranno come unità aziendali decentralizzate. Mattress Firm e Dreams continueranno come rivenditori multi-branded, mentre Tempur Sealy manterrà le sue operazioni di produzione, servendo sia rivenditori di terze parti che canali diretti al consumatore.
Tempur Sealy International (NYSE: TPX) anunció cambios en la dirección de su subsidiaria recientemente adquirida, Mattress Firm. John Eck dejará su cargo como CEO de Mattress Firm después de 6 años exitosos, con Scott Thompson, Presidente y CEO de Tempur Sealy, actuando como CEO interino. Se espera que un nuevo CEO permanente sea nombrado en un plazo de 6-9 meses, y Eck permanecerá como consultor para asegurar una transición fluida.
La compañía también confirmó su cambio de nombre previamente anunciado a Somnigroup International, que entrará en vigencia el 18 de febrero de 2025. Bajo la nueva estructura, Mattress Firm, Dreams y Tempur Sealy operarán como unidades de negocio descentralizadas. Mattress Firm y Dreams continuarán como minoristas de múltiples marcas, mientras que Tempur Sealy mantendrá sus operaciones de fabricación, sirviendo tanto a minoristas de terceros como a canales directos al consumidor.
템퍼 시일리 인터내셔널 (NYSE: TPX)는 최근 인수한 자회사 매트리스 펌의 경영진 변경을 발표했습니다. 존 에크는 6년 성공적인 CEO를 역임한 후 매트리스 펌의 CEO에서 물러나며, 스콧 톰슨 템퍼 시일리의 회장 겸 CEO가 임시 CEO로 일하게 됩니다. 새로운 정규 CEO는 6-9개월 내에 임명될 것으로 예상되며, 에크는 원활한 전환을 보장하기 위해 컨설턴트로 남을 것입니다.
회사는 또한 2025년 2월 18일부터 시행되는 솜니그룹 인터내셔널로의 이름 변경을 확인했습니다. 새로운 구조 하에 매트리스 펌, 드림스, 템퍼 시일리는 분산된 사업 단위로 운영됩니다. 매트리스 펌과 드림스는 다중 브랜드 소매업체로 계속 운영되며, 템퍼 시일리는 제조 운영을 유지하고 제3자 소매업체 및 소비자 직접 판매 채널 모두를 지원합니다.
Tempur Sealy International (NYSE: TPX) a annoncé des changements de direction au sein de sa filiale récemment acquise, Mattress Firm. John Eck se retire de son poste de PDG de Mattress Firm après 6 années de succès, Scott Thompson, Président et PDG de Tempur Sealy, assumant le rôle de PDG par intérim. Un nouveau PDG permanent devrait être nommé dans un délai de 6 à 9 mois, et Eck restera consultant pour garantir une transition en douceur.
L'entreprise a également confirmé son changement de nom précédemment annoncé en Somnigroup International, effectif à partir du 18 février 2025. Dans la nouvelle structure, Mattress Firm, Dreams et Tempur Sealy fonctionneront comme des unités commerciales décentralisées. Mattress Firm et Dreams continueront en tant que détaillants multi-marques, tandis que Tempur Sealy maintiendra ses opérations de fabrication, servant à la fois des détaillants tiers et des canaux de vente directe aux consommateurs.
Tempur Sealy International (NYSE: TPX) hat Führungswechsel in seiner kürzlich übernommenen Tochtergesellschaft, Mattress Firm, angekündigt. John Eck wird nach 6 erfolgreichen Jahren als CEO von Mattress Firm zurücktreten, während Scott Thompson, Vorsitzender und CEO von Tempur Sealy, als Interims-CEO fungiert. Ein neuer permanenter CEO wird voraussichtlich innerhalb von 6-9 Monaten ernannt, und Eck wird als Berater bleiben, um einen reibungslosen Übergang zu gewährleisten.
Das Unternehmen bestätigte auch die zuvor angekündigte Namensänderung zu Somnigroup International, die am 18. Februar 2025 in Kraft tritt. Unter der neuen Struktur werden Mattress Firm, Dreams und Tempur Sealy als dezentralisierte Geschäftseinheiten betrieben. Mattress Firm und Dreams werden weiterhin als Multi-Brand-Händler agieren, während Tempur Sealy seine Produktionsoperationen aufrechterhält und sowohl Drittanbieter-Händler als auch Direktvertriebskanäle bedient.
- Mattress Firm outperformed the market during Eck's 6-year leadership
- Consulting agreement with former CEO ensures smooth transition
- Decentralized business structure maintains operational independence of units
- Temporary leadership situation with interim CEO
- 6-9 month gap before permanent CEO appointment
- New Interim CEO of Mattress Firm, Scott Thompson
John Eck has decided to step down as Chief Executive Officer of Mattress Firm. The Company has entered into a consulting agreement with Mr. Eck to ensure a smooth transition. Scott Thompson, Chairman and CEO of Tempur Sealy, will act as Interim CEO of Mattress Firm during a transition period. The Company expects to appoint a new CEO of Mattress Firm within the next 6 to 9 months.
"We thank John for his successful 6 years at Mattress Firm, leading the business to outperform the market over the period of his leadership," commented Scott Thompson. "I look forward to working with the Mattress Firm leadership team during this transitional period."
The Company previously announced it will change its name to Somnigroup International Inc. ("Somnigroup"), effective February 18, 2025. Mattress Firm, Dreams and Tempur Sealy will operate as decentralized business units under Somnigroup International. Mattress Firm and Dreams will continue to operate as multi-branded retailers and Tempur Sealy, primarily a manufacturer, will continue to serve third-party retailers as well as Mattress Firm, Dreams and Tempur Sealy direct-to-consumer channels.
About the Company
Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a leading designer, manufacturer, distributor and retailer of bedding products worldwide, we know how crucial a good night of sleep is to overall health and wellness. Utilizing over a century of knowledge and industry-leading innovation, we deliver award-winning products that provide breakthrough sleep solutions to consumers in over 100 countries.
Our highly recognized brands include Tempur-Pedic®, Sealy® and Stearns & Foster® and our popular non-branded offerings consist of value-focused private label and OEM products. At Tempur Sealy we understand the importance of meeting our customers wherever and however they want to shop and have developed a powerful omni-channel retail strategy. Our products allow for complementary merchandising strategies and are sold through third-party retailers, our 750+ Company-owned stores worldwide and our e-commerce channels. With the range of our offerings and variety of purchasing options, we are dedicated to continuing to turn our mission to improve the sleep of more people, every night, all around the world into a reality.
Importantly, we are committed to carrying out our global responsibility to protect the environment and the communities in which we operate. As part of that commitment, we have established the goal of achieving carbon neutrality for our global wholly owned operations by 2040.
Investor Relations Contact
Aubrey Moore
Investor Relations
Tempur Sealy International, Inc.
Investor.relations@tempursealy.com
View original content:https://www.prnewswire.com/news-releases/leadership-change-at-mattress-firm-302374816.html
SOURCE Tempur Sealy International, Inc.
FAQ
When will Tempur Sealy (TPX) change its name to Somnigroup International?
Who is the interim CEO of Mattress Firm after John Eck's departure?
How long will it take TPX to appoint a new permanent CEO for Mattress Firm?
How will Mattress Firm operate under Somnigroup International?