LEXINGTON, Ky., Dec. 16, 2021 /PRNewswire/ -- Tempur Sealy
International, Inc. (NYSE: TPX, "Company" or "Tempur
Sealy") today announced it has appointed Meredith Siegfried Madden, as an independent
director, and Simon Dyer, as a
non-independent director, to serve on the Board, effective
January 1, 2022. These appointments
fill the newly created vacancies as the Board also approved an
increase of the size of the Board from 7 to 9 members.
Meredith Siegfried Madden serves
as the Chief Executive Officer of The NORDAM Group Inc., a private,
family-owned global aerospace manufacturing company since 2011.
Mrs. Madden has worked with The NORDAM Group since 1999 and served
in a variety of operations and sales positions until her
appointment in 2009 as Chief Operating Officer. In 2011, Mrs.
Madden was appointed as Chief Executive Officer of The NORDAM
Group. Prior to joining The NORDAM Group, Mrs. Madden worked in
consulting at Arthur Anderson & Co. from 1996-1999.
Simon Dyer is a Director and
Chief Executive Officer of Dyer Holdings Pty Ltd and various
affiliated entities (collectively, the "Dyer Group") that have
operated highly successful joint ventures (the "JVs") with the
Company. The JVs are managed by the Dyer Group and are principally
engaged in manufacturing, marketing and distribution in
China, Asia and the UK of Sealy-branded bedding
products. Mr. Dyer joined Dyer Holdings Pty Ltd in 1983, was
appointed Chief Executive Officer in 1986 and Chairman in 2008.
Under his 35 years of leadership in the mattress and bedding
industry Sealy has been established as a major bedding brand in
Asia.
"We are delighted to announce the appointment of Mrs. Madden and
Mr. Dyer," commented Scott Thompson,
"We believe Mrs. Madden's and Mr. Dyer's wealth of experience in
leadership, international markets, manufacturing and sales will
facilitate our continued long-term growth. We are thrilled to have
them join the team."
About Tempur Sealy International, Inc.
Tempur Sealy is committed to improving the sleep of more people,
every night, all around the world. As a global leader in the
design, manufacture and distribution of bedding products, 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®
featuring Posturepedic® Technology, and Stearns & Foster® and
our non-branded offerings include value-focused private label and
OEM products. Our distinct brands allow for complementary
merchandising strategies and are sold through third-party
retailers, our Company-owned stores and e-commerce channels. This
omni-channel strategy ensures our products are offered wherever and
however customers want to shop.
Lastly, we accept our global responsibility to serve all
stakeholders, our community and environment. We have and are
implementing programs consistent with our responsibilities.
Investor Relations Contact
Aubrey Moore
Investor Relations
Tempur Sealy International, Inc.
800-805-3635
Investor.relations@tempursealy.com
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SOURCE Tempur Sealy International, Inc.