Leadership Transition at Mattress Firm Subsidiary

Summary

On February 12, 2025, Tempur Sealy International, Inc. announced that John Eck has resigned as CEO of its subsidiary Mattress Firm. Scott Thompson, Chairman and CEO of Tempur Sealy, will serve as interim CEO during the transition period. The company expects to appoint a new CEO within the next 6 to 9 months. This announcement coincides with Tempur Sealy's upcoming name change to Somnigroup International Inc. effective February 18, 2025, under which Mattress Firm will operate as a decentralized business unit.