Company Leadership Changes - Steve Rusing has been appointed as President and Chief Executive Officer of Mattress Firm, effective August 14, 2025, expanding his previous role [1] - Scott Thompson, the Chairman and CEO of Somnigroup, served as Mattress Firm's interim CEO since February 2025 [1] Strategic Direction - Combining the roles of President and CEO is expected to enhance leadership agility and alignment within Mattress Firm [2] - Under Steve Rusing's leadership, Mattress Firm has sharpened its operational focus, building momentum and driving solid performance [2] Company Overview - Somnigroup International Inc. is the world's largest bedding company, operating in over 100 countries with brands like Tempur-Pedic®, Sealy®, and Stearns & Foster® [3] - The company aims to improve lives through better sleep and offers a global omni-channel platform for a unique retail experience [3] Shareholder Value and Responsibility - Somnigroup is committed to delivering long-term value for shareholders through prudent capital allocation and responsible environmental practices [4]

Core Points - Byron Bright has resigned as Chief Operating Officer (COO) of KBR, effective July 11, 2025, after 15 years with the company [1] - KBR has realigned its portfolio into two segments: Mission Technology Solutions (MTS) and Sustainable Technology Solutions (STS) [2] - Doug Hill and Mark Kavanaugh have been appointed as Presidents of KBR's Readiness & Sustainment business and Defense, Intel and Space portfolio, respectively, both having over eight years of experience at KBR [2] - KBR expects no operational disruption in the MTS business following Mr. Bright's departure, with a focus on growth and margin expansion [3] - KBR will provide further details on its Q2 2025 earnings call scheduled for July 31, 2025 [3] Company Overview - KBR delivers science, technology, and engineering solutions globally, employing approximately 38,000 people and serving customers in over 80 countries [4]