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Somnigroup International Announces New Chief Executive Officer at Mattress Firm
Prnewswire· 2025-08-18 10:55
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]
Somnigroup Announces Third Quarter Cash Dividend
Prnewswire· 2025-08-07 10:37
Core Viewpoint - Somnigroup International Inc. has declared a third quarter cash dividend of $0.15 per share, payable on September 5, 2025, to shareholders of record as of August 21, 2025 [1] Company Overview - Somnigroup is the world's largest bedding company, focused on enhancing people's lives through better sleep [2] - The company operates in over 100 countries and includes well-known brands such as Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's® [2] - Somnigroup's global omni-channel platform allows it to meet consumer needs through various shopping experiences, providing tailored sleep solutions [2] Corporate Strategy - The company aims to deliver long-term value for shareholders through prudent capital allocation and investment management [3] - Somnigroup is committed to environmental protection and community responsibility, guided by its core value of Doing the Right Thing [3]