BRIEF-Stadium Capital Management Issues Letter To Sleep Number Shareholders Regarding The Need For A Reconstituted Board And Independent CEO Search

Reuters

2024-11-25

Nov 25 (Reuters) - Sleep Number Corp :

* STADIUM CAPITAL MANAGEMENT ISSUES LETTER TO SLEEP NUMBER SHAREHOLDERS REGARDING THE NEED FOR A RECONSTITUTED BOARD AND INDEPENDENT CEO SEARCH

* STADIUM CAPITAL MANAGEMENT: INTENDS TO NOMINATE DIRECTORS SHOULD STADIUM SLEEP NUMBER BOARD REMAIN UNWILLING TO WORK WITH STADIUM CAPITAL

* STADIUM CAPITAL: CALLS ON SLEEP NUMBER TO COLLABORATE WITH LARGEST SHAREHOLDER TO ADD DIRECTORS, APPOINT EXEC CHAIRMAN, ENSURE INDEPENDENT CEO SEARCH

* STADIUM CAPITAL: OWNING APPROXIMATELY 11.7% OF SLEEP NUMBER'S OUTSTANDING SHARES

* STADIUM CAPITAL: AS WITH MOST OF OUR SUGGESTIONS, SLEEP NUMBER BOARD SUMMARILY REJECTED OUR PROPOSALS

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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Sleep Number Corp   :</p><p>   * STADIUM CAPITAL MANAGEMENT ISSUES LETTER TO SLEEP NUMBER SHAREHOLDERS REGARDING THE NEED FOR A RECONSTITUTED BOARD AND INDEPENDENT CEO SEARCH</p><p>   * STADIUM CAPITAL MANAGEMENT: INTENDS TO NOMINATE DIRECTORS SHOULD STADIUM SLEEP NUMBER BOARD REMAIN UNWILLING TO WORK WITH STADIUM CAPITAL</p><p>   * STADIUM CAPITAL: CALLS ON SLEEP NUMBER TO COLLABORATE WITH LARGEST SHAREHOLDER TO ADD DIRECTORS, APPOINT EXEC CHAIRMAN, ENSURE INDEPENDENT CEO SEARCH</p><p>   * STADIUM CAPITAL: OWNING APPROXIMATELY 11.7% OF SLEEP NUMBER'S OUTSTANDING SHARES</p><p>   * STADIUM CAPITAL: AS WITH MOST OF OUR SUGGESTIONS, SLEEP NUMBER BOARD SUMMARILY REJECTED OUR PROPOSALS</p><p>Source text:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4178","symbol_name":"家庭裝飾零售","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2486362081","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486362081","pubTimestamp":1732541081,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 25  - 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Sleep Number Corp   :   * STADIUM CAPITAL MANAGEMENT ISSUES LETTER TO SLEEP NUMBER SHAREHOLDERS REGARDING THE NEED FOR A RECONSTITUTED BOARD AND INDEPENDENT CEO SEARCH   * STADIUM CAPITAL MANAGEMENT: INTENDS TO NOMINATE DIRECTORS SHOULD STADIUM SLEEP NUMBER BOARD REMAIN UNWILLING TO WORK WITH STADIUM CAPITAL   * STADIUM CAPITAL: CALLS ON SLEEP NUMBER TO COLLABORATE WITH LARGEST SHAREHOLDER TO ADD DIRECTORS, APPOINT EXEC CHAIRMAN, ENSURE INDEPENDENT CEO SEARCH   * STADIUM CAPITAL: OWNING APPROXIMATELY 11.7% OF SLEEP NUMBER'S OUTSTANDING SHARES   * STADIUM CAPITAL: AS WITH MOST OF OUR SUGGESTIONS, SLEEP NUMBER BOARD SUMMARILY REJECTED OUR PROPOSALSSource text:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}