Tempur Sealy's Recently Acquired Mattress Firm Unit Loses CEO

Dow Jones

Feb 12

By Robb M. Stewart

Tempur Sealy International is on the hunt for a new boss for its Mattress Firm unit after the current chief executive opted to exit just days after the company's acquisition was completed.

The Lexington, Ky., bedding-products maker and retailer said John Eck decided to step down as CEO of Mattress Firm.

Tempur Sealy entered into a consulting agreement with Eck to ensure a smooth transition, and Tempur Sealy Chairman and CEO Scott will act as interim CEO of the business. Tempur Sealy said it expects to appoint a new CEO of Mattress Firm within the next six to nine months.

A week ago, Tempur Sealy said it planned to change its name to Somnigroup International later in the month after closing a roughly $5 million deal to buy Mattress Firm, a mattress specialty retailer. Tempur Sealy plans to sell 73 Mattress Firm retail locations and its Sleep Outfitters subsidiary, which includes 103 retail sites and seven distribution centers, in the second quarter of 2025.

Eck, who was executive chairman and CEO of Mattress Firm, joined the company in 2019. He was previously at U.S. Hispanic media company Univision Communications where he served as chief local media officer, according to Mattress Firm's website.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

February 12, 2025 09:44 ET (14:44 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2510089733"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2510089733\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2510089733?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-12 22:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2510089733","market":"fut","top_or_hot":-1,"title":"Tempur Sealy's Recently Acquired Mattress Firm Unit Loses CEO","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Robb M. Stewart \n</p>\n<pre>\n \n</pre>\n<p>\n  Tempur Sealy International is on the hunt for a new boss for its Mattress Firm unit after the current chief executive opted to exit just days after the company's acquisition was completed. \n</p>\n<p>\n  The Lexington, Ky., bedding-products maker and retailer said John Eck decided to step down as CEO of Mattress Firm. \n</p>\n<p>\n  Tempur Sealy entered into a consulting agreement with Eck to ensure a smooth transition, and Tempur Sealy Chairman and CEO Scott will act as interim CEO of the business. Tempur Sealy said it expects to appoint a new CEO of Mattress Firm within the next six to nine months. \n</p>\n<p>\n  A week ago, Tempur Sealy said it planned to change its name to Somnigroup International later in the month after closing a roughly $5 million deal to buy Mattress Firm, a mattress specialty retailer. Tempur Sealy plans to sell 73 Mattress Firm retail locations and its Sleep Outfitters subsidiary, which includes 103 retail sites and seven distribution centers, in the second quarter of 2025. \n</p>\n<p>\n  Eck, who was executive chairman and CEO of Mattress Firm, joined the company in 2019. He was previously at U.S. Hispanic media company Univision Communications where he served as chief local media officer, according to Mattress Firm's website. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2025 09:44 ET (14:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tempur Sealy's Recently Acquired Mattress Firm Unit Loses CEO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTempur Sealy's Recently Acquired Mattress Firm Unit Loses CEO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-12 22:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Robb M. Stewart \n</p>\n<pre>\n \n</pre>\n<p>\n  Tempur Sealy International is on the hunt for a new boss for its Mattress Firm unit after the current chief executive opted to exit just days after the company's acquisition was completed. \n</p>\n<p>\n  The Lexington, Ky., bedding-products maker and retailer said John Eck decided to step down as CEO of Mattress Firm. \n</p>\n<p>\n  Tempur Sealy entered into a consulting agreement with Eck to ensure a smooth transition, and Tempur Sealy Chairman and CEO Scott will act as interim CEO of the business. Tempur Sealy said it expects to appoint a new CEO of Mattress Firm within the next six to nine months. \n</p>\n<p>\n  A week ago, Tempur Sealy said it planned to change its name to Somnigroup International later in the month after closing a roughly $5 million deal to buy Mattress Firm, a mattress specialty retailer. Tempur Sealy plans to sell 73 Mattress Firm retail locations and its Sleep Outfitters subsidiary, which includes 103 retail sites and seven distribution centers, in the second quarter of 2025. \n</p>\n<p>\n  Eck, who was executive chairman and CEO of Mattress Firm, joined the company in 2019. He was previously at U.S. Hispanic media company Univision Communications where he served as chief local media officer, according to Mattress Firm's website. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2025 09:44 ET (14:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510089733","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510089733","pubTimestamp":1739371440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Tempur Sealy International is on the hunt for a new boss for its Mattress Firm unit after the current chief executive opted to exit just days after the company's acquisition was completed.The Lexington, Ky., bedding-products maker and retailer said John Eck decided to step down as CEO of Mattress Firm.Tempur Sealy entered into a consulting agreement with Eck to ensure a smooth transition, and Tempur Sealy Chairman and CEO Scott will act as interim CEO of the business. Tempur Sealy said it expects to appoint a new CEO of Mattress Firm within the next six to nine months.A week ago, Tempur Sealy said it planned to change its name to Somnigroup International later in the month after closing a roughly $5 million deal to buy Mattress Firm, a mattress specialty retailer. Tempur Sealy plans to sell 73 Mattress Firm retail locations and its Sleep Outfitters subsidiary, which includes 103 retail sites and seven distribution centers, in the second quarter of 2025.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"泰普尔丝涟最近收购的床垫公司失去了首席执行官","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TPX":0.9},"content_text":"By Robb M. Stewart \n\n\n \n\n\n  Tempur Sealy International is on the hunt for a new boss for its Mattress Firm unit after the current chief executive opted to exit just days after the company's acquisition was completed. \n\n\n  The Lexington, Ky., bedding-products maker and retailer said John Eck decided to step down as CEO of Mattress Firm. \n\n\n  Tempur Sealy entered into a consulting agreement with Eck to ensure a smooth transition, and Tempur Sealy Chairman and CEO Scott will act as interim CEO of the business. Tempur Sealy said it expects to appoint a new CEO of Mattress Firm within the next six to nine months. \n\n\n  A week ago, Tempur Sealy said it planned to change its name to Somnigroup International later in the month after closing a roughly $5 million deal to buy Mattress Firm, a mattress specialty retailer. Tempur Sealy plans to sell 73 Mattress Firm retail locations and its Sleep Outfitters subsidiary, which includes 103 retail sites and seven distribution centers, in the second quarter of 2025. \n\n\n  Eck, who was executive chairman and CEO of Mattress Firm, joined the company in 2019. He was previously at U.S. Hispanic media company Univision Communications where he served as chief local media officer, according to Mattress Firm's website. \n\n\n \n\n\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 12, 2025 09:44 ET (14:44 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}