Company Overview of Sealy Corporation
Sealy Corporation, together with its subsidiaries, engages in the manufacture and marketing of bedding products. It offers mattresses and mattress foundations under the Sealy, Sealy Posturepedic, Stearns & Foster, and Bassett names in the Americas. The company also provides specialty latex and visco-elastic bedding products under the Optimum by Sealy Posturepedic, Stearns & Foster, Sealy, and Carrington Chase names in the United States and internationally. In addition, Sealy Corporation licenses its brands, technology, and trademarks to other manufacturers, including international independent licensees. Its customers include furniture stores, specialty bedding stores, department stores, and ...
One Office Parkway
Trinity, NC 27370
Founded in 1881
Key Executives for Sealy Corporation
Chief Operating Officer and Director
Chief Marketing Officer and Senior Vice President
Executive Vice President of Operations - North America
Compensation as of Fiscal Year 2013.
Sealy Corporation Key Developments
Sealy Corporation Reports Unaudited Sales Results for the Third Quarter Ended September 30, 2013
Nov 6 13
Sealy Corporation reported unaudited sales results for the third quarter ended September 30, 2013. The company's net sales for the third quarter of 2013 were $389.9 million.
Sealy Introduces New Optimum Gel Latex Line
Jul 29 13
Sealy integrates the comfort of latex foam with the technology of OptiCool in the launch of their new gel latex line for Optimum by Sealy Posturepedic. The Optimum latex line is a four bed collection that features new OptiCool gel latex foam infused with OUTLAST technology, which is designed to promote an optimum temperature range for deep, relaxing, restorative sleep. OUTLAST technology is used in high performance outdoor gear, undergarments, and even footwear for its excellent temperature regulation. Exclusively available to the Optimum, OptiCool gel latex foam is proven to be more effective at removing excess heat than standard latex foam alone. In addition to its cooling properties, the new Optimum latex line offers a completely different feel to consumers than traditional memory foam or innerspring mattresses. While users will experience an initial conforming feeling at the surface, the design offers a more responsive feel to prevent the 'sinking sensation' often associated with traditional memory foam mattresses. The result is a consistent foam-like feeling across the entire sleeping surface. The Optimum gel latex line will start at $1,699 MSRP and will be on display in the Sealy showroom at Las Vegas Market, July 29, 2013 to August 2, 2013.
Sealy Corporation Announces Executive Changes
Mar 20 13
On March 18, 2013, Sealy Corporation completed its merger with Silver Lightning Merger Company, pursuant to an agreement and plan of merger, dated as of September 26, 2012, by and among Tempur-Pedic, Merger Sub and the company. As a result of the merger, the company became a wholly owned subsidiary of Tempur-Pedic. At the Effective Time, all of the directors of the company immediately prior to the effective time, other than Lawrence J. Rogers, voluntarily resigned from their positions as directors of the company, and each of Dale E. Williams and W. Timothy Yaggi were appointed as directors of the company. The size of the board was decreased to three directors at the effective time. At the Effective Time, the company appointed W. Timothy Yaggi as its Chief Operating Officer and Dale E. Williams as its Executive Vice President and Chief Financial Officer. Jeffrey C. Akerman resigned from the position of Chief Financial Officer of the company and became the company’s Executive Vice President, Finance.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|