July 10, 2014 4:56 PM ET

Household Durables

Company Overview of Sealy Corporation

Company Overview

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 ...

Sealy Drive

One Office Parkway

Trinity, NC 27370

United States

Founded in 1881

4,267 Employees

Phone:

336-861-3500

Fax:

302-655-5049

Key Executives for Sealy Corporation

Chief Financial Officer
Age: 51
Chief Operating Officer and Director
Age: 53
Executive Vice President and President of North America
Age: 54
Chief Marketing Officer and Senior Vice President
Age: 45
Executive Vice President of Operations - North America
Age: 55
Compensation as of Fiscal Year 2014.

Sealy Corporation Key Developments

Sealy Announces Management Changes

Tempur Sealy International Inc. announced the retirement of Lawrence J. Rogers, President and CEO of Sealy Corporation effective April 5, 2014. Mr. Rogers' leadership responsibilities will transition to Tim Yaggi, Chief Operating Officer and David Montgomery, Executive Vice President and President, International. The company also announced that its Board of Directors has voted to expand its Board to eleven directors and elect Mr. Rogers to the Board of Directors effective March 27, 2014. Mr. Rogers joined Tempur Sealy International Inc. in March 2013 when the Company acquired Sealy, and served as Sealy's President and Chief Executive Officer from 2008 until his retirement in April 2014.

Sealy Corporation Reports Unaudited Sales Results for the Third Quarter Ended September 30, 2013

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

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.

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