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 Financial Officer, Executive Vice President and Director
Chief Operating Officer and Director
Chief Marketing Officer and Senior Vice President
Executive Vice President of Operations - North America
Compensation as of Fiscal Year 2015.
Sealy Corporation Key Developments
Sealy Reports Earnings Results for the Third Quarter Ended September 30, 2014
Oct 30 14
Sealy reported earnings results for the third quarter ended September 30, 2014. Net sales increased 10.9% to $432.3 million in the third quarter of 2014 from $389.9 million in the third
quarter of 2013. Bedding net sales increased 11.4% to $407.0 million in the third quarter of 2014 from $365.2 million in the third quarter of 2013. Net sales of Other products increased 2.4% to $25.3 million in the third quarter of 2014 from $24.7 million in the third quarter of 2013. Sealy's operating margin declined year-over-year due primarily to a decline in gross margin, offset partially by operating expense leverage on higher sales.
Sealy Announces Management Changes
Mar 18 14
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.
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