Last $55.04 USD
Change Today +0.20 / 0.36%
Volume 720.3K
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tempur sealy international i (TPX) Snapshot

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52 Week High
07/24/14 - $62.00
52 Week Low
02/11/14 - $45.07
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tempur sealy international i (TPX) Details

Tempur-Pedic International Inc. makes, markets, and distributes bedding products worldwide. Its tempur and Tempur-Pedic brands include pillows, mattresses, and adjustable beds as well as various cushions and other comfort products. The Lexington (Ky.) company was founded in 1989.

6,700 Employees
Last Reported Date: 02/21/14
Founded in 1989

tempur sealy international i (TPX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $834.7K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $464.0K
Chief Operating Officer
Total Annual Compensation: $676.1K
President of International Operations and Exe...
Total Annual Compensation: $481.9K
Compensation as of Fiscal Year 2013.

tempur sealy international i (TPX) Key Developments

Tempur-Pedic Announces Introduction of TEMPUR-Flex Collection

Tempur-Pedic announced the introduction of the TEMPUR-Flex Collection. The TEMPUR-Flex Collection delivers all the famous benefits of TEMPUR material 'adaptive support, pressure relief and motion dispersal' in a whole new feel that research shows strongly appeals to consumers seeking better sleep, but also the familiar 'slightly springy' feel they know from the beds they've always slept on. TEMPUR-Flex brings this new group of consumers to the Tempur-Pedic brand by combining a faster-responding version of proprietary TEMPUR material with a new Dynamic Support Layer, made with innovative precision coils for support. The new line uses specifically engineered hybrid construction delivering a feel and benefits that only Tempur-Pedic can bring to the market. The new TEMPUR-Flex Collection features technology that pairs two proprietary components to offer a unique feel. The new TEMPUR-Response material and Dynamic Support Layer balance conforming TEMPUR comfort with adaptive support that responds three times as fast as current Tempur-Pedic mattresses. TEMPUR-Response is a new version of proprietary TEMPUR material specially engineered for faster response and greater ease of movement. Like all TEMPUR material, it offers truly personalised comfort and support, while minimizing pressure points and reducing motion transfer. The Dynamic Support Layer is a brand new base layer made of precision coils that are densely placed to fit more into the same space. With twice as many coils, the Dynamic Support Layer provides more complementary, fast-responding support for the TEMPUR material on top. The TEMPUR-Flex Collection includes three mattress models: Prima, Supreme and Elite. The Prima offers exclusive SmartClimate System for cool-to-the-touch comfort. The Supreme adds more TEMPUR material and the EasyRefresh Cover that zips on and off to wash and replace. The Elite includes the most TEMPUR material for even greater TEMPUR benefits, while maintaining its quick-response ability and the EasyRefresh Cover. The removable top cover ensures that the mattress is always fresh and hygienic. A patent-pending, 360-degree zipper makes the process simple, and the covers fit into any standard-size washer and dryer. Designed for loft and durability, the soft fabric is engineered to last through years of use and washing. The two-part SmartClimate System helps keep the mattress comfortable due to an outside layer of moisture-wicking fabric that draws moisture away from the body and an inner cover that has cool-to-the-touch comfort.

Tempur Sealy Appoints Jay G. Spenchian as EVP, CMO

Tempur Sealy International has hired former restaurant executive Jay G. Spenchian as executive vice president, chief marketing officer, a new position. He reports to Tim Yaggi, chief operating officer. Spenchian will be responsible for driving growth in the brand portfolio, identifying new consumer needs and trends, and marketing innovative new bedding products. He was most recently executive vice president and chief marketing officer for Olive Garden, where he had management responsibility for Darden s ($4 billion) business, including product development, advertising, media, public relations and promotions. He was previously executive vice president of marketing for Red Lobster and earlier held senior marketing positions with General Motors from 1998 to 2010, directing marketing for GM corporate and the Cadillac portfolio.

Tempur Sealy International Inc. Appoints Jay Spenchian as Executive Vice President, Chief Marketing Officer

Tempur Sealy International Inc. announced the appointment of Jay G. Spenchian as Executive Vice President, Chief Marketing Officer. Spenchian will report to Tim Yaggi, Chief Operating Officer. The appointment of Spenchian as Executive Vice President, Chief Marketing Officer - a new role at Tempur Sealy - emphasizes the importance the company places on being a best-in-industry, marketing-centric organization focused on improving the sleep of more consumers every night. Spenchian will be responsible for driving growth in the overall brand portfolio, identifying new consumer needs and trends, and marketing innovative new bedding products. Most recently, as Executive Vice President and Chief Marketing Officer for Olive Garden, Spenchian had general management responsibility for Darden's large ($4 billion) business, including new product development, advertising, media, public relations and promotions. In his new role, Spenchian will be responsible for all marketing activities including brand management, new product development strategy, innovation, consumer and shopper insights, all forms of traditional and digital advertising, and direct-to-consumer sales activity.


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