LEXINGTON, Ky., Sept. 25, 2017 /PRNewswire/ -- Tempur Sealy
International, Inc. (NYSE: TPX) today announced that Bhaskar Rao has been appointed as the Company's
Executive Vice President and Chief Financial Officer, effective
October 13, 2017. Mr. Rao is a
certified public accountant who joined the Company in 2004 after a
successful 9 year career at a major public accounting firm. Since
joining Tempur Sealy, he has served several leadership roles
throughout the finance organization, most recently as Senior Vice
President and Chief Accounting Officer.
Tempur Sealy Chairman and CEO Scott
Thompson commented, "We welcome Bhaskar's appointment as the
Chief Financial Officer as he continues his successful rise through
the organization. He has demonstrated effective leadership and a
deep knowledge of finance and accounting over the last 13 years and
has been an instrumental member of our executive management
team. I am confident that Bhaskar will transition quickly
into the new role, and with the rest of Tempur Sealy, continue to
drive our long-term initiatives."
Barry A. Hytinen will be stepping
down as Executive Vice President and Chief Financial Officer to
pursue an opportunity outside of the bedding industry, effective
October 13, 2017.
"I wish to thank Barry for his years of dedication to Tempur
Sealy," Thompson said. "On behalf
of the board of directors, shareholders, and the employees of
Tempur Sealy, I wish him and his family well in all their future
endeavors."
About the Company
Tempur Sealy International, Inc. (NYSE: TPX) develops,
manufactures, and markets mattresses, foundations, pillows and
other products. The Company's products are sold worldwide
through third party retailers, its own stores, and online. The
Company's brand portfolio includes many highly recognized brands in
the industry, including Tempur®, Tempur-Pedic®, Sealy® featuring
Posturepedic® Technology, and Stearns & Foster®. World
headquarters for Tempur Sealy International is in Lexington, KY. For more information,
visit http://www.tempursealy.com or call
800-805-3635.
Investor Relations Contact
Aubrey Moore
Investor Relations
Tempur Sealy International, Inc.
800-805-3635
Investor.relations@tempursealy.com
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SOURCE Tempur Sealy International, Inc.