Tempur Sealy International Inc., recently under pressure from an activist investor, on Tuesday named auto-industry executive Scott L. Thompson as its chairman and chief executive officer.

Mr. Thompson served as Dollar Thrifty Automotive Group Inc.'s CEO and chairman until the company was bought by Hertz Global Holdings Inc. in 2012. He has also been a consultant to private-equity firm and was a founder of automotive retailer Group 1 Automotive Inc.

Frank Doyle, who was elected chairman in May, will become lead director.

In May, former Chief Executive Mark A. Sarvary stepped down, a win for activist investor H Partners Management, which pushed for his removal.

The move came shortly after shareholders voted to remove three directors from the board—Mr. Sarvary, Chairman P. Andrews McLane and Christopher A. Masto.

H Partners Management, Tempur Sealy's largest shareholder with a 10% stake, had waged a campaign to get shareholders to withhold votes from the three directors.

Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com

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(END) Dow Jones Newswires

September 08, 2015 09:05 ET (13:05 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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