David Perry — Furniture Today,
\nARCHDALE, N.C. \u00e2\u20ac\u201c Sealy has created a new North
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\nAmerican Division and appointed Sealy veteran Larry Rogers as its new president.<\/p>\n
The bedding producer said it realigned its organization to strengthen the company\u00e2\u20ac\u2122s position and to drive continued sales growth and long-term margin expansion in that division.<\/p>\n
\u00e2\u20ac\u0153Realigning North America as one market strengthens Sealy\u00e2\u20ac\u2122s competitive advantage,\u00e2\u20ac\u009d said Dave McIlquham, Sealy\u00e2\u20ac\u2122s chairman and CEO. \u00e2\u20ac\u0153This allows us to benefit from growing consumer demand, partner with our North American retail customers, and deepen our supplier and component relationships. As North America becomes more of an integrated market, this new structure will allow Sealy to better leverage its product development capabilities, sales and distribution strengths and lean manufacturing initiatives.\u00e2\u20ac\u009d<\/p>\n
The markets that comprise the new North American business had sales of $1.4 billion in Sealy\u00e2\u20ac\u2122s fiscal 2012 year.<\/p>\n
In addition to promoting Rogers, who led Sealy\u00e2\u20ac\u2122s international bedding group for the last 12 years, Sealy also promoted Michael Hofmann to executive vice president of operations for North America. Jeffrey Ackerman, Sealy\u00e2\u20ac\u2122s executive vice president and chief financial officer, will be promoted to assume global leadership responsibility for the finance and information technology functions.<\/p>\n
McIlquham said that under Roger\u00e2\u20ac\u2122s leadership, sales in Canada have doubled over the last five years.<\/p>\n
Sealy also announced that Jim Hirshorn, senior executive vice president of finance, operations and research and development, is leaving to become chief financial officer at Potbelly Sandwich Works. Hirshorn has resigned his position as a member of the board of directors, but will retain his equity ownership in the company as a shareholder, Sealy said.<\/p>\n
\u00e2\u20ac\u009dJim Hirshorn is a talented leader,\u00e2\u20ac\u009d McIlquham said. \u00e2\u20ac\u0153He has helped lead the company through a period of significant growth and opportunity as Sealy built upon its global leadership position in an ever increasing competitive environment. While we deeply regret Jim\u00e2\u20ac\u2122s decision to leave, we thank him for his contributions to Sealy\u00e2\u20ac\u2122s growth and help in putting the right management team in place to lead the company.\u00e2\u20ac\u009d<\/p>\n","protected":false},"excerpt":{"rendered":"
David Perry — Furniture Today, ARCHDALE, N.C. \u00e2\u20ac\u201c Sealy has created a new North<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2965","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/2965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=2965"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/2965\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=2965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=2965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=2965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}