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McLaughlin to continue as President & CEO at Select Comfort
28 Feb '08
2 min read
Separately, the company announced that McLaughlin has voluntarily reduced his 2008 compensation by foregoing his annual base salary until certain performance measures are met. McLaughlin added, "These are challenging times for the company - and the overall retail sector. It's clear that everyone must make sacrifices.
Therefore, I am pleased that the board has accepted my proposal to forego a salary until such time as the company achieves specific goals related to same-store growth. I truly believe in the long-term value of Select Comfort, and my commitment to leading the company back to solid growth remains steadfast."
Therefore, I am pleased that the board has accepted my proposal to forego a salary until such time as the company achieves specific goals related to same-store growth. I truly believe in the long-term value of Select Comfort, and my commitment to leading the company back to solid growth remains steadfast."
Select Comfort Corporation
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