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Tempur Sealy adds Jon Luther to board of directors
02
Jun '15
The world's largest bedding provider, Tempur Sealy International has added Jon Luther to its board of directors and also to the Nominating and Corporate Governance Committee.

“Jon Luther will also serve on the CEO Search Committee formed by the board of directors to lead the search for a new chief executive officer for the Company,” Tempur Sealy informed in a press release.

Jon Luther served as chief executive officer of Dunkin' Brands from January 2003 to January 2009 and chairman from March 2006 to January 2009.

In January 2009, he assumed the role of executive chairman and became non-executive chairman from July 2010 until his retirement in May 2013.

Prior to Dunkin' Brands, Jon Luther was president of Popeyes, a division of AFC Enterprises, from February 1997 to December 2002.

Prior to Popeyes, Luther served as president of CA One Services, a subsidiary of Delaware North Companies, Inc. and served as CEO of Benchmark Services, Inc., a food services company he founded.

Earlier in his career, Luther held various leadership positions at Marriott Corporation and Aramark.

Luther is also a member of the board of directors of Six Flags Entertainment Corporation and Brinker International, Inc., and is the chairman of the board of Arby's Restaurant Group.

Jon Luther holds a degree in hotel and restaurant management from Paul Smith's College.

"He is a proven business leader, with a strong track record of profitably growing large global consumer branded businesses,” said Frank Doyle, chairman of the board of directors at Tempur Sealy.

“As CEO of Dunkin' Brands, he led the company's highly successful brand repositioning under the ‘America Runs on Dunkin’ marketing umbrella,” Doyle added.

“I am confident Jon will make substantial contributions to our Company as one of our two new independent directors added to the board since our 2015 annual meeting," Doyle noted.

Jon Luther too added, "I look forward to collaborating with my fellow directors and the management team to generate value for all of the Company's stockholders."

Tempur Sealy develops, manufactures and markets mattresses, foundations, pillows and other products and has brands like Tempur, Tempur-Pedic, Sealy, Sealy Posturepedic, Optimum and Stearns & Foster. (AR)

Fibre2fashion News Desk - India


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