Home / Knowledge / News / Textiles / McLaughlin to continue as President & CEO at Select Comfort
McLaughlin to continue as President & CEO at Select Comfort
28
Feb '08
Select Comfort Corporation, the nation's leading bed retailer and creator of the SLEEP NUMBER bed, announced that the company has separated the positions of chairman of the board and chief executive officer.

The company's board of directors has appointed Ervin Shames as chairman. Bill McLaughlin, who has held both positions of chairman and chief executive officer since 2004, will continue in his role as president and chief executive officer of the company as well as board director.

"Today's decision is the result of the board's ongoing review of best practices with regard to corporate governance," said Shames. "On behalf of the board, I want to thank Bill for his four years of leadership in the role of chairman. I look forward to continuing to work with him and his team in my new capacity as chairman as we continue to position Select Comfort for long-term success."

Shames has served on Select Comfort's board since 1996. From 1996 to 1999, he held the position of chairman and has been the company's lead director since 2004.

"The board and I agree that separating the roles of chairman and chief executive officer is consistent with leading corporate governance principles," said McLaughlin.

"With this new structure, I will now be able to devote all my energy to the leadership and management of this company, as well as entirely focus on driving our growth and profitability initiatives. I look forward to continuing to work with our board as we further build on Select Comfort's status as the industry leader in innovative sleep products."

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search