Home / Knowledge / News / Textiles / Select Comfort appoints Jean-Michel Chairman of Board
Select Comfort appoints Jean-Michel Chairman of Board
20
May '10
Select Comfort Corporation announced that Jean-Michel Valette has been appointed chairman of the board of directors.

Valette, who has been a member of Select Comfort's board of directors for more than 15 years, has served in executive and director roles for several companies across different industries. Currently, Valette is the chairman of Peet's Coffee and Tea, Inc., and a director on the board of The Boston Beer Company. Previously, Valette was the non-executive chairman of the Robert Mondavi Winery as well as the company's president and managing director. Valette also has been an independent adviser for branded consumer companies for more than 10 years.

Valette will continue to serve as a member of the board's audit committee. He succeeds Ervin R. Shames, who will continue as a member of Select Comfort's board.

"We are pleased that Jean-Michel has accepted the position as chairman at such an exciting time in the company's history," said William R. McLaughlin, president and CEO, Select Comfort. "His extensive experience as a senior executive and director for multiple national branded consumer companies will bring strong benefits to Select Comfort as we continue to capitalize on our unique brand and competitive advantages to achieve long-term growth and value creation for shareholders. I also want to personally thank Erv for his invaluable insight, leadership and counsel during his combined five years as board chair."

In other business, shareholders approved the election of David T. Kollat and William R. McLaughlin to three-year terms as directors during the company's annual meeting of shareholders, held at the Radisson Plaza Hotel in Minneapolis earlier. In addition, shareholders approved the company's 2010 omnibus incentive plan, adopted plurality voting in the event of a contested election of directors, and ratified the appointment of Deloitte & Touche, L.L.P., as the company's independent accounting firm for the fiscal year ending January 1, 2011.

Founded more than 20 years ago and based in Minneapolis, Select Comfort Corporation designs, manufactures, markets and supports a line of adjustable-firmness mattresses featuring air-chamber technology, branded the Sleep Number bed, as well as foundations and bedding accessories. SELECT COMFORT products are sold through its approximately 400 company-owned stores located across the United States; select bedding retailers; direct marketing operations; and online.

Select Comfort Corporation


Must ReadView All

Courtesy: Pexels

Textiles | On 27th Apr 2018

AWEX EMI sets new all-time record; touches 1847ac per kg

In the week ending April 27, 2018, the Eastern Market Indicator (EMI) ...

Indian exporters lobby FIEO urges lifting of ban on LoUs

Textiles | On 27th Apr 2018

Indian exporters lobby FIEO urges lifting of ban on LoUs

India’s exporters lobby Federation of Indian Export Organisations...

US GSP extension restored on 22 Apr, refunds not automatic

Apparel/Garments | On 27th Apr 2018

US GSP extension restored on 22 Apr, refunds not automatic

The US generalized system of preferences (GSP) programme was restored ...

Interviews View All

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Urmil Arya

Sushila International, a well established textile organisation established ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search