Sealy Corporation announced that Richard Roedel has been elected to the Board of Directors of Sealy and will serve as Chairman of the Audit Committee. Mr. Roedel will replace Steven Barnes who has resigned from the board to focus on other activities.
Mr. Roedel is currently a Director and Chairman of the Audit Committee for Brightpoint Inc, Luna Innovations Incorporated, and Dade Behring Holdings Inc. He is also a director and Audit Committee member for IHS Inc.
Mr. Roedel served in various capacities while with Take-Two Interactive Software Inc from October 2002 to June 2005 including Chairman and Chief Executive Officer.
From 1999-2000, Mr. Roedel was Chairman and Chief Executive Officer of the accounting firm BDO Seidman LLP, the United States member firm of BDO International. Mr. Roedel is a director of the Association of Audit Committee Members, Inc., a non-profit association of audit committee members, and is a Certified Public Accountant.
"We are pleased that Richard has joined our Board," said David J. McIlquham, Sealy's Chairman and Chief Executive Officer. "He will provide great financial stewardship as the chair of our Audit Committee, and his deep financial and executive experience with a number of leading companies over his career will be a real asset to Sealy."
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