tpx-20191223false000120626400012062642019-12-192019-12-19
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 23, 2019
TEMPUR SEALY INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
| | | | | | | | |
Delaware | 001-31922 | 33-1022198 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| | |
1000 Tempur Way
Lexington, Kentucky 40511
(Address of principal executive offices) (Zip Code)
(800) 878-8889
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| | | | | | | | |
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | | | | | | | |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| | | | | | | | |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| | | | | | | | |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| | | | | | | | |
Title of each class | Trading Symbol(s) | Name of exchange on which registered |
Common Stock, $0.01 par value | TPX | New York Stock Exchange |
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
On December 23, 2019, Tempur Sealy International, Inc. (the "Company") issued a press release (the "Press Release") announcing the promotion of the following executives in the management team, effective January 1, 2020. Cliff Buster was promoted to President, U.S. Direct to Consumer, Steve Rusing was promoted to President, U.S. Sales and Tom Murray was promoted to Executive Vice President, Chief Marketing Officer, U.S. A copy of the Press Release is furnished herewith as Exhibit 99.1 and is incorporated into this Item 8.01 by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| | | | | | | | |
Exhibit Number | | Description |
99.1 | | |
104.1 | | Cover page interactive data file (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 23, 2019
| | | | | | | | |
| Tempur Sealy International, Inc. | |
| | |
| By: | /s/ Bhaskar Rao |
| Name: | Bhaskar Rao |
| Title: | Executive Vice President & Chief Financial Officer |
Document
TEMPUR SEALY ANNOUNCES EXECUTIVE PROMOTIONS
LEXINGTON, KY, December 23, 2019 – Tempur Sealy International, Inc. (NYSE: TPX, “Company”) announced today the promotion of several executives in the management team, effective January 1, 2020.
Cliff Buster was promoted to President, U.S. Direct to Consumer. Cliff will champion all of Tempur Sealy’s U.S. direct sales including Tempur-Pedic retail stores, Sleep Outfitters retail stores, e-commerce sales, and other direct channels.
Steve Rusing was promoted to President, U.S. Sales. Steve will oversee all of Tempur Sealy’s U.S. sales divisions including all third-party and emerging channel retail relationships.
Tom Murray was promoted to Executive Vice President, Chief Marketing Officer, U.S. Tom will lead all Tempur Sealy’s U.S. new product development, product marketing, marketing communications, and customer marketing activities.
Tempur Sealy International, Inc. Chairman and CEO Scott Thompson commented, “These executives have played key roles in the success of the Tempur Sealy business in the past. But more importantly, I am confident they are the leaders who will help lead Tempur Sealy into the future and meet the Company’s business needs going forward.”
About the Company
Tempur Sealy International, Inc. (NYSE: TPX) develops, manufactures, and markets mattresses, foundations, pillows and other products. The Company’s products are sold worldwide through third party retailers, its own stores, and online. The Company's brand portfolio includes many highly recognized brands in the industry, including Tempur®, Tempur-Pedic®, Sealy® featuring Posturepedic® Technology, and Stearns & Foster®. World headquarters for Tempur Sealy International is in Lexington, KY. For more information, visit http://www.tempursealy.com or call 800-805-3635.
Investor Relations Contact
Aubrey Moore
Investor Relations
Tempur Sealy International, Inc.
800-805-3635
Investor.relations@tempursealy.com