Sealy names Rogers as president, chief executive

By Associated Press
July 22, 2008 | Comments (0)

Recs

0

Special Offer!

Jan 12, Motley Fool Pro will accept new members for 10 days only. Your spot is reserved! To learn more, click below.

Motley Fool Pro

Sealy Corp. said Tuesday it appointed Lawrence Rogers as the company's new president and chief executive officer.

Rogers served as interim CEO since March after David McIlquham resigned.

Rogers has worked for Sealy since 1979, serving in various capacities including president of Sealy's North America, Canadian and international divisions.

Sealy, the largest bedding manufacturer in the world, said the move is effective immediately.

The mattress maker reported earlier this month its second-quarter earnings dropped 26 percent to $12 million, as domestic sales volumes declined and material costs surged.

Shares of the company rose 61 cents, or 9.8 percent, to close at $6.85

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

DocumentId: 690277, ~/articles/articlehandler.aspx, 1/8/2009 2:02:42 AM

Sign up for FREE Motley Fool site access to keep reading:

“Sealy names Rogers as president, chief executive”

Signing up allows you to comment on articles and on the discussion boards.

It's completely FREE and will take only 10 seconds.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.