leadership
confidence high
sentiment neutral
materiality 0.75
Sleep Number appoints Linda Findley as President and CEO effective April 7, 2025
Sleep Number Corp
- Linda Findley, former Blue Apron CEO and Etsy COO, succeeds retiring Shelly Ibach as CEO and joins Board.
- Compensation: $1.2M base salary, 125% target AIP, $10M inducement grant (RSUs/PSUs), $5M annual LTI from 2026.
- Phillip Eyler appointed independent Board Chair after 2025 Annual Meeting; Michael J. Harrison retiring from Board.
- Findley's appointment unanimous by independent directors; search process with executive search firm.