leadership
confidence high
sentiment neutral
materiality 0.65
Sleep Number appoints Amy O'Keefe as CFO; reaffirms FY2025 guidance
Sleep Number Corp
- Amy O'Keefe becomes CFO effective Dec 8, 2025, succeeding interim CFO Bob Ryder who advises through Dec 12.
- O'Keefe receives $625k base salary, 70% target bonus, $1.8M inducement grants (RSUs/PSUs) under Nasdaq rules.
- Sleep Number reaffirms full-year 2025 net sales, adjusted EBITDA, year-end profitability exit rate, and loan covenant compliance.
- Updated investor presentation outlines turnaround strategy: cost reductions, operational streamlining, amended credit agreement.