Tempur Sealy expands board to 9; appoints Madden (independent) and Dyer (non-independent) effective Jan 1, 2022

SOMNIGROUP INTERNATIONAL INC.

Board size increased from 7 to 9 members; both appointments effective January 1, 2022.
Meredith Madden is CEO of NORDAM Group; brings manufacturing and international experience.
Simon Dyer leads Dyer Group, which operates Sealy JVs in China, Asia, and UK; JVs generated $16.5M profit for each side in 2020.
Dyer Group received $3.4M in management fees and $16.5M profit allocation from the JVs in 2020.
Each new director will receive a pro-rata equity award under the non-employee director compensation plan.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Meredith Siegfried Madden

Independent Director

SGI · SOMNIGROUP INTERNATIONAL INC.

Effective: 2022-01-01
Filed: December 16, 2021, 6:59 PM ET

On December 13, 2021, the Board of Directors (the “Board”) of Tempur Sealy International, Inc. (the “Company”) approved an increase of the size of the Board from 7 to 9 members effective January 1, 2022 and filled the newly created vacancies by appointing Meredith Siegfried Madden, as an independent director, and Simon Dyer, as a non-independent director, to serve on the Board, effective January 1, 2022.

Appointed

Simon Dyer

Non-Independent Director

SGI · SOMNIGROUP INTERNATIONAL INC.

Effective: 2022-01-01
Filed: December 16, 2021, 6:59 PM ET

On December 13, 2021, the Board of Directors (the “Board”) of Tempur Sealy International, Inc. (the “Company”) approved an increase of the size of the Board from 7 to 9 members effective January 1, 2022 and filled the newly created vacancies by appointing Meredith Siegfried Madden, as an independent director, and Simon Dyer, as a non-independent director, to serve on the Board, effective January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Meredith Siegfried Madden was appointed as Independent Director at SOMNIGROUP INTERNATIONAL INC..

Action: appointed
Role: Independent Director

Exact text from the filing

On December 13, 2021, the Board of Directors (the “Board”) of Tempur Sealy International, Inc. (the “Company”) approved an increase of the size of the Board from 7 to 9 members effective January 1, 2022 and filled the newly created vacancies by appointing Meredith Siegfried Madden, as an independent director, and Simon Dyer, as a non-independent director, to serve on the Board, effective January 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Simon Dyer was appointed as Non-Independent Director at SOMNIGROUP INTERNATIONAL INC..

Action: appointed
Role: Non-Independent Director

Exact text from the filing

On December 13, 2021, the Board of Directors (the “Board”) of Tempur Sealy International, Inc. (the “Company”) approved an increase of the size of the Board from 7 to 9 members effective January 1, 2022 and filled the newly created vacancies by appointing Meredith Siegfried Madden, as an independent director, and Simon Dyer, as a non-independent director, to serve on the Board, effective January 1, 2022.

View on SEC.gov

SOMNIGROUP INTERNATIONAL INC. filing history →

Source: SEC EDGAR

accession 0001206264-21-000261

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.