Select Comfort CEO may skip pay

March 2008
Furniture/Today;3/3/2008, Vol. 32 Issue 26, p2
Trade Publication
The article reports on the corporate reorganization of airbed company Select Comfort Corp. in the U.S. The company's board of directors has decided to separate the firm's chairman and chief executive officer (CEO) roles by naming Ervin Shames as chairman and former chairman Bill McLaughlin as president and CEO. In the said move, the board also accepted McLaughlin's proposal of voluntarily giving up his 2008 salary if the company's performance will not improve.


Related Articles

  • Select Comfort stages remarkable rebound. Perry, David // Furniture/Today;3/27/2006 Supplement, p18 

    The article features Select Comfort, airbed producer and retailer in Minneapolis, Minnesota. The company's 2005 net sales is $69 million. Select President Bill McLaughlin has decided to launch the Hello Sleep Number Bed campaign in 2001 to boost the company's market performance. The company has...

  • New drive should fit CEO's Comfort level. Perry, David // Furniture/Today;8/20/2007, Vol. 31 Issue 49, p30 

    The article discusses bedding retailer Select Comfort's marketing strategy in the U.S. Chief executive officer (CEO) Bill McLaughlin introduced the Sleep Number Bed, enabling consumers to dial in their own comfort. The Sleep Number 7000 and the Sleep Number 9000 offer improvements that include...

  • Bedding execs excel on compensation list. Perry, David // Furniture/Today;8/2/2004, Vol. 28 Issue 47, p44 

    Focuses on the compensation of bedding executives in the U.S. Total pay package of Simmons Co. chairman Charlie Eitel; Inclusion of Select Comfort Corp. executive Bill McLaughlin in the compensation list; Earnings of Leggett & Platt Inc.'s Felix Wright.

  • Successful stores hardly ever sleep. Engel, Clint; Marshall, Fran // Furniture/Today;3/3/2003, Vol. 27 Issue 26, p34 

    Focuses on the retail success of bedding manufacturing companies. Minneapolis-based airbed producer and retailer Select Comfort's marketing excellence; Efforts of Better Bedding on the conventional side of the bedding category; Similarities and differences on how consumers look at various...

  • Top 25 Bedding Retailers.  // Furniture/Today;9/5/2011, Vol. 36 Issue 1, p16 

    The article lists the 25 top bedding retailers in the U.S. in 2009 and 2010 which include Select Comfort Corp. in Minneapolis, Minnesota, Big Lots Inc. in Columbus, Ohio, and RoomStore Inc. in Richmond, Virginia.

  • MBDA Reorganizes U.S. Subsidiary.  // Defense Daily;3/4/2010, Vol. 245 Issue 41, p3 

    The article reports on the re-organization of MBDA Group's U.S.-based subsidiary MBDA as a stand-alone national company. The company will now report to its Board of Directors and the MBDA Group as a national company as well as MBDA France, MBDA UK Ltd., MBDA Italy and MBDA Germany. MBDA is led...

  • THE MEAD CORPORATION VIEW. McSwiney, J. W. // Directors & Boards;Spring78, Vol. 3 Issue 1, p6 

    The article discusses the proposed changes in the executive level management structure of The Mead Corp., as discussed in the 1978 annual meeting. The corporate head will be the Chairman who will run the Board of Directors, and the President who will also be the chief executive officer (CEO)....

  • DIRECTOR IDENTITIES AND THE ROLE OF THE BOARD IN ORGANIZATIONAL TURNAROUND. WITHERS, MICHAEL C.; HILLMAN, AMY J. // Academy of Management Annual Meeting Proceedings;2008, Vol. 2008 Issue 1, p1 

    This article discusses the role of director personality in the efforts of boards of directors to transform troubled organizations. The services rendered by boards of directors during periods of organizational decline and turnaround is considered. The work of board members, which entails...

  • AIG to replace CEO Liddy, revamp board. Greenwald, Judy // Business Insurance;5/25/2009, Vol. 43 Issue 21, p1 

    The article reports on management reorganization plans by American International Group Inc. (AIG) in 2009. The company is facing difficulty in finding a replacement for Edward M. Liddy as chief executive officer (CEO), and according to analysts, the ideal candidate should be able to keep the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics