TITLE

Select Comfort shareholder wants CEO out

AUTHOR(S)
Perry, David
PUB. DATE
June 2008
SOURCE
Furniture/Today;6/30/2008, Vol. 32 Issue 41, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the advocacy of the Clinton Group to revamp the management of Select Comfort, an airbed producer and retailer in Minnesota. Clinton Group pushes that the board should replace Bill McLaughlin as chief executive officer (CEO) as the company posted a net loss and decline in sales in the first quarter 2008. It also asked the board to terminate unprofitable stores, stop unnecessary investments and implement strategic marketing promotions.
ACCESSION #
33022917

 

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