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Select Comfort Announces Leadership Succession
February 27,
2012 by in UnCategorized 
By Home Furnishings Business in on February 28, 2012
Specialty bedding retailer Select Comfort Corp. has announced that Bill McLaughlin, president and CEO, will retire June 1. He is 55.
Shelly Ibach, current COO, will succeed McLaughlin in the position. In anticipation of her new post, Ibach has been appointed to the board of directors, effective immediately.
McLaughlin will also retire as a director of the companys board, effective June 1.
Select Comfort is committed to setting a new standard in sleep for the consumer, said Jean-Michel Valette, chairman of the board of directors. This transition in leadership underscores the boards confidence in both the magnitude of the opportunity and the strength of the operating team. Shellys deep experience in retail, brand and product combined with her talent for developing high-performing, customer-centric teams make her the right leader to build on the strong foundation established by Bill.
Ibach was named COO June 2011. She oversees operations, marketing and sales and product management. Prior to her appointment as COO, she was executive vice president of sales and merchandising. Before joining Select Comfort in 2007, Ibach held senior position in Target Corp.s Target.com department store division.