Daily News

From Home Furnishing Business

Select Comfort Board Members Reelected

May 26, 2015  by in Executive Changes, Industry   

The specialty sleep retailer had been in a proxy fight with Blue Clay Capital Management over a few of the board nominees. Blue Clay abandoned its proxy context May 12 and withdrew its slate of nominees for election to the board.

The company issued the following statement: “We appreciate the strong support we have received from our shareholders throughout this process. Today, Select Comfort shareholders have voted overwhelmingly to re-elect all of the company’s director nominees to the board. As such, we are focused on the continued execution of the company’s consumer-driven innovation strategy to deliver profitable growth and create value for shareholders.”