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From Home Furnishing Business

Tempur Sealy Names New Board Member

Tempur Sealy International (NYSE: TPX) has named Jon Luther to its board of directors.

Luther will serve on the company’s nominating and corporate governance committee. He will also serve on the company’s CEO search committee for a successor to Mark Sarvary, former CEO.

Luther served as CEO of Dunkin' Brands from January 2003 to January 2009 and chairman from March 2006 to January 2009. In 2009, he assumed the role of executive chairman and became non-executive chairman from July 2010 until his retirement in May 2013.  Prior to Dunkin' Brands, Luther was president of Popeyes, a division of AFC Enterprises, from February 1997 to December 2002. Prior to Popeyes, Mr. Luther served as president of CA One Services, a subsidiary of Delaware North Companies, Inc. and served as president and CEO of Benchmark Services, Inc., a food services company he founded.

Earlier in his career, Mr. Luther held various leadership positions at Marriott Corp. and ARAMARK. Luther is a member of the board of directors of Six Flags Entertainment Corp. and Brinker International, Inc., and is the chairman of the board of Arby's Restaurant Group.  

"I am pleased to welcome Jon Luther to our board of directors,” said Frank Doyle, Tempur Sealy chairman of the board of directors. “He is a proven business leader, with a strong track record of profitably growing large global consumer branded businesses. Jon has a keen understanding of the consumer and notable brand development expertise. As CEO of Dunkin' Brands, he led the company's highly successful brand repositioning under the "America Runs on Dunkin" marketing umbrella. He also has significant relevant experience as a public company CEO and a director of other high-performance public companies. I am confident Jon will make substantial contributions to our company as one of our two new independent directors added to the board since our 2015 Annual Meeting.”




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