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Tempur Sealy Announces 2 New Board Directors

Tempur Sealy International, Inc. (NYSE: TPX) has announced it the appointments of Meredith Siegfried Madden as an independent director and Simon Dyer as a non-independent director, to serve on the board, effective January 1, 2022.

These appointments fill the newly created vacancies as the Board also approved an increase of the size of the board from 7 to 9 members. 

Madden serves as the chief executive officer of The Nordam Group Inc., a private, family-owned global aerospace manufacturing company since 2011. Madden has worked with The Nordam Group since 1999 and served in a variety of operations and sales positions until her appointment in 2009 as chief operating officer. In 2011, Madden was appointed as chief executive officer. Prior to joining The Nordam Group, Madden worked in consulting at Arthur Anderson & Co. from 1996-1999. 

Dyer is a director and chief executive officer of Dyer Holdings Pty Ltd and various affiliated entities (collectively, the Dyer Group) that have operated highly successful joint ventures (JV) with the company. The JVs are managed by the Dyer Group and are principally engaged in manufacturing, marketing and distribution in China, Asia and the UK of Sealy-branded bedding products. Dyer joined Dyer Holdings Pty Ltd in 1983, was appointed chief executive officer in 1986 and chairman in 2008. Under his 35 years of leadership in the mattress and bedding industry Sealy has been established as a major bedding brand in Asia.

"We are delighted to announce the appointment of Mrs. Madden and Mr. Dyer," commented Scott Thompson, "We believe Mrs. Madden's and Mr. Dyer's wealth of experience in leadership, international markets, manufacturing and sales will facilitate our continued long-term growth. We are thrilled to have them join the team." 



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