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Mattress manufacturer’s EVP, global operations, retires
LEXINGTON, Ky. — Mattress and pillow manufacturer Tempur-Pedic has announced that its EVP of global operations, Matthew Clift, is retiring.
A succession plan and search is already underway with Clift continuing to lead the global operations team during the transition period.
Tempur-Pedic credits Clift with the global operations team’s success, which is describes as vital to the company's success and progression in recent years.
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Sears CEO stepping down; Lampert taking reins
New York -- In a surprise move, Sears Holdings Corp. announced that CEO Louis J. D'Ambrosio will step down as CEO, effective Feb. 2, for family health reasons. D'Ambrosio will be replaced by the company's chairman and its largest shareholder, Edward Lampert.