Select Comfort Corp. (SCSS) Monday announced that its chief operating officer Shelly Ibach will succeed Bill McLaughlin as president and chief executive officer, effective June 1, 2012.
Ibach has also been appointed to the board, effective immediately. As part of the succession, McLaughlin will retire as a director of the board, effective June 1, 2012.
"Select Comfort is committed to setting a new standard in sleep for the consumer. This transition in leadership underscores the board's confidence in both the magnitude of the opportunity and the strength of the operating team," explained Jean-Michel Valette, chairman, Select Comfort Board of Directors.
"I'm excited to assume leadership of the company during such an important time in our evolution," said Ibach.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.