logo
Share SHARE
FONT-SIZE Plus   Neg

Select Comfort Names COO Shelly Ibach To Succeed CEO Bill McLaughlin

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Xiaomi Corp., nicknamed the "Apple of China" is planning to launch laptops, a report by Bloomberg said. The Chinese brand has been pausing a direct challenge to major smart phone brands in Asian markets in the recent years. It has planned to win over China, India and Brazil markets those together would account for one third of the worldwide sales. Value-priced fashion apparel and accessories retailer Cato Corp. (CATO) Thursday announced a four percent increase in comparable store sales for August. Sales were for the four week period was up five percent to $67 percent from $63.6 million last year. For the thirty weeks ended August 29, the... Simple, uncluttered, colorful and friendly. That's how Google describes its new logo. The new typeface is sans-serif and without any shadow or embossing, unlike its earlier logos. It has given blue, red, yellow and green to its letters. The "e" is slightly tilted and stylized. On its browser tabs, it has replaced the lower case blue colored "g" with an upper case "G" in four colors.
comments powered by Disqus
RELATED NEWS
Trade SCSS now with 
Follow RTT