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
Western Digital Corp. and U.S. private equity firm KKR & Co. LP have resubmitted an offer for Toshiba Corp.'s flash memory chip unit, according to media reports on Tuesday. The new offer is said to be around 2 trillion yen. Western Digital's re-submission of a bid comes amid speculation that Toshiba might sign an agreement by Wednesday to sell the business to a Japanese-led consortium. Mexican fast-food chain Taco Bell has announced a quickie Las Vegas wedding for its fans starting August 7. The unit of fast-food behemoth YUM! Brands said the weddings at a Taco Bell Cantina on The Strip will cost $600, including the ceremony, a private party for 15 guests and custom merchandise for the bride and groom. The package includes a dozen tacos, a Cinnabon Delights cake.. Google has been fined a hefty 2.42 billion euros or $2.7 billion by the European Commission for breaching EU antitrust rules. The Commission ruled that Google has abused its market dominance as a search engine by giving illegal advantage to its own comparison shopping service.
comments powered by Disqus
Follow RTT