Brian Callahan Resigns as CFO of Serta Simmons Bedding

Furniture World News Desk on 2/24/2015

Serta Simmons Bedding, LLC (SSB) announced that Chief Financial Officer Brian Callahan has resigned from the company to pursue other interests, effective today. SSB has retained a leading global executive search firm to identify and secure a permanent replacement. In the interim, SSB Chief Executive Officer Gary Fazio will assume oversight of the company’s finance functions.

“On behalf of SSB, I would like to thank Brian for his dedicated service to the company. He has made valuable contributions to SSB in our continued efforts to execute on our plans to grow our two leading mattress brands.”

“On behalf of SSB, I would like to thank Brian for his dedicated service to the company. He has made valuable contributions to SSB in our continued efforts to execute on our plans to grow our two leading mattress brands,” said Mr. Fazio.

About Serta Simmons Bedding, LLC: Serta Simmons Bedding, LLC (“SSB”) owns and manages two of the largest bedding brands in the mattress industry – National Bedding Company L.L.C. (the largest licensee and majority shareholder of Serta, Inc.) and Simmons Bedding Company, LLC. SSB is based in Atlanta and operates 33 manufacturing plants in the United States, five in Canada and one in Puerto Rico. Its subsidiary, National Bedding Company L.L.C., is based in suburban Chicago and markets a broad range of products under the Serta® brand, including Perfect Sleeper®, iComfort®, iSeries®, Sertapedic® and a portfolio of licensed products. In addition to National Bedding Company L.L.C., Serta, Inc. has five other independent licensees in the United States and one in Canada that manufacture and market Serta-branded products. SSB’s other subsidiary, Simmons Bedding Company, LLC, is based in Atlanta and markets a broad range of products including Beautyrest®, Beautyrest Black® and BeautySleep®. Both companies also serve as key suppliers of beds to many of the world's leading hotel groups and resort properties.