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Simmons Announces Resignation of Gary S. Matthews

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Simmons announced the resignation of Gary S. Matthews from the position of president of Simmons Company and its affiliates, including Simmons Bedding Company. Mr. Matthews joined Simmons in December of 2006. Mr. Matthews’ resigned as the result of he and his family’s decision not to relocate from Connecticut to Atlanta as originally expected, as well as Chairman and CEO Charlie Eitel’s commitment to remain in his current position longer than initially anticipated. Mr. Eitel will assume Mr. Matthews’ responsibilities; therefore, the Company is not seeking a replacement at this time. “Gary has made great contributions to our business during his tenure,” said Mr. Eitel. “We appreciate the importance of family and wish him all the best.” About Simmons Bedding Company: Atlanta-based Simmons Company and its subsidiaries (“Simmons”) is one of the world's largest mattress manufacturers, manufacturing and marketing a broad range of products under brands including Beautyrest®, BackCare®, Beautyrest Black™, Natural Care™ Latex, BackCare Kids® and DeepSleep®. It operates 21 conventional bedding manufacturing facilities and two juvenile bedding manufacturing facilities across the United States, Canada and Puerto Rico. Simmons also serves as a key supplier of beds to many of the world’s leading hotel groups and resort properties. Simmons is committed to developing superior mattresses and promoting a higher quality sleep for consumers around the world. For more information, visit the company's website at www.simmons.com.