Category: SSB

Serta Simmons Bedding Appoints Cesar Perez as Chief Financial Officer

DORAVILLE, Ga., – July 8, 2024 – Serta Simmons Bedding (SSB), a leading global sleep company, announced today that Cesar Perez has been appointed Chief Financial Officer (CFO), effective July 8, reporting into newly appointed Chief Executive Officer Jim Loree. Perez will also serve as a member of the company’s senior leadership team.

As CFO, Cesar will oversee the finance organization, with responsibility for operations, commercial, and corporate financial planning and analysis (FP&A), accounting, finance shared services, internal audit, tax and treasury, as well as information technology and information security.

Perez joins SSB with 19 years of finance leadership experience, including at Electrolux, where he served as CFO for North America and as a member of the global CFO team. In that role, he served as strategic financial partner to the CEO, with P&L responsibility for a $5 billion business across manufacturing, R&D and distribution. Cesar began his career at GE Appliances and spent over a decade in financial management positions of increasing responsibility, ultimately responsible for all aspects of finance for GE Appliance sales and marketing.

“As we continue to execute our strategic business transformation, I am excited to welcome Cesar to Serta Simmons Bedding as our CFO,” said Jim Loree, CEO. “His success as an executive leader, coupled with his extensive operational and finance experience, will be critical in strengthening our organization, driving profitable growth and increasing free cash flow. I look forward to working closely with Cesar and the rest of the senior leadership team to build on our growing business momentum, developing a strong culture of accountability and harnessing the power of our enterprise to drive outstanding financial results.”

“Serta Simmons Bedding has an incredible portfolio of powerful brands,” said Perez. “I look forward to partnering with Jim and the leadership team, the finance team, and broader organization to continue to accelerate SSB’s turnaround.”

About Serta Simmons Bedding

Serta Simmons Bedding (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensees, Beautyrest®, Tuft & Needle® and Beauty Sleep®. For more information about SSB and its brands, visit https://sertasimmons.com/.

Media Contact

Jamie Wallis
Serta Simmons Bedding
SSBCommunications@sertasimmons.com

Jim Loree Named CEO of Serta Simmons Bedding

Serta Simmons Bedding, LLC (SSB), a leading global sleep company, today announced that Jim Loree, a seasoned executive and a member of the SSB Board of Directors, has been appointed as Chief Executive Officer, effective July 1. He succeeds Mark Genender, Interim Chief Executive Officer, who will remain on the SSB Board of Directors as Chairman and transition with Loree over the coming months.

Loree brings significant consumer durables and retail channel experience, having served in C-suite roles at Stanley Black & Decker, Inc. for almost 25 years, including serving as the company’s CEO from 2016 to June 2022. During his tenure, Loree led growth strategies to increase revenue from $2 billion to $16 billion. Under Loree’s leadership, the company enhanced its advanced manufacturing capabilities, increased operational excellence and responsible business practices, and was recognized as a best workplace for innovators as well as for diversity and inclusion.

“It’s been a privilege to serve as Interim CEO, and I’m proud of the entire SSB team’s commitment to our turnaround efforts,” said Genender. “Over the last eight months, we have successfully relaunched a large portion of our product portfolio, enhanced critical retail relationships, initiated national advertising campaigns, and improved service levels and operating metrics across our plant network. These accomplishments have only been possible through coordination and teamwork across all functions of the organization. We are beginning to see the success of these efforts through regained market share, and we are well positioned for future growth and success.”

“Jim’s appointment follows a thoughtful search for a permanent CEO by our Board of Directors. We are confident he is the right choice to help us continue accelerating our turnaround efforts and drive financial results,” Genender added. “He brings deep experience from Stanley Black & Decker and General Electric and a record of delivering operating and financial results, and I look forward to working closely with him as Board Chairman as we continue to expand our business and drive profitability.”

“I am honored to have the opportunity to lead the Serta Simmons Bedding team into the next phase of our company’s turnaround, grounded in progress and profitable growth,” said Loree. “Mark and the leadership team have laid a strong foundation for success, and I look forward to building on the turnaround strategy and developing a strong culture of accountability focused on driving financial results.”

About Jim Loree

Jim Loree is the former chief executive officer of Stanley Black & Decker, Inc., a position he held from 2016 to June 2022. He also served on the Board of Directors of Stanley Black & Decker, Inc. during that time.  As CEO, Loree led more than 60,000 employees across 60 countries who make power tools, hand tools, outdoor power equipment and industrial products.

Loree originally joined Stanley Black & Decker, Inc., then Stanley Works, as Vice President and CFO in 1999, and was promoted to President and Chief Operating Officer in 2009 and then CEO in 2016. During his nearly 25 years at the company, Loree led growth strategies to increase revenue from $2 billion to $16 billion. Prior to joining Stanley Works, Loree spent 19 years at General Electric Company in a combination of leadership positions in finance, strategic planning and operating management.

Loree holds a bachelor’s degree in economics from Union College, and serves on the board of Whirlpool Corporation, United Natural Foods, Inc., and Quinnipiac University, and is also a director of the Jim and Rebecca Loree Foundation.

About Serta Simmons Bedding

Serta Simmons Bedding (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensees, Beautyrest®, Tuft & Needle® and Beauty Sleep®. For more information about SSB and its brands, visit https://sertasimmons.com/.

Media Contact

Jamie Wallis
Serta Simmons Bedding
SSBCommunications@sertasimmons.com

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Serta Simmons Bedding Launches Beauty Sleep® & Serta® Classic® Collections

Quality and Comfort Products at Value Price Points Designed for Retail Velocity

DORAVILLE, Ga. – May 22, 2024– Serta Simmons Bedding (SSB), a leading global sleep company, announced today the launch of its new Beauty Sleep® Collection & Serta® Classic® Collection.

Designed to provide exceptional comfort and support at a compelling value, the new Beauty Sleep collection, with Original Beautyrest® Pocketed Coil® Technology for consistent, supportive sleep, and Serta Classic collection, with 3 comfort zones designed for essential lower back care and classic comfort, were developed with clear step-up merchandising platforms to introduce new consumers to the Beautyrest® and Serta® brand portfolios.

The new products are arriving at retail for Memorial Day and will also be showcased at the Summer Las Vegas Market taking place July 28 – August 1, 2024.

“The value segment is a growth area in the mattress market, but consumers are looking for trusted brands,” said Dominick Azevedo, Chief Sales Officer, SSB. “With the Beauty Sleep and Serta Classic collections, we are launching great new products that offer superior comfort, support and quality at a value price, helping drive velocity for our retail partners.”

The new launches of Beauty Sleep and Serta Classic continue the pace of 2024 new product introductions for SSB. Combined with recent Beautyrest® Black® and Serta® iComfort® launches, SSB expects to deliver more than 25,000 placements at over 6,000 retail store locations over the first half of 2024.

About The New Beauty Sleep Collection

The new Beauty Sleep Collection features Original Beautyrest® Pocketed Coil® Technology for consistent support and comfort designed with value in mind. The collection is available in Quilted Innerspring and Hybrid constructions, both with supportive sleep surfaces made from quality foams.

Key benefits for Beauty Sleep models include:

  • Firm or Plush 815 density Original Beautyrest Pocketed Coil Technology for consistent, comfortable support
  • AllCool™ Gel memory foam* that contours the body for increased pressure relief
  • AirCool® foam with a unique channeled design that allows airflow through the mattress for cool, comfortable sleep*

*Available in select models 

“We developed Beauty Sleep to be separate from but adjacent to Beautyrest,” said Rolf Sannes, SVP, Beautyrest Brand Marketing. “Beauty Sleep was introduced for price-conscious consumers looking for the aesthetics, performance and quality that Beautyrest offers at a value price point.”

The Flat Mattress collection spans 8 models in total that feature clear merchandising step-ups across the line. This collection features options for all sleepers, with 6 Quilted models ranging from firm to ultra plush comfort preferences with suggested pricing starting at $399 (Queen Firm) up to $699 (Queen Ultra Plush) and 2 Hybrid models with medium and plush support with suggested pricing starting at $699 (Queen Medium) up to $799 (Queen Plush).

A Beauty Sleep Mattress in a Box collection will follow in August of 2024.

For more information about Beautyrest products, visit https://www.beautyrest.com/

About the New Serta Classic Collection

All Serta products now feature Zoned comfort that always has your back™. The new Serta Classic Collection was designed to give consumers quality and comfort at an affordable price with 3 support zones designed for essential lower back care and classic comfort.

Serta Classic is offered at two levels – Standard and Enhanced. Each mattress features a soft, breathable cover, as well as PillowSoft® Aire foam to provide enhanced cushioning while promoting airflow through its unique, gently rippling design and 800-density coil support system. The Enhanced level features additional pressure relief for enhanced comfort with Gel Memory Foam.

“The Serta Classic Collection was developed to bring consumers into the Serta family at an approachable price,” said Anne Edwards, Senior Vice President, Serta Brand Marketing. “With supportive, individually wrapped coils and cushioning foam, the new Serta Classic blends the durability you want with the zoned comfort you need to sleep well for years to come.”

The collection spans 6 Quilted models, ranging from firm to plush pillow top support and comfort preferences with suggested pricing starting at $399 (standard Queen Medium) up to $699 (enhanced Queen Plush Pillow Top).

Building Loyalty and Driving a Turnaround

“With these new launches, we’re introducing new consumers to our brands, so they can ultimately start the step-up journey,” said Tim Oakhill, Chief Marketing Officer. “The Serta Classic consumer will one day be a Serta iComfort consumer, and the Beauty Sleep consumer will one day be a Beautyrest Black consumer. We are perfecting our already powerful brand portfolio and have created a value proposition that allows the consumer to find the right products to fit their needs.”

Serta Simmons has a pipeline of exciting new products launching over the coming months. For Serta, this includes Perfect Sleeper X™, iComfortPro™ and Perfect Sleeper Pro™, as well as Serta® Classic® Mattress in a Box. For the Beautyrest platform, this includes Beautyrest Black Hybrid and the Beauty Sleep Mattress in a Box Collection.

“The launch of Beauty Sleep and Serta Classic, designed for retail velocity, are foundational to our turnaround strategy,” said Mark Genender, Interim CEO. “Coupled with our premium Beautyrest Black and Serta iComfort launches earlier this spring and supported with retailer partnerships and our national advertising campaigns, we will continue to regain market share, expand our business, and drive success.”

For more information on all Serta products, visit https://www.serta.com/

About Serta Simmons Bedding

Serta Simmons Bedding (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensees, Beautyrest®, Tuft & Needle® and Beauty Sleep®. For more information about SSB and its brands, visit https://sertasimmons.com/.

Media Contact:

Jamie Wallis
SSBCommunications@Sertasimmons.com

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Serta Simmons Bedding Launches New Serta® iComfort ® Collection

Brand Returns to Roots on Hugely Successful Line

Zoned Comfort That Always Has Your Back™

DORAVILLE, Ga. – May 15, 2024– Serta Simmons Bedding (SSB), a leading global sleep company, announced today the launch of its new Serta® iComfort® Collection. Designed to ensure all-night comfort, the new all-foam collection features 5 support zones for full-body alignment.

The new Serta iComfort mattress collection will start hitting retail floors for Memorial Day and will also be showcased at the Summer Las Vegas Market taking place July 28 – August 1, 2024.

“The original iComfort Collection was one of the most successful lines of all time for Serta,” said Anne Edwards, Senior Vice President, Serta Brand Marketing, SSB. “It was a simple, powerful formula: competitive pricing, clear merchandising, and great feeling beds. That’s what iComfort stands for, and that’s what we are delivering. The consumers who first fell in love with the original collection are back in the market today and will be delighted.”

The collection is on track to have samples shipped to 130 dealers across more than 700 doors by the end of the summer – with 80% on-site by the end of Q2. With this launch the iComfort retail footprint is growing by more than 20%.

“We are bringing our customers products that truly work at retail,” said Dominick Azevedo, Chief Sales Officer, SSB. “When iComfort launched, it had incredible immediate success, and this collection is poised to do the same, with forward-looking fashion aesthetics and simple step-up stories at extremely competitive pricing.”

About The Newest Serta iComfort Collection

iComfort mattresses will now feature 1” to 4.5” of memory foam, including Serta’s 5 ZoneResponse™ Design, providing head-to-toe comfort and support for restorative sleep:

In addition, the iComfort Collection features CoolFeel™ fabric with premium aesthetics to provide cool, restful sleep throughout the night and pressure relieving comfort through Perfect Conform™ memory foam that contours and cradles pressure points.

“With our Serta iComfort launch, we are honoring the legacy of the brand,” said Tim Oakhill, Chief Marketing Officer. “This is a beloved product, and we have made it even more comfortable, with a cohesive and intuitive step-up and merchandising story to welcome consumers to the Serta brand – and to make selling iComfort a dream for our retail partners.”

The collection spans 7 models, ranging from firm to plush support and comfort preferences with suggested pricing starting at $1,299 (Queen Firm) up to $1,999 (Queen Plush).

“Great new product launches like Serta iComfort are foundational to our turnaround strategy,” said Mark Genender, Interim CEO, SSB. “Coupled with close retailer partnerships and broad national advertising, we will continue to regain market share and expand our business. We have an innovative and compelling pipeline of new products including Perfect Sleeper X™, iComfortPro™, Perfect Sleeper Pro™, and our opening price point Serta® Classic®  which will be available in both flat mattresses and Mattress in a Box. I’m excited for us to drive results.”

For more information on all Serta products, visit https://www.serta.com/

About Serta Simmons Bedding

Serta Simmons Bedding (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensees, Beautyrest®, Tuft & Needle® and Beauty Sleep®. For more information about SSB and its brands, visit https://sertasimmons.com/.

Media Contact:

Jamie Wallis
SSBCommunications@Sertasimmons.com

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Serta Simmons Bedding Launches New Beautyrest Black® Collection

Unveils New Beautyrest® Marketing Campaign, Reimagining the Bowling Ball Commercial

DORAVILLE, Ga. – May 1, 2024– Serta Simmons Bedding (SSB), a leading global sleep company, announced today the launch of its new Beautyrest Black® Collection. Alongside the launch, the company also announced a new Beautyrest® marketing campaign which brings back a modernized version of the iconic bowling ball commercial which first appeared 29 years ago.

The new Beautyrest Black mattresses, as well as the other anchor products in SSB’s portfolio and elements from the new Beautyrest campaign, will be hitting retail floors throughout the second quarter and will also be showcased at the Summer Las Vegas Market taking place July 28 – August 1, 2024.

“At SSB we are always looking for opportunities to both enhance the overall sleep experience for our consumers, and create the best shoppable experience,” said Rolf Sannes, Senior Vice President, Brand Marketing, SSB. “Each level within the Beautyrest Black portfolio provides the customer with step-ups in features without losing any of the innovations of the previous series.”

The new Beautyrest Black Collection launched in mid-April, and by the end of the second quarter, SSB will have shipped samples to nearly 5,000 retail store locations across more than 190 dealers.

“The response and excitement in the market has been incredible and has exceeded our expectations,” said Dominick Azevedo, Chief Sales Officer, SSB. “With the Beautyrest Black launch, we are bringing our retail partners a collection of products that are not only beautifully designed, but they take comfort to a new level – and their customers will be thrilled.”

About The Newest Beautyrest Black Collection

 

Beautyrest Black is the flagship line of Beautyrest, a leading brand in the luxury innerspring category. With the union of fine materials and premier technology, Beautyrest Black aligns where luxury meets innovation for restorative sleep.

First introduced in 2006, the latest evolution of the product lineup is being brought to the market this year with four levels of quilted innerspring models, branded Beautyrest Black Series One through Four.

All series feature the brand’s exclusive, unique triple-stranded Pocketed Coil® technology for individualized support and motion separation, Sleep Climate™ technology for temperature management, high-density foams, luxurious fashion-inspired aesthetics, quilted borders and eight handles.

The collection spans 20 models, with both Tight Top and Pillow Top options to suit support and comfort preferences with suggested pricing starting at $1,999 (Queen Series One) up to $4,999 (Queen Series Four).

Details of the new collection include:

  • Beautyrest Black Series One: Triple-stranded Pocketed Coil technology combined with Beautyrest gel memory foam and high-density memory foams, and Sleep Climate technology
  • Beautyrest Black Series Two: Addition of quilted memory foam and Micro Diamond™ memory foam
  • Beautyrest Black Series Three: Adds Self Response™ latex and 2K nano coils (Queen Pillow Top models)
  • Beautyrest Black Series Four: Upgrades to 4K nano coils (all Queen models)

New Beautyrest Marketing Campaign—The Bowling Ball Reimagined

The new brand campaign was developed to demonstrate the benefits of SSB’s Beautyrest Pocketed Coil technology, using bowling balls to serve as a symbol of the things that can disturb sleepers during the night – a partner, kids or even pets.

Comfort layers and the Pocketed Coil technology react to the impact and motion of falling bowling balls as they land and settle, demonstrating the incredible motion separation Beautyrest Black mattresses deliver. The campaign is grounded with the tagline “People at their best get their Beautyrest,” underscoring that no matter what drops into a consumer’s life, Beautyrest is there to help them experience peaceful, undisturbed sleep each night.

 

“Our new Beautyrest campaign goes back to our roots,” said Tim Oakhill, Chief Marketing Officer. “The original bowling ball commercial first aired in 1995, and then again in 2006, and we are excited to re-imagine that concept to highlight the individualized support and motion separation that the new Beautyrest Black line delivers.”

The new Beautyrest campaign was shot in early April and launches May 13 with a surround-sound media campaign across video, display, social and search.

“We are incredibly excited about the Beautyrest Black launch and the new campaign,” said Mark Genender,  Interim CEO, SSB. “This is the first of several major product launches we are executing over the coming months – through great new products, national advertising, and close partnerships with our retailers, we will continue to execute our turnaround strategy and regain market share.”

For more information on the new Beautyrest products, visit https://www.beautyrest.com/.

About Serta Simmons Bedding

Serta Simmons Bedding (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensees, Beautyrest®, Tuft & Needle® and Simmons®. For more information about SSB and its brands, visit https://sertasimmons.com/.

Media Contact:

Jamie Wallis
SSBCommunications@Sertasimmons.com

 

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New Serta Survey Discovers The Best Way To Achieve Maximum Comfort

Serta is a brand that’s been a champion of comfort for more than 90 years and with winter in full swing, we commissioned a survey with OnePoll* of 2,000 Americans to find out how people are experiencing comfort during these dark and cold winter months.

As part of our study, we discovered that only a fifth of Americans have experienced true comfort — feeling completely relaxed or at ease — in the past 24 hours and uncovered how people unwind, including:

  • The survey revealed that more than anything else, taking a nap (47%) was the top way respondents found true comfort. This was followed by taking a walk outside (41%), with having a spa day (36%) rounding out the top three ways respondents prefer to find comfort in their day.
  • And as the temperatures drop, respondents said they also find true comfort by taking a hot bath (34%) and creating the perfect temperature at home (25%) — which was determined to be 72 degrees Fahrenheit.
  • Catching some shut-eye is clearly a crowd favorite, but actually nodding off can be tricky for some — which is why 86% use a sleep or relaxation trick to help them catch some z’s.

While 46% of Americans surveyed who use a trick still count sheep to help them sleep, survey respondents detailed their must-haves to drift off to dreamland, with bedding revealed to be high in popularity.

  • Half of respondents identified using fresh sheets or pillowcases help them fall asleep, and 43% said using their favorite pillow. Millennials were more likely to attribute a good night’s sleep to fresh sheets (51% vs. 45%), while baby boomers were more likely to depend on their favorite pillow (55% vs. 43%).

Meanwhile, when it comes to blankets, Americans are split if they make the final cut in their nighttime routine, as 54% need to be either fully or partially covered. Regardless of individual sleep preferences, Serta is making it easier to find relaxation this winter by creating offerings across the Serta portfolio that are designed to provide superior comfort.

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*Data from a survey conducted by OnePoll on behalf of Serta, with a panel of 2,000 Americans.

Serta Simmons Bedding Unveiling Seven New Collections Across Its Serta® and Beautyrest® Product Platforms at Winter Las Vegas Market

New Serta and Beautyrest Product Lineups Provide Innovation at Every Price Point From Affordable Entry Level to Luxury to Ultra-Premium

Doraville, GA (January 27, 2024) Serta Simmons Bedding, LLC, one of the world’s leading sleep companies, today announced that it will launch seven new collections across its Serta® and Beautyrest® product platforms this year. The collections are designed to better position each brand with compelling product lineups with “step-up” value propositions and feature sets that are easy for consumers to understand and give our retailers the product assortment to drive step-up selling.

The new products from Serta and Beautyrest will be showcased to retailers at the upcoming Winter Las Vegas Market inside Serta Simmons Bedding’s dedicated suites B1265 and B1201. Retailers can begin ordering the products at the tradeshow in advance of the product launches starting this spring.

“As we assessed our product portfolio and spoke with many key retail partners, it became clear that we have a unique opportunity to innovate and extend our leading brand platforms to better meet the needs of our valued retailers and consumers,” said Mark Genender, Interim CEO of Serta Simmons Bedding. “Our new product lineups from Serta and Beautyrest have stunning aesthetics and are better differentiated than ever, with easy to navigate features, benefits and pricing, all designed to make it simple for retailers to showcase and sell our powerful brands. We are looking forward to their introduction at Winter Las Vegas Market as we plan for their launch this year.”

In developing the new Serta and Beautyrest collections, the Serta Simmons Bedding team was careful to protect and highlight the benefits of each brand, while creating “product platforms” that let each brand stand on their own with unique selling stories.

Serta – Zoned Comfort that Always Has Your Back
Every mattress in the new Serta lineup will feature zoned comfort to support the sleeper’s body the way it was meant to be supported. The lineup consists of six mattress collections that each have unique value propositions and, within each, offer ever-increasing features and benefits that allow the customer to zone in on their perfect comfort at any price point. The collections include:

  • Serta Classic®: Affordable, entry level pricing that is classically comfortable with features such as breathable fabric, gel memory foam and three zones of innersprings
  • Serta Perfect Sleeper®: Perfectly zoned comfort with CoolFeelTM fabric, Cool Twist® memory foam, and three ZoneActive® support designs
  • Serta Perfect Sleeper® Hybrid: Perfectly conforming with CoolFeel fabric, PerfectConform Memory Foam, and a five ZoneActive hybrid design
  • Serta Perfect Sleeper ProTM Hybrid: Perfectly responsive with CoolFeel Pro System, natural True ResponseTM Latex Foam, and a premium hybrid five ZoneActive hybrid design consisting of coils and zoned latex.
  • Serta iComfort®: Conforming comfort with CoolFeel fabric, PerfectConformTM memory foam and an all-foam five ZoneResponseTM design
  • Serta iComfortProTM: Responsive comfort with CoolFeel Pro System, natural True Response Latex Foam, and premium all-foam five ZoneResponse design

In addition, Serta is adding an all-new Serta Motion Renew™ Adjustable Base to its lineup of adjustable bases, which features key step-up benefits including dual massage, sound machine, underbed lighting, anti-snore and memory presets.

Beautyrest – People at Their Best Get Their Beautyrest™

Beautyrest is focused on providing a sleep environment created with individualized support and motion isolation to deliver individualized sleep, designed for you.Beautyrest Black® is the flagship line of Beautyrest and a leading brand in the luxury innerspring category. First introduced in 2006, the latest evolution of the product lineup is being brought to the market this year with four levels, branded Beautyrest Black Series One through Four. All series feature the brand’s unique triple-stranded Pocketed Coil® technology for individualized support and motion separation, micro-diamond memory foam for temperature management, high-density foams, luxurious fashion-inspired aesthetics, quilted borders and eight handles.

Each level within the Beautyrest Black portfolio provides the customer with step-ups in features without losing any of the innovations of the previous series, including the following highlights:

  • Beautyrest Black Series One: Triple-stranded Pocketed Coil® technology combined with Beautyrest gel memory foam and high-density memory foams, and Sleep ClimateTM technology
  • Beautyrest Black Series Two: Additional layer of quilted memory foam and Micro DiamondTM memory foam
  • Beautyrest Black Series Three: Adds Self Response™ latex and 2k nano coils
  • Beautyrest Black Series Four: Upgrades to 4k nano coils

In addition, the Beauty Sleep® brand will be re-introduced this year and unveiled at Las Vegas Market. Positioned separate from, but adjacent to Beautyrest, Beauty Sleep will deliver quality, affordable products with consistent support and long-lasting comfort. Each of the eight models feature Pocketed Coil® technology, available in both quilted and hybrid constructions.

About Serta Simmons Bedding
Serta Simmons Bedding, LLC (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensees, Beautyrest®, Tuft & Needle® and Simmons®. For more information about SSB and its brands, visit sertasimmons.com.

Media Contact:
SSBCommunications@sertasimmons.com

Serta Simmons Bedding Opens New State-of-the-Art Manufacturing Plant in Wisconsin

Janesville, WI (November 14, 2023) Serta Simmons Bedding, LLC (SSB), one of the world’s leading sleep companies, today held a grand opening event and ribbon-cutting ceremony for its new state-of-the-art 500,000 square foot manufacturing plant in Wisconsin that will produce mattresses and other bedding products under its Serta, Beautyrest and Simmons brands. SSB has long had a manufacturing presence in Rock County, and this plant is retaining more than 300 jobs for the local economy.  SSB expects to create additional jobs at the plant over the next few years as the business regains lost market share.

SSB’s new plant at 200 Innovation Drive in Janesville consolidates two Rock County plants that were located in Beloit and at another location in Janesville, transferring production to this new, state-of-the-art manufacturing plant recently completed by Zilber Property Group. The new plant will enable SSB to manufacture its portfolio of high-quality mattresses – including its Serta Perfect Sleeper®, Serta iComfort, Beautyrest Harmony® and Beautyrest Black® collections — under the same roof, enabling the company to better serve Midwest-area retailers and customers as production was previously split between the two plants.

“Our company has a proud history here in Rock County and we couldn’t be more excited to reinvest here and continue to be a big part of the local economy,” said Mark Genender, Chairman of the Board of Directors and Interim CEO at SSB. “This new manufacturing plant will enable us to enhance the quality of products and service excellence we offer to retail partners and consumers, all thanks to our experienced, talented and dedicated team of plant associates. On behalf of all my colleagues at SSB, we are very appreciative of this project’s support from Janesville and Rock County and applaud Zilber for delivering such a high quality and industry leading plant.”

Kevin Lahner, Janesville City Manager, said, “Serta Simmons Bedding expanding its operations in Rock County is an excellent indicator of the direction the city is moving. The partnership brings more job opportunities into the community and boosts the local economy. We couldn’t be happier.”

“We are thrilled to have partnered with Serta Simmons Bedding on their remarkable state-of-the-art facility, meticulously designed to meet their exact operational needs. We are grateful for the opportunity to contribute to sustained economic growth in the area and look forward to being a part of SSB’s continued success in their new plant,” stated Chad Navis, Vice President, Zilber, Ltd.

This new plant is one of the 18 manufacturing plants across the U.S. and Canada operated by SSB, and additional five Serta plants in the U.S. are operated by licensing partners.

About Serta Simmons Bedding
Serta Simmons Bedding, LLC (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensee, Beautyrest®, Tuft & Needle® and Simmons®. For more information about SSB and its brands, visit sertasimmons.com.

Media Contact:
SSBCommunications@sertasimmons.com

Serta Simmons Bedding Initiates CEO Transition

Charlie Eitel Resigns as CEO
Chairman Mark Genender to Serve as Interim CEO

Serta Simmons Bedding, LLC (SSB), a leading global sleep company, today announced that Mark Genender, Chairman of the Board of Directors, has been appointed Interim Chief Executive Officer. He succeeds Charlie Eitel, who has stepped down as CEO, effective today.

The Board of Directors has initiated a search process for the company’s next CEO to identify and review candidates.

“We are grateful that Charlie joined SSB as CEO at an important time. He strengthened our retail relationships and put leaders in place to accelerate our turnaround,” said Genender. “As I step into the Interim CEO role, I am committed to working closely with the management team to ensure a smooth transition as we continue to execute on our turnaround strategy. Looking ahead, SSB remains focused on continuing to innovate, investing in – and reinvigorating – our powerful brands, enhancing our retail partnerships and operating a high-performing supply chain that delivers industry-leading product quality and customer service.”

Genender will lead an experienced leadership team, including:

  • Dominick Azevedo, Chief Sales Officer;
  • Rob Burch, Chief Operations Officer;
  • Kristen McGuffey, Chief Legal Officer;
  • Esther Ni, Chief Human Resources Officer;
  • Tim Oakhill, Chief Marketing Officer; and
  • Lisa Wyn, Interim Chief Financial Officer.

“It has been a privilege to join SSB and set the course for the company’s future,” said Eitel. “After discussions with the Board, I have decided to step down as CEO. I know that I am leaving the company in capable hands.”

About Mark Genender

Mark Genender is the Chairman of our Board of Directors and Interim CEO at Serta Simmons Bedding. Mark is also a Managing Partner at Bristol Growth Capital, LLC, a growth and early-stage investor in the consumer/retail and media and technology sectors. Genender previously served in senior investment roles at Eldridge Industries and in the same role at the predecessor entity, Guggenheim Partners. Prior to joining Guggenheim, Genender was a Partner and Portfolio Manager at Red Mountain Capital, co-founded Star Avenue Capital, a consumer growth equity vehicle, and served as a Managing Director/Partner at Fenway Partners. While at Fenway Partners, Genender served as a Director on the Simmons Bedding Board, working very closely with management. Genender received his A.B. from Princeton University and received his M.B.A. from INSEAD.

About Serta Simmons Bedding

Serta Simmons Bedding (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensees, Beautyrest®, Tuft & Needle® and Simmons®. For more information about SSB and its brands, visit www.sertasimmons.com.

Contacts

Jamie Wallis
Serta Simmons Bedding
SSBCommunications@sertasimmons.com

Ed Trissel / Aaron Palash
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

Serta Simmons Bedding Names Industry Veteran Robert Burch Chief Operations Officer

Serta Simmons Bedding (SSB), a leading global sleep company, announced today that Robert (Rob) Burch has joined the company’s senior leadership team as Chief Operations Officer, effective immediately. In this role, Burch will lead SSB’s operations function, including the company’s network of manufacturing facilities across the U.S. and Canada.

“As we continue to execute SSB’s turnaround strategy, one of our primary areas of focus is serving our valued retail partners with industry-leading quality and exceptional service levels,” said Charlie Eitel, CEO, SSB. “Rob is a highly experienced leader with a proven track record in all facets of operations and, with his leadership, we will deliver on that promise.”

“The Serta and Beautyrest brands have a long history in being synonymous with quality,” added Burch. “I look forward to partnering with Charlie and the operations team to build on that legacy by enhancing existing processes and implementing new ones that will enable us to provide the lead times, quality and service levels that our retail partners expect and deserve.”

Burch, who will report to Eitel, brings decades of operations leadership experience to SSB. He previously served as Executive Vice President of Operations for Simmons Bedding Company responsible for manufacturing, logistics and sourcing, as well as new product development. In this role, he architected the Simmons Production System – with a focus on lean manufacturing – which drove significant improvements in lead times, quality, and cost performance.

Burch comes to SSB from Kindel Grand Rapids Furniture Company, a luxury residential furniture brand, where he served as President and CEO and led a turnaround strategy to reenergize its brands. He began his career at Steelcase Inc., a leading global producer of office furniture, where he spent more than 25 years in positions of increasing responsibility across product development and North American manufacturing.


About Serta Simmons Bedding
Serta Simmons Bedding (SSB) is one of the leading global sleep companies. With a 150-year heritage in delivering industry-leading sleep solutions and a mission to help people sleep better so they can live healthier lives, the company is headquartered in Doraville, GA, and owns top brands such as Serta®, which has five other independent licensees, Beautyrest®, Tuft & Needle® and Simmons®. For more information about SSB and its brands, visit https://sertasimmons.com/.


Contacts:
Danit Marquardt, Eric Mangan
Serta Simmons Bedding
SSBCommunications@sertasimmons.com

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