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MINNEAPOLIS - Sleep Number Corporation (NASDAQ:SNBR) announced the appointment of Linda Findley as its new President and Chief Executive Officer, effective April 7, 2025. Findley, who brings extensive leadership experience from her tenure at companies like Blue Apron Holdings, Inc. and Etsy, Inc., will also join the Sleep Number Board of Directors.
Findley succeeds Shelly Ibach, who will retire but continue as Board Chair until the company’s 2025 Annual Meeting, after which Phillip M. Eyler will become independent Board Chair. Michael J. Harrison, the Board’s independent Lead Director since 2022, will retire at the same meeting.
The incoming CEO’s background includes a successful turnaround of Blue Apron, culminating in its sale in September 2023, and a significant role in accelerating Etsy’s sales growth and global expansion.
Phillip Eyler, the appointed future Board Chair, praised Findley’s commitment to innovation and her expertise in leveraging technology to enhance customer engagement. Eyler emphasized that Findley is well-equipped to lead Sleep Number in its mission to provide individualized sleep experiences and deliver long-term value for stakeholders.
Findley expressed her honor in joining Sleep Number during a pivotal time, looking forward to unlocking new opportunities for profitable growth and advancing the company’s business transformation.
The leadership transition, resulting from a thorough search process by the independent directors with an executive search firm, is poised to steer Sleep Number into its next chapter. Eyler and Harrison both expressed confidence in the company’s future under this new leadership.
With nearly 16 million lives improved by its sleep innovations, Sleep Number continues to focus on its wellness technology platform, including products like the Climate360® smart bed and leveraging sleep data for research with global institutions.
This leadership announcement coincides with a separate release of Sleep Number’s fiscal fourth quarter and full year-end 2024 results. The company’s forward-looking statements are subject to risks and uncertainties detailed in its SEC filings.
The information in this article is based on a press release statement.
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