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TPX Tempur Sealy International Inc

52.88
-0.16 (-0.30%)
After Hours
Last Updated: 22:23:29
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tempur Sealy International Inc NYSE:TPX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.16 -0.30% 52.88 53.10 52.54 52.99 674,386 22:23:29

Tempur Sealy Shareholders Overwhelmingly Vote against the Re-Election of All Three Directors Targeted by H Partners at 2015 A...

08/05/2015 5:33pm

Business Wire


Tempur Sealy (NYSE:TPX)
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H Partners Management, LLC (“H Partners”), the largest shareholder of Tempur Sealy International, Inc. (the “Company” or “Tempur Sealy”) (NYSE:TPX), with an approximate 10% stake, today announced that, based on a preliminary vote count, an overwhelming majority of Tempur Sealy shareholders voted against the re-election of all three directors targeted by H Partners:

  • Mark Sarvary, President and Chief Executive Officer
  • P. Andrews McLane, Chairman of the Board
  • Christopher A. Masto, Chairman of the Nominating and Corporate Governance Committee

Usman Nabi of H Partners said, “We thank Tempur Sealy’s shareholders for supporting our campaign for leadership change. We look forward to working constructively with a reinvigorated Board to create value for all shareholders.”

About H Partners Management

H Partners Management, LLC is an independent investment firm founded in 2005 based in New York City.

H Partners Management, LLCUsman Nabi / Arik Ruchim212-265-4200orInnisfree M&A IncorporatedScott Winter / Jonathan Salzberger212-750-5833

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