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Somnigroup International Announces New CEO at Mattress Firm
ByAinvest
Monday, Aug 18, 2025 4:07 pm ET1min read
Somnigroup International has appointed Steve Rusing as President and CEO of Mattress Firm, effective August 14, 2025. Rusing had been serving as President of Mattress Firm since February 2025. The appointment will allow Rusing to lead with greater agility and alignment across the company. Under his leadership, the team has sharpened their operational focus and built momentum.
Somnigroup International Inc. (NYSE: SGI) has announced the appointment of Steve Rusing as President and Chief Executive Officer of Mattress Firm, effective August 14, 2025. Rusing, who previously served as President of Mattress Firm since February 2025, will now lead the company with expanded responsibilities [1][2][3].Scott Thompson, Somnigroup's Chairman, CEO, and President, has been serving as Mattress Firm's interim CEO since February 2025. Thompson expressed confidence in Rusing's leadership, highlighting his positive impact on the company's direction and operational focus, which has led to improved performance [1][2][3].
The appointment of Rusing as President and CEO will allow him to lead with greater agility and alignment across all aspects of Mattress Firm. Under his leadership, the team has sharpened their operational focus, building momentum, and driving solid performance as seen in the results reported earlier this month [3].
Somnigroup International is the world's largest bedding company, dedicated to improving people's lives through better sleep. With superior capabilities in design, manufacturing, distribution, and retail, Somnigroup delivers breakthrough sleep solutions and serves the evolving needs of consumers in over 100 countries worldwide through its fully-owned businesses, Tempur Sealy, Mattress Firm, and Dreams [3].
References:
[1] https://intellectia.ai/news/stock/somnigroup-international-appoints-new-ceo-for-mattress-firm
[2] https://seekingalpha.com/news/4486471-somnigroup-appoints-steve-rusing-as-ceo-of-mattress-firm
[3] https://www.morningstar.com/news/pr-newswire/20250818cl52791/somnigroup-international-announces-new-chief-executive-officer-at-mattress-firm
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