Bedding Industries of America (BIA) recently announced that Jared and Philip Carlitz, sons of founder Stuart Carlitz, have joined the company in senior leadership roles.
Jared Steps Into COO Role; Philip Is Appointed To Chief Revenue Officer Position
As BIA’s new chief operating officer, Jared, 35, will oversee the day-to-day operations of the company and lead the BIA West manufacturing facility in Rialto, California. His brother, Philip, 29, becomes chief revenue officer, and will supervise the marketing, sales and customer support teams. Based in Chicago, Philip is working from the company’s recent acquisition, which has been rebranded as BIA Midwest. Jared and Philip will work alongside their father, BIA’s president and CEO Stuart Carlitz, and Steven Sciortino, BIA’s CFO, who are based in New Jersey.
“While both Jared and Philip previously worked at BIA, I think the significant experience both of them have amassed during their professional careers is a real asset to our customers and our company,” said Stuart Carlitz. “I think it says a lot about how our business and the mattress industry in general has grown – that we can attract young executives with experience in mergers and acquisitions, and management consulting like Jared and Philip. I’m excited for both of them to help further the growth of the company and work closely alongside Steve and I.”
Jared’s Professional Background
Prior to rejoining BIA, Jared was a senior director at EY-Parthenon, Ernst & Young’s (EY) global strategy consulting arm. In that role, he served clients in the technology, consumer products and e-commerce sectors on matters, including corporate strategy development, mergers and acquisitions execution, and business process optimization.
Jared notably worked with a global e-commerce leader to transform its legal entity structure, divest a $4 billion business unit and insource its payments intermediation capabilities. He has led multiple post-merger integration efforts, where he was responsible for developing integrated product roadmaps, go-to market strategies, process designs, KPIs and synergy targets. During his 12-year tenure with EY, he also held roles in finance, operations management, strategy and business development.
Jared graduated from The George Washington University School of Business with a bachelor’s degree in business administration. He received a master’s degree in business administration from the University of Southern California Marshall School of Business.
“I have been watching the amazing growth of Bedding Industries of America under my father’s leadership and wanted to be a part of its continued growth. There are so many tools that I can bring to our licensees, their customers and our people, that will help propel our success to the next level,” said Jared.
Philip’s Professional Background
Prior to joining BIA, Philip held positions in technology growth strategy and venture capital investing. As a senior associate at venture-capital backed Avant, Philip spearheaded the company’s customer service product strategy, redesigning its online servicing dashboard and its proprietary CRM software. Prior to his MBA, Philip was head of corporate strategy and business intelligence at leading Fintech Braviant Holdings, where he worked on new product launches, company-wide goal setting and KPIs. During his graduate program at the University of Chicago Booth School, Philip worked as a venture capital associate for Chicago-based Hyde Park Venture Partners, where he sourced and performed investment due diligence on business and consumer-facing software companies.
Philip received his bachelor’s degree from The University of Chicago, where he majored in economics. He received his master’s degree in business administration from The University of Chicago Booth School of Business, where he graduated with high honors as a Wallman Scholar.
“This is an exciting time for our industry and our company. My father has assembled an amazing group of talented executives and exciting brands that positions Bedding Industries of America to continue to grow and prosper. I am excited to be a part of that future,” said Philip.
About Bedding Industries Of America
North Brunswick, N.J.-based Bedding Industries of America has been making mattresses since 1866. Known for its design innovation in creating advanced sleep products, the company has an extensive global licensing network that distributes mattresses under seven brands – Eclipse, Eastman House, Fieldcrest, Ernest Hemingway, Millbrook Beds, Natural Dreams and Velika. A well-established leader in the bedding industry, Bedding Industries of America designs products crafted with high-quality components, including latex, memory foam, gel and eco-friendly materials such as cotton and wool. The company holds several patents that deliver superb support throughout the product line. Today, the company has over 80 licensees worldwide, and its own plants in New Jersey, California and Illinois.