Following its recent acquisition of Symbol Mattress, Corsicana appointed Ron Clevenger, former chief executive officer of Symbol, to its board of directors. Clevenger is a widely respected industry executive with more than five decades of experience in the sleep products industry. He will play a pivotal role in the transition of Symbol brands into Corsicana.
“Along with his extensive knowledge of the industry, Ron has an entrepreneurial spirit that is infectious. He will be a tremendous asset in helping us profitably grow our company,” said Michael Thompson, chief executive officer of Corsicana.
During his 52-year tenure at Symbol, Clevenger was responsible for positioning the company as a leader in the value segment of the mattress industry. Under his leadership, Symbol launched LuuF, a direct-to-consumer boxed bed brand as well as expanding its offerings to include sleep products for the health care, dormitory, rent to own and hospitality industries.
“Mike and his leadership team have built a terrific company and I am glad Symbol was able to join the Corsicana organization. It is a good deal for our customers and employees, full of new and exciting opportunity. I look forward to being a part of Corsicana’s future,” said Clevenger.
Corsicana acquired Richmond, Virginia-based Symbol Mattress, in early May 2021. Together, the company will operate 16 manufacturing centers and employ more than 1,300 people.
About Corsicana Mattress:
Founded in 1971 in Corsicana, Texas, Corsicana Mattress now operates ten factories across the country and has become one of the mattress industry’s largest manufacturers. The company offers a full range of promotional and step-up products that feature the latest in sleep technology, including innerspring, memory foam and hybrid models. The company also has a mattress-in-a-box line that simplifies delivery. In 2021, Corsicana acquired Richmond, Virginia-based Symbol Mattress creates the nation’s largest manufacturing organization serving consumers looking to purchase mattresses for under $1,000. Corsicana leverages its national manufacturing presence to provide industry-leading quality, value, delivery, and customer service. Its mission is to provide hard-working Americans with innovative and affordable sleep products that improve their quality of life.