Tag Archives: Bob Sherman

Serta President Bob Sherman Steps Down

Serta Simmons Holdings announced today that Bob Sherman will step down as president and CEO of Serta International, along with senior vice president of marketing and merchandising Barbara Bradford. The current CEO of Simmons Bedding Co., Gary Fazio, will oversee both Serta and Simmons as CEO of Serta Simmons Holdings, but the companies “will continue to...
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Advent International to Acquire Majority Interest in Serta and Simmons Bedding

Advent International, the global private equity firm, today announced that it has agreed to acquire a majority interest in AOT Bedding Super Holdings, the parent company of National Bedding Company (the majority owner and licensee of Serta) and Simmons Bedding Company. Current investors Ares Management and the Ontario Teachers’ Pension Plan will retain a significant equity...
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