Gary Fazio | Sleep Retailer

Mattress Firm Names First Inductee into Mattress Firm Hall of Fame

Mattress Firm Holding Corp. has awarded former CEO Gary Fazio as the inaugural inductee into the Mattress Firm Hall of Fame. The award was given at Mattress Firm's annual leadership conference, BEDTalks, last week in San Antonio, Texas. Mattress Firm CEO Steve Stagner presented Fazio with the honor, lauding him for his commitment,...

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...

Simmons Bedding Company is advancing the technology of memory foam with its introduction of four new ComforPedic From Beautyrest® models at High Point Market. The new line, which is available to ship to retailers in mid-November, features cutting-edge technology that helps...

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...