Sleep Number Corporation announced that its Board of Directors has appointed Linda Findley as the company?s new President and as a member of the Board, effective April 7, 2025. Findley,(52), succeeds Shelly Ibach, who previously announced her intention to retire in October 2024. Ibach will continue serving as Board Chair until the expiration of her term at the company?s 2025 Annual Meeting.
The Board has unanimously appointed Phillip M. Eyler as independent Chair effective upon the conclusion of the 2025 Annual Meeting. Michael J. Harrison, who has served as the Board?s independent Lead Director since 2022, has informed the Board that he will not stand for reelection and will retire from the Board at the 2025 Annual Meeting. Findley has extensive experience leading consumer brands that combine digital and physical products, with specific expertise in operations management, organizational transformation, and marketing strategy.
Most recently, she served as CEO at Blue Apron Holdings Inc. from 2019 to 2024, where she successfully spearheaded a turnaround strategy that culminated in the company?s sale to a strategic buyer in September 2023. Previously, Findley was Chief Operating Officer at Etsy Inc. where she was responsible for overseeing global operations, product, marketing and brand strategy, customer support, and international expansion. She played a pivotal role in accelerating Etsy?s sales growth, as well as advancing their global footprint and both buyer and seller experiences on the platform.
Findley?s appointment follows a rigorous search and selection process conducted by the company?s independent directors with the assistance of a leading executive search firm. She holds a Master's degree in Journalism from UNC-Chapel Hill and an undergraduate degree in Corporate Communications from Elton University. Every independent director engaged with the finalists, and the Board?s decision was unanimous.
Ibach recused herself from final interviews as well as the vote on her successor?s appointment. Eyler, who will succeed Ibach as Board Chair, is an accomplished public company CEO. From 2017 to 2025, he served as President and CEO of Gentherm Incorporated, where he implemented the company?s Focused Growth strategy and led the repositioning of the company?s business lines.
During his tenure, the company achieved all-time highs in revenue and new business awards and expanded operating margins. Eyler remains a senior advisor to Gentherm and also currently serves on the board of Sensata Technologies Holdings plc.
