Restonic's Peterson to go by Dec. 31
By David Perry -- Furniture Today, October 29, 2006
Palatine, Ill. — Restonic President Carlene Evenson Peterson has announced she will resign from the mattress company.
Peterson, the first woman to head a Top 15 bedding producer, will remain president through Dec. 31 or until a successor is named, the company said.
Asked why Peterson is resigning, Restonic Board Chairman Tony Weiler responded: "This has been a pretty busy year for her and for Restonic. I think she realized one year would be enough."
Peterson was unavailable for comment.
She was appointed to the position one year ago to assist the company through a strategic transition, including the design and development of Restonic's flame-retardant products and the construction of the company's permanent showroom at the World Market Center in Las Vegas, both of which will have been completed by the end of the year, Restonic officials said.
Peterson also was charged with leading the company through a leadership transition after the resignation of Restonic's previous president, Kevin Toman, who had joined Restonic in April 2004 and resigned in October 2005.
"The board asked Carlene to resolve those outstanding issues and she has handled them admirably. Both she and her talents will be missed," said Weiler. He said Peterson did "a super job" on the FR issue and that he was "very impressed with her analytical skills."
Other Restonic employees remain in their current positions, Weiler said.
Peterson joined the bedding industry in 1990 as an industrial engineer at Serta, and came to Restonic in 1996 as vice president of operations.
Furniture/Today estimated Restonic's sales at $96 million in 2005.
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Restonic exec to go
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