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Tempur-Pedic global EVP Matthew Clift to retire

LEXINGTON, Ky. — Tempur-Pedic International announced the retirement of Matthew Clift, executive vice president of global operations. A search for a successor is under way and Clift will continue to lead the global operations team until the transition is completed, the bedding manufacturer said.

"Matt's strategic vision, leadership, and focus on results combined with his practical hands-on approach make him an exceptional executive," said Mark Sarvary, president and CEO of Tempur-Pedic. "The product development, cost improvement and supply chain enhancements he and his operations team have delivered have been key to the growth achieved by Tempur-Pedic in recent years. We are saddened to see him leave the company but we wish him and his family all the best during his retirement."

Prior to joining Tempur-Pedic in December 2004, Clift was vice president and general manager of the consumer printer division for Lexmark International. Before joining Lexmark in 1991, Clift held several management positions in research and development and manufacturing for IBM in his 10 years with the company.

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