Sealy's McIlquham out

Rogers interim CEO; Norris chairs board

By Larry Thomas and David Perry -- Furniture Today, March 16, 2008

Archdale, N.C. — Bedding major Sealy announced last week that David McIlquham has stepped down as chairman and CEO and has been replaced on an interim basis by Larry Rogers, a 29-year Sealy veteran who has been president of Sealy's North American operations since late 2006.

The company also said Sealy board member Paul Norris has been named non-executive chairman. Norris is former chairman and CEO of W.R. Grace & Co. and is a senior advisor at Kohlberg Kravis Roberts & Co., Sealy's largest shareholder.

A statement from Sealy said that McIlquham, along with the board of directors, "has determined that it is in

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