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Sleep Number Announces CEO Retirement and Governance Changes

Sleep Number Announces CEO Retirement and Governance Changes

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The latest update is out from Sleep Number ( (SNBR) ).

Shelly R. Ibach, the long-standing CEO and Chair of Sleep Number Corporation, has announced her retirement by the 2025 Annual Meeting of Shareholders, with plans to continue as a strategic advisor until the end of 2025. Her tenure transformed the company into a leading wellness technology brand, marked by innovation and strategic growth. The company is set for a leadership transition and intends to implement significant corporate governance changes, including board size reduction and governance amendments, to sustain its competitive edge and shareholder value.

For an in-depth examination of SNBR stock, go to TipRanks’ Stock Analysis page.

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