Tempur Sealy International Inc., with headquarters in Lexington, Kentucky, has named Executive Vice President Barry Hytinen as chief financial officer, replacing Dale Williams, who left the company Aug. 31.
“Since joining the company two years ago, I have worked closely with Barry, and he has been an invaluable partner in successfully turning around our North America business performance,” said Tim Yaggi, interim chief executive officer. “I look forward to his continued contributions to our organization. I would also like to thank Dale for his leadership and contributions over the last 12 years and wish him well.”
Hytinen, who joined the company in 2005, has held positions of increasing responsibility, most recently as EVP, corporate development and finance. He has led numerous strategic initiatives including all aspects of the company’s Sealy acquisition. He holds an MBA from Harvard Business School and earned a bachelor of science in finance and political science from Syracuse University.
Board Chair Frank Doyle said, “Barry is a highly respected member of the company’s executive management team. He is a leader with a thorough understanding of our business and financial structure, and over the past decade his contributions have been significant. On behalf of the company and our entire board of directors, I am pleased to congratulate Barry and look forward to him having even more impact creating value for Tempur Sealy stockholders.
“Dale Williams has played an instrumental role in managing Tempur Sealy’s significant growth throughout his 12 years as CFO,” Doyle continued. “His leadership, expertise and character helped define our culture of success and high integrity. On behalf of the entire Tempur Sealy organization and the board, I want to sincerely thank Dale for his service and outstanding contributions. We wish Dale and his family all the best.”