Shaun Pennington moves into CEO post as company welcomes bedding veteran to oversee day-to-day operations
Independent bedding producer Diamond Mattress is revamping its executive suite, welcoming bedding veteran Craig McAndrews as president. Shaun Pennington is moving from the president’s office to the newly created chief executive officer post.
Rancho Dominguez, California-based Diamond Mattress said McAndrews will join the company May 18 and will oversee the day-to-day operations of the 80-year-old manufacturing business with facilities in California and Texas. He will report to Pennington. McAndrews and Pennington will be based in Texas.
McAndrews will also work with Breana Pennington, who retains her role as vice president with expanded responsibilities for integrating operations across Diamond’s family of brands and overseeing the California factory.
“With Craig, Diamond gains an industry leader with broad and deep knowledge, hands-on experience and a proven success record in retail sales and strategy who will help shape our company as we continue driving the strongest period of growth in Diamond’s history,” said Shaun Pennington.
McAndrews has spent 25 years in the bedding industry and has worked at Simmons Bedding Company and Mattress Firm. During his tenure at Mattress Firm, he served as chief merchandising officer overseeing product selection, design and selling strategy for the organization. He also played a key role in acquisition integrations and designing the company growth plans as the chief strategy officer. He has co-founded and led businesses in retail, sales consulting and leadership development.
Most recently, McAndrews was a professor at the University of Houston’s Bauer College of Business.
“The Diamond Mattress team has done an amazing job of creating a great culture, producing fantastic products and building a business that emphasizes service,” McAndrews said. “I’m fired up about the opportunity to return to the industry with a company continuously investing in the growth of its people and business.”
Pennington said his move to CEO will allow him to use his strengths to implement the company vision, culture and “big ideas,” and to focus on future growth strategies and key customer relationships.
Diamond Mattress is a privately held, fourth-generation company.