Lexington, Ky. – Tempur Sealy International Inc. has appointed Barry A. Hytinen to executive vice president and Chief Financial Officer, succeeding Dale E. Williams, effective immediately.
Williams has agreed to step down from his role and remain with the company until Aug. 31 to ensure a smooth transition, according to a release from Tempur Sealy.
Hytinen, 40, is currently Tempur Sealy’s executive vice president of corporate development and finance, where he leads the company’s finance organization in North America and global corporate initiatives. Since joining the company in 2005, Hytinen has held positions of increasing responsibility, including leading large portions of the company’s finance organization, global financial planning and analysis, and investor relations. He has led numerous strategic initiatives including all aspects of the company’s transformative acquisition of Sealy. Hytinen earned an MBA from Harvard Business School and holds a B.S. in Finance and Political Science from Syracuse University.
“Since joining the company two years ago,” interim CEO Tim Yaggi said, “I have worked closely with Barry and he has been an invaluable partner in successfully turning around our North America business performance. 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.”
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