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Sleep Number Board Names Linda Findley as President and Chief Executive Officer

1. Linda Findley appointed as new CEO of Sleep Number effective April 2025. 2. Current CEO Shelly Ibach will retire in October 2024.

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Why Bullish?

New leadership can bring fresh perspectives and strategies, potentially boosting investor confidence. Historical examples show positive stock performance during leadership changes at key companies.

How important is it?

Leadership changes are critical for strategic direction and can affect stock performance significantly based on investor perception.

Why Long Term?

Leadership transitions often impact company performance over an extended period as new strategies unfold, seen in companies like Apple and Microsoft.

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IKEASLIDPBH
MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today announced that its Board of Directors (the “Board”) has appointed Linda Findley as the company's new President and Chief Executive Officer, and as a member of the Board, effective April 7, 2025. Findley succeeds Shelly Ibach, who previously announced her intention to retire in October 2024. Ibach will continue serving as Board Chair until the expiration of her term at the company's 2025 Annual Meeting. The Board has una.

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