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The world’s biggest bed company Tempur Sealy International has a new leader following the high-profile ousting of former CEO Mark Sarvary earlier this year.


He is Scott Thompson, who has been named chairman, president and CEO at the Kentucky, US headquartered manufacturer and distributor.


Mr Thompson has more than two decades of executive leadership experience, Tempur Sealy said in a statement, most recently in the same roles at Dollar Thrifty Automotive Group.


Usman Nabi, whose H Partners shareholder group campaigned for the removal of former incumbent Mark Sarvary (see related), is chairman of the Tempur Sealy CEO Search Committee.


He said: "Scott is an exceptional CEO with an outstanding track record of shareholder value creation. As chairman and CEO of Dollar Thrifty, Scott created a corporate culture dedicated to consistently delivering profitable growth and achieving stretch targets. Tempur Sealy shareholders will benefit from his leadership."


In connection with the new CEO’s appointment, current chairman Frank Doyle will assume the role of lead director, while interim CEO Tim Yaggi will continue in his role of chief operating officer.


The UK is a major market for Tempur Sealy International.


It has a wholly-owned Tempur UK subsidiary while Sealy branded beds are manufactured in Cumbria under licence by the Silentnight group.


Related: Shareholders vote not to re-elect Tempur Sealy CEO & two co-directors