Tempur Sealy Shareholders Overwhelmingly Vote against the Re-Election of All Three Directors Targeted by H Partners at 2015 Annual Meeting

NEW YORK--()--H Partners Management, LLC (“H Partners”), the largest shareholder of Tempur Sealy International, Inc. (the “Company” or “Tempur Sealy”) (NYSE:TPX), with an approximate 10% stake, today announced that, based on a preliminary vote count, an overwhelming majority of Tempur Sealy shareholders voted against the re-election of all three directors targeted by H Partners:

“We thank Tempur Sealy’s shareholders for supporting our campaign for leadership change. We look forward to working constructively with a reinvigorated Board to create value for all shareholders.”

  • Mark Sarvary, President and Chief Executive Officer
  • P. Andrews McLane, Chairman of the Board
  • Christopher A. Masto, Chairman of the Nominating and Corporate Governance Committee

Usman Nabi of H Partners said, “We thank Tempur Sealy’s shareholders for supporting our campaign for leadership change. We look forward to working constructively with a reinvigorated Board to create value for all shareholders.”

About H Partners Management

H Partners Management, LLC is an independent investment firm founded in 2005 based in New York City.

Contacts

H Partners Management, LLC
Usman Nabi / Arik Ruchim
212-265-4200
or
Innisfree M&A Incorporated
Scott Winter / Jonathan Salzberger
212-750-5833

H Partners Management, LLC