Somnigroup International Extends Scott Thompson's Employment Contract
Somnigroup International (NYSE: SGI) has extended CEO Scott Thompson's employment contract through December 31, 2029. Under Thompson's leadership since 2015, SGI's share price has surged by over 250%, outperforming both S&P 500 and Russell 2000 indexes.
The extension includes a stock option award of 1.2 million shares in three tranches with increasing strike prices, and a $10 million transaction bonus for the successful Mattress Firm acquisition. During Thompson's tenure, the company has returned approximately $3 billion to shareholders through dividends and share repurchases while strengthening its global competitive position.
Somnigroup International (NYSE: SGI) ha prorogato il contratto di lavoro del CEO Scott Thompson fino al 31 dicembre 2029. Sotto la guida di Thompson dal 2015, il prezzo delle azioni di SGI è aumentato di oltre il 250%, superando sia gli indici S&P 500 che Russell 2000.
Il rinnovo prevede un premio in opzioni su azioni di 1,2 milioni di azioni suddivise in tre tranche con prezzi di esercizio crescenti, oltre a un bonus di 10 milioni di dollari per la riuscita acquisizione di Mattress Firm. Durante il mandato di Thompson, la società ha restituito agli azionisti circa 3 miliardi di dollari tramite dividendi e riacquisti di azioni, rafforzando al contempo la sua posizione competitiva a livello globale.
Somnigroup International (NYSE: SGI) ha extendido el contrato del CEO Scott Thompson hasta el 31 de diciembre de 2029. Bajo el liderazgo de Thompson desde 2015, el precio de las acciones de SGI ha aumentado más del 250%, superando a los índices S&P 500 y Russell 2000.
La extensión incluye una concesión de opciones sobre acciones de 1,2 millones de acciones en tres tramos con precios de ejercicio crecientes, y un bônus de transacción de 10 millones de dólares por la exitosa adquisición de Mattress Firm. Durante el mandato de Thompson, la compañía ha devuelto aproximadamente 3 mil millones de dólares a los accionistas mediante dividendos y recompra de acciones, fortaleciendo su posición competitiva global.
Somnigroup International (NYSE: SGI)는 CEO 스콧 톰슨의 고용 계약을 2029년 12월 31일까지 연장했습니다. 2015년부터 톰슨의 리더십 하에 SGI의 주가는 250% 이상 상승하여 S&P 500 및 러셀 2000 지수를 능가했습니다.
이번 연장에는 행사 가격이 점차 상승하는 세 차례에 걸친 120만 주의 주식 옵션 부여와 Mattress Firm 인수 성공에 따른 1,000만 달러 거래 보너스가 포함되어 있습니다. 톰슨 재임 기간 동안 회사는 배당금 및 자사주 매입을 통해 약 30억 달러를 주주들에게 환원하며 글로벌 경쟁력을 강화했습니다.
Somnigroup International (NYSE : SGI) a prolongé le contrat d'emploi du PDG Scott Thompson jusqu'au 31 décembre 2029. Sous la direction de Thompson depuis 2015, le cours de l'action SGI a augmenté de plus de 250%, surpassant les indices S&P 500 et Russell 2000.
Cette prolongation comprend une attribution d'options d'achat de 1,2 million d'actions réparties en trois tranches avec des prix d'exercice croissants, ainsi qu'une prime de transaction de 10 millions de dollars pour l'acquisition réussie de Mattress Firm. Pendant le mandat de Thompson, la société a reversé environ 3 milliards de dollars aux actionnaires sous forme de dividendes et de rachats d'actions, tout en renforçant sa position concurrentielle mondiale.
Somnigroup International (NYSE: SGI) hat den Arbeitsvertrag von CEO Scott Thompson bis zum 31. Dezember 2029 verlängert. Unter Thompsons Führung seit 2015 ist der Aktienkurs von SGI um über 250% gestiegen und hat sowohl den S&P 500 als auch den Russell 2000 Index übertroffen.
Die Verlängerung beinhaltet eine Aktienoptionszuteilung von 1,2 Millionen Aktien in drei Tranchen mit steigenden Ausübungspreisen sowie einen Transaktionsbonus von 10 Millionen US-Dollar für die erfolgreiche Übernahme von Mattress Firm. Während Thompsons Amtszeit hat das Unternehmen etwa 3 Milliarden US-Dollar an die Aktionäre durch Dividenden und Aktienrückkäufe zurückgeführt und dabei seine globale Wettbewerbsposition gestärkt.
- Share price increased by over 250% under Thompson's leadership since 2015
- Returned approximately $3 billion to shareholders through dividends and buybacks
- Successfully completed significant domestic and international acquisitions, including Mattress Firm
- Leadership continuity secured until December 2029
- Additional $10 million bonus expense for the Mattress Firm acquisition
- Significant stock option grant of 1.2 million shares could lead to future dilution
Insights
Thompson's contract extension signals leadership stability after driving 250% share price growth and returning $3B to shareholders.
Somnigroup International's decision to extend CEO Scott Thompson's contract through 2029 represents a strong vote of confidence from the board in his leadership capabilities. Under Thompson's stewardship since 2015, the company has achieved remarkable shareholder returns, with the stock price increasing by
The compensation package structured for Thompson includes 1.2 million stock options divided into three tranches with escalating strike prices, creating strong alignment with future shareholder interests. The tiered pricing structure—starting at current market value and increasing by approximately
Most notably, the board awarded Thompson a
Thompson's extended leadership tenure provides continuity for executing the company's long-term growth strategy, particularly important as the company integrates the Mattress Firm acquisition and explores what the board characterizes as "an exciting new era of opportunity." This leadership stability reduces execution risk in the company's ongoing strategic initiatives.
Richard W. Neu, Lead Director of the Somnigroup Board of Directors, commented, "We are pleased to reaffirm our confidence in Mr. Thompson's leadership as he guides Somnigroup into an exciting new era of opportunity and growth. Under his direction, the Company has strengthened its global competitive position, closed significant domestic and international acquisitions, and returned approximately
Mr. Thompson commented, "It is a privilege to continue leading Somnigroup and to work alongside such a dedicated and talented management team. I am sincerely grateful to our employees, customers, suppliers, Board of Directors, and shareholders for their ongoing support. We are all looking forward to building upon the progress and momentum we have achieved to date as we continue to execute on our long-term growth plan."
In connection with the employment contract extension, Mr. Thompson was awarded 1.2 million stock options in three equal tranches with increasing strike prices. The first tranche has a strike price at the Company's stock price on June 23, 2025, rounded up to the nearest whole dollar, and the second and third tranches have strike price premiums of approximately
About Somnigroup
Somnigroup (NYSE: SGI) is the world's largest bedding company, dedicated to improving people's lives through better sleep. With superior capabilities in design, manufacturing, distribution and retail, we deliver breakthrough sleep solutions and serve the evolving needs of consumers in more than 100 countries worldwide through our fully-owned businesses, Tempur Sealy, Mattress Firm and Dreams. Our portfolio includes the most highly recognized brands in the industry, including Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's®, and our global omni-channel platform enables us to meet consumers wherever they shop, offering a personal connection and innovation to provide a unique retail experience and tailored solutions.
Somnigroup Investor Relations Contact
Aubrey Moore
Investor Relations
Somnigroup International Inc.
800-805-3635
Investor.relations@somnigroup.com
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SOURCE Somnigroup International
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