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Management ChangeJun 10, 2026, 04:41 PM

Sleep Number Elects Colin M. Adams to Board of Directors

AI Summary

Sleep Number Corp announced the election of Colin M. Adams, Esq. to its Board of Directors, effective June 4, 2026. With this addition, the company's Board now comprises 7 members, 6 of whom are independent directors according to Nasdaq standards. Mr. Adams' compensation for his board service will be a monthly fee of $40,000, with additional fees for extra activities.

Key Highlights

  • Colin M. Adams elected to Sleep Number's Board of Directors, effective June 4, 2026.
  • The Board of Directors now consists of 7 members.
  • Six of the 7 board members are independent directors under Nasdaq standards.
  • Mr. Adams will receive a monthly fee of $40,000 for his board service.