Select Comfort Corporation, the Plymouth-based maker of Sleep Number adjustable beds, said Wednesday afternoon that it has appointed a new chief financial officer.
David Callen has been named senior vice president and CFO, a role in which he will lead Select Comfort’s finance team and “advance the company’s financial growth plan,” the company said. Select Comfort disclosed in a November regulatory filing that former CFO Wendy Schoppert intended to resign but would remain with the company until her successor was identified.
Callen will assume his new role on April 7.
Callen previously oversaw financial operations at Danbury, Connecticut-based Ethan Allen Interiors, Inc., where he served as vice president of finance and treasurer. Before that, he was vice president of global finance at Seattle-based Phototronics, Inc.
Meanwhile, Select Comfort announced that it has named Patricia Dirks senior vice president and chief human capital officer. Her appointment will also be effective April 7.
Dirks—who previously served as senior vice president of organizational effectiveness at Minneapolis-based Target Corporation—will “continue to evolve the company’s culture of innovation and individualization and be responsible for all human capital functions,” Select Comfort said.
“David, an experienced finance leader in a vertically integrated branded consumer product company, Ethan Allen Interiors, Inc., and Tricia, an accomplished retail and human resources leader from Target Corporation, will advance our strategic direction,” Select Comfort President and CEO Shelly Ibach said in a statement. “They are strong business partners whose expertise complements our customer-focused culture and strategy.”
Select Comfort’s stock price has taken some hits in recent months as the company has announced lackluster financial results. Its fourth-quarter sales climbed 5 percent to $231 million, but same-store sales were flat, and profits fell roughly 48 percent to $6.4 million. (The company had warned that it would fall short of its previous earnings forecast.)
The company has recently debuted new products, including a "smart bed" that the company says tracks a sleeper's heart rate and sleep patterns and helps control snoring, among other things.