-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, S5whGtyeme5i70dYXG1JVJcm9GhyUn9kkHd21CQep3cyPEkSoALzpco7NbqFvmCj oNd3hpjXoTwCpweTpV19SA== 0000827187-05-000016.txt : 20050315 0000827187-05-000016.hdr.sgml : 20050315 20050315160640 ACCESSION NUMBER: 0000827187-05-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050315 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20050315 DATE AS OF CHANGE: 20050315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SELECT COMFORT CORP CENTRAL INDEX KEY: 0000827187 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] IRS NUMBER: 411597886 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25121 FILM NUMBER: 05681817 BUSINESS ADDRESS: STREET 1: 6105 TRENTON LANE NORTH CITY: MINNEAPOLIS STATE: MN ZIP: 55442 BUSINESS PHONE: 7635517000 MAIL ADDRESS: STREET 1: 6105 TRENTON LANE NORTH CITY: MINNEAPOLIS STATE: MN ZIP: 55442 8-K 1 pr031505.txt PRESS RELEASE 031505 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): MARCH 15, 2005 SELECT COMFORT CORPORATION (Exact name of registrant as specified in its charter) MINNESOTA (State or other jurisdiction of incorporation or organization) 0-25121 41-1597886 (Commission File No.) (IRS Employer Identification No.) 6105 Trenton Lane North, Minneapolis, Minnesota 55442 ----------------------------------------------------- (Address of principal executive offices) (Zip Code) (763) 551-7000 -------------- (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 7.01. REGULATION FD DISCLOSURE On March 15, 2005, Select Comfort Corporation announced the appointment of Kathryn Roedel to the position of senor vice president, global supply chain, effective April 4, 2005. The Company also announced the retirement of Greg Kliner, its senior vice president of operations, after an orderly transition. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SELECT COMFORT CORPORATION (Registrant) Dated: March 15, 2005 By: /s/ Mark A. Kimball -------------------------------- Title: Senior Vice President ----------------------------- INDEX TO EXHIBITS The exhibit listed in this index is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed "filed" for purposes of the Securities Exchange Act of 1934, as amended, or incorporated by reference into any document filed under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, except as otherwise expressly stated in any such filing. Exhibit No. Description of Exhibit - ----------- ---------------------- 99.1 Press Release dated March 15, 2005 2 EX-99 2 pr031505exh.txt PRESS RELEASE 031505 EXHIBIT 99.1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE CONTACT: Tammy Nystuen (763) 551-7496 Select Comfort Corporation tamara.nystuen@selectcomfort.com SELECT COMFORT NAMES NEW SENIOR VICE PRESIDENT, GLOBAL SUPPLY CHAIN Greg Kliner Announces His Retirement From Select Comfort MINNEAPOLIS - (March 15, 2005) - Select Comfort Corporation (NASDAQ: SCSS), the nation's leading bed retailer and creator of the Sleep Number(R) bed, today announced the appointment of Kathryn Roedel to the position of senior vice president, global supply chain, effective April 4. Roedel will replace Greg Kliner, senior vice president of operations, who will retire from Select Comfort after an orderly transition. Roedel joins Select Comfort after a 22-year career with General Electric, where she most recently served as general manager, global supply chain strategy for GE Healthcare Technologies. In this capacity, she led the development of a three-year supply chain strategy for all operations across Asia, Europe and the Americas. Prior to that, Roedel was general manager for global quality and Six Sigma for GE Healthcare Technologies. She has worked in two of GE's businesses including GE Healthcare and GE Information Services and has a broad background in manufacturing and service operations, sourcing and process reengineering. "As a fast-growing company that's moving toward $1 billion in sales, Kathryn's expertise will be invaluable in helping Select Comfort's talented operations team to continue advancing the scalable processes and systems we need to manage growth in an ever-changing and dynamic environment," said Bill McLaughlin, chairman and CEO, Select Comfort. "We are fortunate to have Kathryn join our team, and we look forward to her leadership through this next exciting phase of business transformation." Roedel will replace Greg Kliner, who joined Select Comfort in 1995 as senior vice president of operations. During his tenure with the company, Kliner was instrumental in helping Select Comfort implement a number of key initiatives, including the opening of its two manufacturing plants in Utah and South Carolina; implementation of the company's highly developed supply chain strategy and cost-saving inventory control processes, giving Select Comfort an enviable competitive advantage as part of its differentiated business model; and 1 the creation and launch of the company's home delivery and service business, which grew to deliver more than 43 percent of all beds sold by the company in 2004. "Greg joined Select Comfort after a distinguished career leading operations at Toro, and prior to that at Gillette, where he held various management positions responsible for operations, manufacturing, materials, production planning and industrial engineering," McLaughlin said. "His contributions to Select Comfort were far-reaching and significant. We will miss his wise counsel on our senior management team, and we wish him the best in his well-earned retirement." ABOUT SELECT COMFORT Founded in 1987, Select Comfort Corporation is the nation's leading bed retailer(1), holding 32 U.S. issued or pending patents for its personalized sleep products. The company designs, manufactures and markets a line of adjustable-firmness mattresses featuring air-chamber technology, branded the Sleep Number(R) bed, as well as foundations and sleep accessories. Select Comfort's products are sold through its 367 retail stores located nationwide, including leased departments in Bed Bath & Beyond stores; through selected bedding retailers; through its national direct marketing operations; and on the Internet at www.selectcomfort.com. ### (1) Top 25 Bedding Retailers, Furniture Today, May 24, 2004 2 -----END PRIVACY-ENHANCED MESSAGE-----