Christian Steps Down as Foamex President

Linwood, PA, August 27, 2007--Foamex International said its president and board member Gregory J. Christian has resigned from the company, effective September 1, to pursue other opportunities. John G. Johnson, Jr., CEO, will assume the role of president.

 

The company has also realigned its management structure.

 

Discussing the realignment, Johnson said, "Foamex operates in an increasingly competitive global economy, and as such, it is important that we continue to focus on becoming a more efficient organization."


Johnson said he decided to create a functional structure.

 

As part of the new management structure,  Robert M. Larney, executive vice president and CFO, will also oversee the company's IT operations, strategic planning, and mergers and acquisitions activities.

 

James B. Gamache, former senior vice president of sales and marketing for YRC Regional Transportation, has also been hired as executive vice president of sales and supply chain, with responsibility for North America.

 

Andrew Thompson, currently executive vice president, foam and technical products, was named executive vice president of business management and marketing.

 

Chiu Chan, currently vice president of research and development, has been named senior vice president of research and development.


Ken Crawford, currently vice president, manufacturing, foam products - east, has been named senior vice president of manufacturing.