Latex International president, ceo resigns
By Staff -- Home Textiles Today, 11/16/2006 11:08:00 AM
Shelton,Conn.– Mike Lorelli has resigned as president and ceo of latex foam supplier Latex International, to pursue other interests.Kevin Stein, vp of marketing, said the company’s board of directors plans to form a search team to select a new ceo.
Lorelli joined Latex International as president and CEO in mid-2004 after a 10-year career with private equity-based companies experiencing rapid growth or requiring a turnaround. Earlier, he was a top executive at PepsiCo and its Pizza Hut International division.
Lorelli said that with “strong sales growth, improved quality and customer service levels and upgraded R&D capabilities, the future of Latex International is bright.”
Latex International is the only U.S.-based Talalay latex foam producer and largest supplier of latex mattress components and pillows in North America .
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