Mark A. Sarvary is the former CEO of Tempur Sealy International, one of the largest mattress manufacturers in the world. He joined the company in 2008 after a notable career in management, including high-level positions at Campbell Soup Company and...

Mark A. Sarvary is the former CEO of Tempur Sealy International, one of the largest mattress manufacturers in the world. He joined the company in 2008 after a notable career in management, including high-level positions at Campbell Soup Company and J. Crew. With a background in physics from Kent University and an MBA from INSEAD Business School, Sarvary brought a mix of analytical skills and business strategy to the role. During his tenure, he focused on cost management and improving company performance, which were crucial in a challenging market. Sarvary's compensation during his final year included a base salary of $1,030,000, and he had significant stock options and performance awards tied to company success. Notably, his insider trading showed considerable activity, with his wealth fluctuating significantly over the years, peaking at $15 million. His leadership style was marked by making tough but necessary decisions while scaling the company. Sarvary left Tempur Sealy in May 2015, leaving behind a more robust and competitive company.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Tempur Sealy International CEOs

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Mark A. Sarvary

Ex-CEO of Tempur Sealy International

Education

BSc (Physics) from Kent University; MBA from INSEAD Business School.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

CEO of Tempur Sealy International for

6 years 9 months (Aug 2008 - May 2015)

Previous Experience

Industrial Partner with CVC Capital Partners; President of Campbell Soup Company’s North America division; CEO of J. Crew Group, Inc.; worked for Nestle.

Rivals

Competitors/colleagues of Mark A. Sarvary

Holdings

See how much did Mark A. Sarvary make over time.

Mark Sarvary had a substantial stake in Tempur Sealy, with his wealth closely tied to the company's stock performance. At various points from 2019 to 2024, the value of his holdings showed a healthy upward trend, climbing from around $5...

Mark Sarvary had a substantial stake in Tempur Sealy, with his wealth closely tied to the company's stock performance. At various points from 2019 to 2024, the value of his holdings showed a healthy upward trend, climbing from around $5 million to a peak of approximately $15 million by early 2024. This sharp increase reflects his confidence in the company's growth strategy and market position. However, like all stock holdings, the value fluctuated, with notable highs and lows that illustrate the volatility of the mattress industry and market conditions. Sarvary's significant dealings in the stock over the years indicate his active role and interest in the company’s future.

No data yet.

Total Stock Sold

$1.92M

TPX

$1.92M

530,000 TPX shares

What if they kept their stock?

If Mark A. Sarvary didn't sell their stock, today they would have:
Extra TPX530,000 shares worth $9.04M.
This is 371.89% and $7.12M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Mark A. Sarvary.

TPX

$3.25M

TPX at $50.28/share

Feb 26, 2014

Sale

TPX

$10.00K

TPX at $50.00/share

Feb 21, 2014

Sale

TPX

$135.70K

TPX at $50.26/share

Feb 18, 2014

Sale

TPX

99,331 shares

TPX

Feb 14, 2013

Received

TPX

$1.55M

TPX at $77.59/share

Feb 28, 2012

Sale

TPX

$1.02M

TPX at $68.00/share

Oct 21, 2011

Sale

TPX

$971.10K

TPX at $64.74/share

May 31, 2011

Sale

TPX

$700.80K

TPX at $46.72/share

Feb 28, 2011

Sale

Compensation History

See how much did Mark A. Sarvary make over time.

Mark Sarvary's compensation during his time at Tempur Sealy varied greatly depending on company performance and his contractual agreements. In 2015, his total compensation was $8,707,319, which included a base salary of $1,030,000, although he received no annual bonus that year due to performance clauses in his contract. Significant portions of his earnings came from stock options and shares he acquired through performance awards tied to the company's financial targets. Overall, Sarvary's package was designed to attract and retain top talent, aligning his earnings closely with Tempur Sealy's success. His compensation structure reflected a broader philosophy of incentivizing executives to meet performance goals and drive shareholder value.

Year

2015

Total Compensation

$5.59M

Salary

$1.03M

Board Justification

The compensation program is designed to attract, motivate and retain the leaders of the business by rewarding executives for Company performance and execution of key business plans and strategies, creating long-term value for stockholders.

Bonus

$0.00

Board Justification

Mr. Sarvary did not receive any annual incentive pay for 2015, as per the terms of his employment agreement.

Other

$2.63M

Board Justification

This includes a severance payment in a lump sum payment in the amount of $426,110, equal to a prorated portion of his base salary based on the number of days of the calendar year prior to the effective date of termination, following his termination by the Company without Cause on May 31, 2015.

Restricted Stock

$1.93M(27.43K PRSUs)

Board Justification

Mr. Sarvary received 65,823 PRSUs tied to the Company’s three-year Adjusted EPS for the performance cycle of January 1, 2015 through December 31, 2017. Following his termination, the number of PRSUs was reduced to 27,426 shares to reflect his partial year of service in 2015.

Performance Metrics

The performance metrics for the PRSUs are tied to the Company’s three-year Adjusted EPS for the performance cycle of January 1, 2015 through December 31, 2017.

Other Tempur Sealy International CEOs

Here are other CEOs of Tempur Sealy International

H. Thomas Bryant

Ex-CEO of Tempur Sealy International

April 2006 - June 2008

W. Timothy Yaggi

Ex-CEO of Tempur Sealy International

May 2015 - January 2016