Executive Chairman and Chief Executive Officer
With more than 3,800 company-operated and franchised stores across 48 states, Mattress Firm (NASDAQ: MFRM) has the largest geographic footprint in the United States among multi-brand mattress retailers. With the 2016 acquisition of Sleepy's, Mattress Firm is the nation's first border-to-border, coast-to-coast specialty bedding retailer. Founded in 1986, Houston-based Mattress Firm is the nation's leading bedding retailer with pro forma sales of over $3.5 billion over the last twelve months. The company offers a broad selection of both traditional and specialty mattresses, bedding accessories and other related products from leading manufacturers, including Sealy, Tempur-Pedic, Serta, Simmons, Stearns & Foster, and Hampton & Rhodes. Mattress Firm guarantees price, comfort and service with the ultimate goal of ensuring that customers Save Money.
Steve Stagner is currently a operating advisor at LightBay Capital and founding partner at Fireside Holdings. Fireside Holdings invest primarily in asset-backed, high-growth opportunities. Stagner is also currently the Executive Chairman at Foundry Brands and Burton Holdings which are portfolio companies at LightBay Capital. Most recently Stagner was Executive Chairman of Alliance Animal Health. Stagner is the former Executive Chairman and CEO for Mattress Firm. In this role, he was responsible for the strategic vision for the Company as well as all of its core functions including sales, marketing, merchandising, finance, and operations. Stagner joined the company as a franchise owner in 1996 with a dream to build Mattress Firm into the leading national specialty mattress retailer in the U.S. Stagner joined the corporate office in 2005, when he served as Mattress Firm’s Executive Vice President and Chief Operating Officer. He was promoted to President and Chief Executive Officer in February 2010. He oversaw Mattress Firm’s initial public offering in 2011 and guided the Company’s growth from $400 million in sales to over $3.5 billion in pro forma sales in 2015. Stagner has more than 20 years of experience in the bedding industry, including employment with mattress manufacturers Sealy Corporation and Simmons Bedding Company, and owning and operating the largest franchise in the Mattress Firm network. Stagner has also served in various capacities with the Mattress Firm Foundation, including as its President since January 2011 and director from January 2007 until December 2010. He also serves as director of the C.T. Bauer College of Business at the Univeristy of Houston and the Rusche College of Business Advisory Council at Stephen F. Austin State University. Additionally, he serves on the Advisory Board for the Translational Genomics Research Institute as well as the TGen Foundation Board. Stagner, who graduated from Stephen F. Austin University with a B.S. in Business Administration and Marketing, lives in Houston and is a proud father of two.
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