Pella names a new CEO

Pella Corporation has appointed Tim Yaggi, the former interim CEO of Tempur Sealy International, as its new president and CEO.

“We conducted an extensive, nationwide search focused on finding a proven leader with profound experience, a strong commitment to profitable growth, and who shared our culture and values,” said chairman and interim president and CEO Adam Farver. “We found all of that and more with Mr. Tim Yaggi. Tim has demonstrated the ability to create value and drive sustained business results as well as build high-performing teams.”

Yaggi was most recently serving as COO and interim president and CEO at Tempur Sealy, where he led the turnaround of the Tempur-Pedic brand through product innovation and brand-building activities.

He also previously worked for Masco Corporation as group president of the North America Builder Group, as well as for Whirlpool Corporation, most recently as executive VP, North America Market Operations.

“I truly connected with the people and the culture here at Pella Corporation during my interviews,” added Yaggi. “It is clear team members are committed and care about this company and each other. That is why it is such an honor to be the next president and CEO. As I begin my new role, I will be focused on leveraging our solid competitive advantages and talented team to build upon Pella’s strong brand and product innovation pipeline as we continually focus on enhancing value for Pella customers.”