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Hanesbrands Inc. stock price
Hanesbrands Inc. latest news:
Tempur Sealy's CFO Barry Hytinen leaves to take same position at HanesBrands
Tempur Sealy International Inc. said Monday Chief Financial Officer Barry Hytinen will step down from his position, effective Oct. 13, to pursue an opportunity outside of the bedding industry. Also Monday, underwear maker HanesBrands Inc. named Hytinen as CFO, effective Oct. 16. Mattress maker Tempur Sealy said it named Bhaskar Rao as its CFO. Rao, who joined the company in 2004, was most recently the chief accounting officer. HanesBrands said Hytinen will replace current CFO Richard Moss, who announced in April his plan to retire after 12 years with the company. Tempur Sealy's stock has rallied 28% over the past three months, while HanesBrands shares have climbed 8.6% and the S&P 500 has gained 2.6%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.