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Foamex changes business structure: Andrew Thompson made executive VP of new foam unit

By Liz White, UT staffLinwood, Pennsylvania-In an internal reorganisation, major US foamer Foamex International Inc. has combined its Technical Products and Foam Products groups. The Linwood-headquartered foam maker said the move is intended “to better align management focus with the strategic goal of driving value-added speciality products.Foamex added that it is also making the business units responsible for manufacturing “to promote productivity and accountability.”This realignment of management and our business units will promote better market focus and improve integration and communication between our sales, marketing and manufacturing efforts, driving increased productivity and efficiency through all our businesses,” said Thomas Chorman, president and ceo of Foamex, in a company statement. As part of the reorganisation, Andrew Thompson, former executive vice president of Technical Products, has been promoted to executive VP of the new Foam and Technical Products business unit. Thompson will have responsibility for sales, marketing and manufacturing for Foamex’s bedding, furniture, fabricated and technical products. Nick Costides, former executive VP of Foam Products, has resigned to pursue other interests. Vincent Bonaddio, former senior VP of sales and marketing for the Technical Products group, has been promoted to senior VP of Technical Products with responsibility for sales, marketing and manufacturing within that division. Bonaddio will report to Thompson. Also reporting to Thompson, and adding manufacturing to their current responsibilities, are Alvaro Vaselli, senior VP, Foam Products North; Donald Crawford, Senior VP, Foam Products South; and Darrell Nance, executive VP, Foam Products West. Paul Haslanger, former executive VP of manufacturing, has been named executive VP of Manufacturing Technology. Haslanger, who will report to Chorman, will be responsible for research and development, new product commercialisation, new business integration, engineering, quality and environmental health and safety. “

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