Classic Brands names new CFO

COLUMBIA, Md. – Classic Brands has named Matthew Sibole as its new chief financial officer. In his new position, he will be a principal member of the executive leadership team for the bedding manufacturer and distributor.

Prior to joining Classic Brands, Sibole was vice president of finance for Apex Tool Group, a hand and power tool manufacturer. He also has held a number of finance, commercial and operations roles with Stanley Black & Decker, EnTrans International, General Electric, Schneider Election and IBM.

“After an extensive search, we’re pleased to have found a trusted partner in Matt,” said Scott Burger, Classic Brands’ CEO. “As our new CFO, Matt will oversee and streamline our financial processes as the company continues to move forward.”

Sibole reports to Burger.

“I am honored to be joining Classic Brands’ powerhouse team at such an exciting time for both the company and the industry,” Sibole said. “Together, I look forward to continuing to improve Classic’s positioning in a rapidly changing market, increasing profitability and streamlining the company’s financials as Classic continues to grow and evolve.”

Sibole succeeds Andrew Houen in the position.

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