MEDIA, Pa.–FXI, formerly known as Foamex, has appointed John Cowles as president and CEO, succeeding Jack Johnson, who is retiring.
In a company statement, Johnson cited Cowles’ supply-chain, innovation and general industry experience. Most recently, Cowles served as CEO of Touchstone Wireless. Prior to this, he was president of George Weston Bakeries, and served in executive positions with Kraft Foods and Campbell Soup Co.
Johnson will remain with the company as non-executive chairman. He served as president and CEO for six years and in two tours of duty.