Around the Net
Casper Sleep Acquired By Private Equity Firm, CEO Out
- Chain Store Age, Monday, November 15, 2021 5:15 PM
D2C bedding and furniture company Casper Sleep Inc. is set to be acquired by Durational Capital Management LP and is getting a new chief executive officer. CEO Philip Krim, who co-founded Casper in 2014, has stepped down and Emilie Arel, who serves as president and chief commercial officer at Casper, has been appointed CEO, effective Nov. 15. Arel has experience at brands including Quidsi, Gap and Target.
