by NORTH BRUNSWICK, N.J. – Bedding Industries of America (BIA), the leading mattress manufacturer, announced that Jared and Philip Carlitz, sons of founder Stuart, have joined the company in senior leadership roles.
As BIA’s new chief operating officer, Jared, 35, will oversee the day-to-day operations of the company and lead the BIA West manufacturing facility in Rialto, California. His brother, Philip, 29, becomes chief revenue officer, and will supervise the marketing, sales and customer support teams. He is based in Chicago, working from the company’s recent acquisition, which has been rebranded as BIA Midwest.
Jared and Philip will work alongside their father, BIA’s president and CEO Stuart Carlitz, and Steven Sciortino, BIA’s CFO, who are based in New Jersey.
“While both Jared and Philip previously worked at BIA, I think the significant experience both of them have amassed during their professional careers is a real asset to our customers and our company,” said Stuart Carlitz. “I think it says a lot about how our business and the mattress industry in general has grown – that we can attract young executives with experience in mergers and acquisitions, and management consulting like Jared and Philip. I’m excited for both of them to help further the growth of the company and work closely alongside Steve and I.”
Prior to rejoining BIA, Jared was a senior director at EY-Parthenon, Ernst & Young’s (EY) global strategy consulting arm. In that role, he served clients in the technology, consumer products and e-commerce sectors on matters, including corporate strategy development, mergers and acquisitions execution, and business process optimization.
Jared notably worked with a global e-commerce leader to transform its legal entity structure, divest a $4 billion business unit and insource its payments intermediation capabilities. He has led multiple post-merger integration efforts, where he was responsible for developing integrated product roadmaps, go-to market strategies, process designs, KPIs and synergy targets. During his 12-year tenure with EY, he also held roles in finance, operations management, strategy and business development.
Jared graduated from The George Washington University School of Business with a bachelor’s degree in business administration. He received a master’s degree in business administration from the University of Southern California Marshall School of Business.
“I have been watching the amazing growth of Bedding Industries of America under my father’s leadership and wanted to be a part of its continued growth. There are so many tools that I can bring to our licensees, their customers and our people, that will help propel our success to the next level,” said Jared.
Prior to joining BIA, Philip held positions in technology growth strategy and venture capital investing. As a senior associate at venture-capital backed Avant, Philip spearheaded the company’s customer service product strategy, redesigning its online servicing dashboard and its proprietary CRM software. Prior to his MBA, Philip was head of corporate strategy and business intelligence at leading Fintech Braviant Holdings, where he worked on new product launches, company-wide goal setting and KPIs. During his graduate program at the University of Chicago Booth School, Philip worked as a venture capital associate for Chicago-based Hyde Park Venture Partners, where he sourced and performed investment due diligence on business and consumer-facing software companies.
Philip received his bachelor’s degree from The University of Chicago, where he majored in economics. He received his master’s degree in business administration from The University of Chicago Booth School of Business, where he graduated with high honors as a Wallman Scholar.
“This is an exciting time for our industry and our company. My father has assembled an amazing group of talented executives and exciting brands that positions Bedding Industries of America to continue to grow and prosper. I am excited to be a part of that future,” said Philip.
