MyPillow founder Mike Lindell stepped down as chief executive officer and reduced his ownership stake to focus full-time on his campaign for governor of Minnesota.
Lindell Leaves MyPillow CEO Role
On Tuesday, MyPillow announced that Lindell has stepped down as CEO after 22 years and reduced his ownership to a minority stake as he shifts his focus to the Minnesota governor’s race.
Lindell will remain a shareholder and a member of the company’s board of directors
James “Jim” Furlong, who previously served as MyPillow’s president from 2004 to 2019, will return to the company as its new CEO.
In a post on X, Lindell wrote, “Today, I’ve made one of the biggest decisions of my life. I’m stepping down as CEO of MyPillow so I can devote 100% of my time and energy to my campaign for Governor of Minnesota.”
‘Minnesota Comes First’
In the news release, Lindell said, “Minnesota comes first. This is the time to serve.”
He added, “This decision is not about walking away. It is about stepping forward to serve. I am putting Minnesota above myself, my title, and my business interests so I can give this campaign and the people of our state my full time, energy, and attention.”
Lindell also said he trusts Furlong and the board “to protect our employees, our customers, and our Minnesota roots.”
Trump Backs Lindell For Governor
Last month, President Donald Trump endorsed Lindell for Minnesota governor, backing the longtime ally and 2020 election conspiracy theory promoter in a crowded Republican primary race.
Trump praised Lindell, calling him one of America’s “greatest and most hard-working Patriots” and saying he could help “bring” Minnesota “back from oblivion and embarrassment.”
Lindell thanked Trump for the endorsement and said, “Let’s Make Minnesota Great Again!”
The endorsement had the potential to reshape the Republican contest ahead of Minnesota’s Aug. 11 primary, which included Lindell, state House Speaker Lisa Demuth (R-Minn.) and businessman Kendall Qualls, the Minnesota Republican Party’s endorsed candidate.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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