---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-22-001910"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2022-06-14T23:59:59+00:00"
generated_at: "2026-06-25T02:06:25.452119+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Latham Group announces CFO succession: Borseth retiring, Masson appointed

## Summary
- CFO Mark Borseth to retire; transitions to Strategic Advisor through Dec 31, 2022.
- Robert Masson appointed CFO effective July 11, 2022; previously EVP & CFO of Hypertherm.
- Masson's compensation: $420k base, 60% target bonus, $315k one-time RSU, $378k 2022 equity options, annual target equity $630k.
- Borseth retirement: continues base salary thru Dec 2022, 75% guaranteed target bonus, 106,606 RSUs vest, rest forfeited.
- Borseth did not express any disagreement on Company's operations.

## SEC filing metadata
- accession: 0000950142-22-001910
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2022-06-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833197/000095014222001910/0000950142-22-001910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000095014222001910/eh220261370_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-22-001910
- JSON: https://secwatch.observer/filing/0000950142-22-001910.json
- Plain text: https://secwatch.observer/filing/0000950142-22-001910.txt

## Key facts
- Executive change
  J. Mark Borseth retired as Chief Financial Officer at Latham Group, Inc..
  - Action: retired
  - Role: Chief Financial Officer
  source text: On June 14, 2022, Latham Group, Inc. (the “Company”) (Nasdaq: SWIM) announced that in connection with the retirement of its Chief Financial Officer, J. Mark Borseth, the Company has appointed Robert L. Masson II as the Chief Financial Officer of the Company, effective as of July 11, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833197/000095014222001910/0000950142-22-001910-index.htm
- Executive change
  Robert L. Masson II was appointed as Chief Financial Officer at Latham Group, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On June 14, 2022, Latham Group, Inc. (the “Company”) (Nasdaq: SWIM) announced that in connection with the retirement of its Chief Financial Officer, J. Mark Borseth, the Company has appointed Robert L. Masson II as the Chief Financial Officer of the Company, effective as of July 11, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833197/000095014222001910/0000950142-22-001910-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.