Latham Group CFO Robert Masson resigns; reaffirms FY2022 guidance

Latham Group, Inc.

Robert Masson to resign as CFO effective March 17, 2023 for family reasons; no disagreement on matters.
Former CFO J. Mark Borseth appointed Interim CFO, effective March 18, 2023.
External search for permanent CFO has been initiated.
FY2022 net sales guidance reaffirmed at $685-$700M; adjusted EBITDA at $140-$145M.
Full-year and Q4 FY2022 results expected to be reported in early March 2023.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed (interim)

J. Mark Borseth

Interim Chief Financial Officer

SWIM · Latham Group, Inc.

Effective: 2023-03-18
Filed: January 19, 2023, 6:59 PM ET

Following the Effective Date, Mr. Borseth will become the Company’s Interim Chief Financial Officer .

Departed

Robert L. Masson II

Chief Financial Officer

SWIM · Latham Group, Inc.

Effective: 2023-03-17
Successor: J. Mark Borseth
Filed: January 19, 2023, 6:59 PM ET

On January 16, 2023, Robert L. Masson II, Chief Financial Officer of Latham Group, Inc. (the “Company”), notified the Company that he will resign his position with the Company effective as of March 17, 2023 (the “Effective Date”) for family reasons.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Mark Borseth was appointed as Interim Chief Financial Officer at Latham Group, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

Following the Effective Date, Mr. Borseth will become the Company’s Interim Chief Financial Officer .

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert L. Masson II resigned as Chief Financial Officer at Latham Group, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On January 16, 2023, Robert L. Masson II, Chief Financial Officer of Latham Group, Inc. (the “Company”), notified the Company that he will resign his position with the Company effective as of March 17, 2023 (the “Effective Date”) for family reasons.

View on SEC.gov

Latham Group, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-005051

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