Latham Group appoints Oliver Gloe as CFO effective Nov 13, 2023; Borseth transitions to advisor

Latham Group, Inc.

Oliver Gloe appointed CFO of Latham Group (Nasdaq: SWIM), effective Nov 13, 2023; will join as VP Finance on Oct 30.
Gloe's annual base salary set at $420,000; target cash bonus 60% of salary; target long-term equity incentive 150% of salary.
Gloe receives sign-on RSUs valued at $100,000 (3-year vesting) and 2023 equity awards: SARs valued at $63,000 and RSUs valued at $147,000 (4-year vesting each).
Mark Borseth steps down as Interim CFO effective Nov 13, 2023, remains Strategic Advisor through Dec 31, 2023.
Gloe previously served as CFO of Fortune Brands Innovations' Outdoors & Security unit ($2.5B business).

item 5.02 item 7.01 item 9.01

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Appointed

Oliver C. Gloe

Chief Financial Officer

SWIM · Latham Group, Inc.

Effective: 2023-11-13
Filed: October 24, 2023, 7:59 PM ET

appointed Oliver C. Gloe, age 49, as Vice President, Finance of the Company and Latham Pool Products, Inc., a subsidiary of the Company (collectively, the “Latham Companies”), effective from October 30, 2023 until November 12, 2023, and Chief Financial Officer of the Latham Companies, effective November 13, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Oliver C. Gloe was appointed as Chief Financial Officer at Latham Group, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

appointed Oliver C. Gloe, age 49, as Vice President, Finance of the Company and Latham Pool Products, Inc., a subsidiary of the Company (collectively, the “Latham Companies”), effective from October 30, 2023 until November 12, 2023, and Chief Financial Officer of the Latham Companies, effective November 13, 2023.

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Source: SEC EDGAR

accession 0001104659-23-110963

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