---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-110963"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:30:18.345228+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0001104659-23-110963
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833197/000110465923110963/0001104659-23-110963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465923110963/tm2328949d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-110963
- JSON: https://secwatch.observer/filing/0001104659-23-110963.json
- Plain text: https://secwatch.observer/filing/0001104659-23-110963.txt

## Key facts
- Executive change
  Oliver C. Gloe was appointed as Chief Financial Officer at Latham Group, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833197/000110465923110963/0001104659-23-110963-index.htm

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