secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001104659-23-110963
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000110465923110963/0001104659-23-110963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000110465923110963/tm2328949d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-110963

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