Latham Group names Sean Gadd as new CEO; Scott Rajeski retires after 8 years

Latham Group, Inc.

Scott Rajeski to retire as CEO and board member effective Jan 4, 2026; will serve as special advisor for ~6 months.
Sean Gadd, formerly President of James Hardie North America, becomes CEO and Class II director on Jan 5, 2026.
Gadd's compensation includes $750k base salary, 100% target bonus, $2.75M SAR grant, and annual equity target of $2-3M.
Rajeski enters separation agreement with consulting fee of $41,667/month and continued vesting of certain equity awards through July 2026.

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