---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-119317"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2025-12-08T23:59:59+00:00"
generated_at: "2026-05-16T14:03:50.784420+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-119317
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2025-12-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833197/000110465925119317/0001104659-25-119317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465925119317/tm2532973d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-119317
- JSON: https://secwatch.observer/filing/0001104659-25-119317.json
- Plain text: https://secwatch.observer/filing/0001104659-25-119317.txt

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