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Hayward Appoints Water Industry Powerhouse Ron Keating to Board of Directors

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Hayward Holdings (NYSE: HAYW) has appointed Ron Keating as its newest independent director, expanding the board to 10 members, with 9 being independent. Keating, currently serving as president, CEO and board member of Excelitas Technologies Corp, brings significant water industry expertise and global operational experience.

Keating's notable career includes his role as president and CEO of Evoqua Water Technologies from 2014 to 2023, where he led the company's IPO in 2017 and its subsequent sale to Xylem (NYSE: XYL) at 25x EBITDA in 2023. Prior to this, he served as president and CEO of Contech Engineered Solutions.

In his new role at Hayward, Keating will serve on the Compensation Committee, bringing his expertise in global competitiveness, macroeconomic trends, and workforce development in complex global business environments.

Hayward Holdings (NYSE: HAYW) ha nominato Ron Keating come suo nuovo direttore indipendente, ampliando il consiglio a 10 membri, di cui 9 indipendenti. Keating, attualmente presidente, CEO e membro del consiglio di Excelitas Technologies Corp, porta con sé una significativa esperienza nel settore dell'acqua e una vasta esperienza operativa a livello globale.

La carriera notevole di Keating include il suo ruolo come presidente e CEO di Evoqua Water Technologies dal 2014 al 2023, dove ha guidato l'IPO dell'azienda nel 2017 e la successiva vendita a Xylem (NYSE: XYL) a 25 volte l'EBITDA nel 2023. Prima di questo, ha ricoperto il ruolo di presidente e CEO di Contech Engineered Solutions.

Nel suo nuovo ruolo in Hayward, Keating farà parte del Comitato per la Compensazione, portando la sua esperienza nella competitività globale, nelle tendenze macroeconomiche e nello sviluppo della forza lavoro in complessi ambienti aziendali globali.

Hayward Holdings (NYSE: HAYW) ha nombrado a Ron Keating como su nuevo director independiente, ampliando la junta a 10 miembros, de los cuales 9 son independientes. Keating, que actualmente se desempeña como presidente, CEO y miembro de la junta de Excelitas Technologies Corp, aporta una experiencia significativa en la industria del agua y una amplia experiencia operativa global.

La notable carrera de Keating incluye su papel como presidente y CEO de Evoqua Water Technologies desde 2014 hasta 2023, donde lideró la OPI de la empresa en 2017 y su posterior venta a Xylem (NYSE: XYL) a 25 veces el EBITDA en 2023. Antes de esto, se desempeñó como presidente y CEO de Contech Engineered Solutions.

En su nuevo papel en Hayward, Keating formará parte del Comité de Compensación, aportando su experiencia en competitividad global, tendencias macroeconómicas y desarrollo de la fuerza laboral en complejos entornos empresariales globales.

헤이워드 홀딩스 (NYSE: HAYW)는 론 키팅을 새로운 독립 이사로 임명하여 이사회를 10명으로 확대하였으며, 이 중 9명이 독립 이사입니다. 현재 엑셀리타스 테크놀로지스 코프의 회장, CEO 및 이사로 재직 중인 키팅은 수자원 산업에 대한 상당한 전문성과 글로벌 운영 경험을 제공합니다.

키팅의 주목할 만한 경력에는 2014년부터 2023년까지 에보쿠아 워터 테크놀로지스의 회장 및 CEO로 재직하며 2017년 회사의 IPO를 이끌고 2023년 Xylem (NYSE: XYL)에게 25배 EBITDA로 매각한 경력이 포함됩니다. 그 이전에는 Contech Engineered Solutions의 회장 및 CEO로 재직했습니다.

헤이워드에서의 새로운 역할에서 키팅은 보상 위원회에서 활동하며, 글로벌 경쟁력, 거시 경제 동향 및 복잡한 글로벌 비즈니스 환경에서의 인력 개발에 대한 전문성을 제공합니다.

Hayward Holdings (NYSE: HAYW) a nommé Ron Keating en tant que nouveau directeur indépendant, élargissant ainsi le conseil d'administration à 10 membres, dont 9 sont indépendants. Keating, actuellement président, PDG et membre du conseil de Excelitas Technologies Corp, apporte une expertise significative dans l'industrie de l'eau et une expérience opérationnelle mondiale.

La carrière remarquable de Keating inclut son rôle en tant que président et PDG de Evoqua Water Technologies de 2014 à 2023, où il a dirigé l'introduction en bourse de l'entreprise en 2017 et sa vente subséquente à Xylem (NYSE: XYL) à 25 fois l'EBITDA en 2023. Avant cela, il a été président et PDG de Contech Engineered Solutions.

Dans son nouveau rôle chez Hayward, Keating siégera au Comité de Rémunération, apportant son expertise en compétitivité mondiale, en tendances macroéconomiques et en développement de la main-d'œuvre dans des environnements commerciaux mondiaux complexes.

Hayward Holdings (NYSE: HAYW) hat Ron Keating als neuen unabhängigen Direktor ernannt und damit den Vorstand auf 10 Mitglieder erweitert, von denen 9 unabhängig sind. Keating, der derzeit als Präsident, CEO und Vorstandsmitglied von Excelitas Technologies Corp tätig ist, bringt umfassende Erfahrung in der Wasserindustrie und globale Betriebserfahrung mit.

Keatings bemerkenswerte Karriere umfasst seine Rolle als Präsident und CEO von Evoqua Water Technologies von 2014 bis 2023, wo er den Börsengang des Unternehmens im Jahr 2017 und den anschließenden Verkauf an Xylem (NYSE: XYL) zum 25-fachen EBITDA im Jahr 2023 leitete. Zuvor war er Präsident und CEO von Contech Engineered Solutions.

In seiner neuen Rolle bei Hayward wird Keating im Vergütungsausschuss tätig sein und seine Expertise in globaler Wettbewerbsfähigkeit, makroökonomischen Trends und der Entwicklung von Arbeitskräften in komplexen globalen Geschäftsumgebungen einbringen.

Positive
  • Addition of experienced water industry executive with proven track record of value creation
  • Strengthened board expertise in global operations and water industry
  • Successful experience in leading public company transactions (IPO and M&A)
  • Enhanced independent oversight with 9 out of 10 directors being independent
Negative
  • None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Hayward Holdings, Inc. (NYSE: HAYW) Board of Directors appointed Ron Keating to serve as its newest independent director, effective immediately. The Hayward Board now comprises 10 directors, nine of whom are independent.

“The appointment of Ron Keating to our Board lends direct global operational and financial expertise to Hayward, along with critical expertise in the water industry,” said Kevin Holleran, Hayward President, CEO and Director. “Ron’s distinguished career and reputation as a decisive leader brings strategic and practical judgement as we continue to execute our growth strategies and deliver value to shareholders.”

Keating currently serves as president, chief executive officer (CEO) and board member of Excelitas Technologies Corp., an industrial technology company focused on the design, development and manufacture of advanced technologies in sensing, detection, imaging, optics and specialty illumination for customers worldwide. He began his tenure at Excelitas in October 2023 after having served the previous nine years as president, CEO and a director of Evoqua Water Technologies Corporation. Keating took the global provider of water and wastewater treatment solutions and services public in 2017, and in mid-2023, he led the sale of Evoqua to Xylem (NYSE: XYL), with a market topping purchase price at 25x EBITDA. Before leading Evoqua, he served as president and CEO of Contech Engineered Solutions, an infrastructure site solutions provider.

Keating also sits on the board of publicly-traded EnPro Industries, Inc, and on the board of trustees for the Manufacturers Alliance (formerly known as Manufacturers Alliance for Productivity and Innovation).

“We welcome Ron to our outstanding Board,” commented Hayward Chairman Stephen Felice. “He brings extraordinary leadership, board experience and valuable perspective in the areas of global competitiveness, macroeconomic trends and workforce development in complex global business environments.” Keating will serve on the Compensation Committee for Hayward.

He holds a Master of Business Administration from Kellogg School of Management at Northwestern University and received his undergraduate degree in industrial distribution from Texas A&M University.

About Hayward Holdings, Inc.
Hayward Holdings, Inc. (NYSE: HAYW) is a leading global designer and manufacturer of pool and outdoor living technology. With a mission to deliver exceptional products, outstanding services, and innovative solutions to transform the experience of water, Hayward offers a full line of energy-efficient and sustainable residential and commercial pool equipment including pumps, heaters, sanitizers, filters, LED lighting, water features, and cleaners all digitally connected through Hayward’s intuitive IoT-enabled SmartPad™.

Investor Relations Contact:

Kevin Maczka

investor.relations@hayward.com

Media Relations Contact:

Misty Zelent

mzelent@hayward.com

Source: Hayward Holdings, Inc.

FAQ

When did Ron Keating join Hayward Holdings (HAYW) board of directors?

Ron Keating was appointed as an independent director to Hayward Holdings' board effective immediately, as announced in the press release.

What is Ron Keating's current position besides serving on HAYW's board?

Ron Keating currently serves as president, CEO and board member of Excelitas Technologies Corp, a position he began in October 2023.

What was Ron Keating's major achievement at Evoqua Water Technologies?

Keating led Evoqua's IPO in 2017 and orchestrated its sale to Xylem (XYL) at 25x EBITDA in mid-2023.

What committee will Ron Keating serve on at Hayward Holdings (HAYW)?

Ron Keating will serve on the Compensation Committee for Hayward Holdings.
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