STOCK TITAN

Leslie’s, Inc. Appoints James R. Ray, Jr. to Board of Directors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Leslie's, Inc. (NASDAQ: LESL) has appointed James R. Ray, Jr. to its Board of Directors, enhancing its governance structure. Ray brings extensive experience in supply chain management, strategy development, and mergers and acquisitions, having previously held leadership roles at Stanley Black & Decker and TE Connectivity. He expressed enthusiasm about contributing to Leslie's growth, which is the leading U.S. brand in pool and spa care since 1963, operating over 950 locations and employing 5,000 associates.

Positive
  • James R. Ray, Jr. appointed to the Board, expected to enhance governance.
  • Ray's extensive experience in supply chain and strategy could strengthen Leslie's market position.
Negative
  • None.

PHOENIX, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Leslie's, Inc. ("Leslie's" or the “Company”; NASDAQ: LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, announced that it has appointed James R. Ray, Jr. to its Board of Directors.

"We are pleased to welcome James to our Board of Directors,” said Steven Ortega, Leslie’s Chairman of the Board. “With James’ appointment we continue to evolve our governance structure as an independent company. James will be a valuable addition to our team bringing significant experience as a seasoned leader with expertise in supply chain, strategy development and execution, as well as M&A.”

“Leslie’s has built a leadership position in the industry and has established proven strategies to further expand market share. I am excited to join Leslie’s Board, and I look forward to contributing to their ongoing success,” said James Ray, Jr.

Mr. Ray is currently on the Board of Directors at Commercial Vehicle Group and R.R. Donnelley & Sons. He recently retired from Stanley Black & Decker in November 2020 as President, Global Engineered Fastening Business Unit after joining the company in 2013 and serving in various leadership roles. Prior to joining Stanley, Mr. Ray served as Sr. VP and GM for Americas Automotive Business at TE Connectivity. Earlier in his career, he served as VP Global Driveline Business Unit at Delphi and various executive leadership positions in engineering and operations with Delphi. Mr. Ray started his career with GM as a college intern in 1983 with various assignments of increasing responsibility in product engineering and manufacturing operations.

Mr. Ray earned a bachelor’s degree in electrical engineering from Howard University and a master’s degree in manufacturing management from Kettering University. He also holds an executive education certificate from Kellogg School of Business, Northwestern University and Thunderbird Graduate School for International Management at Arizona State University.

About Leslie's
Founded in 1963, Leslie's is the largest direct-to-consumer brand in the U.S. pool and spa care industry, serving residential, professional, and commercial consumers. Leslie's markets its products through more than 950 physical locations and multiple digital platforms. The company employs more than 5,000 associates, pool and spa care experts, and certified technicians who are passionate about empowering consumers with the knowledge, products, and solutions necessary to confidently maintain and enjoy their pools and spas.

Contact

Investors
Farah Soi/Caitlin Churchill
ICR
investorrelations@lesl.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/013dbe6b-077e-4508-8844-68aaca962c84


FAQ

Who is James R. Ray, Jr., newly appointed to Leslie's Board?

James R. Ray, Jr. is the new Board member at Leslie's, bringing vast experience from leadership roles at Stanley Black & Decker and TE Connectivity.

What expertise does James R. Ray, Jr. bring to Leslie's?

Ray brings expertise in supply chain management, strategy development, and mergers and acquisitions to Leslie's Board.

What is the significance of Ray's appointment for Leslie's investors?

Ray's appointment is significant as it could enhance governance and strategic direction, potentially leading to improved performance for investors.

When was James R. Ray, Jr. appointed to Leslie's Board?

James R. Ray, Jr. was appointed to Leslie's Board on August 19, 2021.

How long has Leslie's been in the pool and spa care industry?

Leslie's has been a leader in the pool and spa care industry since its founding in 1963.

Leslie's, Inc.

NASDAQ:LESL

LESL Rankings

LESL Latest News

LESL Stock Data

371.34M
179.06M
4.97%
106.47%
12.18%
Specialty Retail
Retail-retail Stores, Nec
Link
United States of America
PHOENIX