Leslie’s, Inc. Appoints Maile (Clark) Naylor to Board of Directors

Rhea-AI Summary

Leslie's, the leading direct-to-consumer pool and spa care brand in the U.S., has appointed Maile (Clark) Naylor to its Board of Directors, replacing Eric Kufel effective May 15, 2024.

Ms. Naylor joins as a Class I Director and member of the Audit and Compensation Committees. Eric Kufel resigned to focus on his role as Chairman and CEO of another company, with no disagreements related to Leslie's operations or policies.

Ms. Naylor brings 25 years of buy-side experience at firms like MFS Investment Management and Wellington Management. She is an Independent Director at BJ's Wholesale Club and Laird Superfood. Leslie's Chairman John Strain expressed gratitude for Kufel's contributions and welcomed Naylor's valuable perspective.

Positive

• Appointment of Maile (Clark) Naylor, with 25 years of buy-side experience, to Leslie's Board of Directors.
• Naylor's experience with consumer-related companies and roles at MFS Investment Management, Seneca Capital Management, and Wellington Management.
• Naylor currently serves as an Independent Director on the Boards of BJ's Wholesale Club and Laird Superfood.
• No disagreements between Eric Kufel and Leslie's operations or policies during his resignation.
• John Strain, Leslie's Chairman, praises Kufel's positive impact since 2018 and welcomes Naylor's valuable insights.

Negative

• Eric Kufel's resignation from the Board of Directors may raise concerns about leadership stability, despite no disagreements mentioned.

PHOENIX, May 15, 2024 (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 the Company has appointed Maile (Clark) Naylor to its Board of Directors, replacing Eric Kufel, effective May 15, 2024. Ms. Naylor has joined as a Class I Director and member of the Audit and Compensation Committees. Mr. Kufel has resigned from his board duties at Leslie’s to concentrate on his recently appointed role as Chairman and CEO of another company. Mr. Kufel advised the Company that his decision to resign is not due to any disagreement with the Company on any matter relating to its operations, policies or practices.

“On behalf of Leslie’s, we would like to express our sincere gratitude to Eric for his service. Eric has been with Leslie’s since 2018 and has had a tremendous positive impact in various functions on Leslie’s board. We wish him continued success going forward. At the same time, we are fortunate to have the opportunity to work with Maile (Clark) Naylor. Maile’s prior experience on the Board of Directors with multiple public companies and her insights as an analyst and investor will bring a valuable perspective to our team,” said John Strain, Leslie’s Chairman of the Board.

Ms. Naylor said, “I have long admired Leslie's strong market share position in an industry with favorable long-term prospects, and it is an honor to join its Board of Directors."

Ms. Naylor brings 25 years of buy-side experience focusing on consumer related companies at such firms as MFS Investment Management, Seneca Capital Management and Wellington Management. Ms. Naylor is currently an Independent Director on the Board of Directors at BJ’s Wholesale Club (NYSE: BJ) and Laird Superfood (NYSE American: LSF) and serves on the Board of Advisors of Boston Ballet.

About Leslie's
Founded in 1963, Leslie's is the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry. The Company serves the aftermarket needs of residential and professional consumers with an extensive and largely exclusive assortment of essential pool and spa care products. The Company operates an integrated ecosystem of more than 1,000 physical locations and a robust digital platform, enabling consumers to engage with Leslie's whenever, wherever, and however they prefer to shop. Its dedicated team of associates, pool and spa care experts, and experienced service technicians are passionate about empowering Leslie's consumers with the knowledge, products, and solutions necessary to confidently maintain and enjoy their pools and spas.

For more information about Leslie's, visit lesliespool.com or follow and engage with us: @lesliespoolcare on Instagram, Leslie's on Facebook, and @lesliespoolcare on X (formerly Twitter).

Contact

Investors
Matthew Skelly
Vice President, Investor Relations
Leslie’s, Inc.
investorrelations@lesl.com

Farah Soi/Caitlin Churchill
ICR
investorrelations@lesl.com

FAQ

Who has joined Leslie's Board of Directors in May 2024?

Maile (Clark) Naylor has joined Leslie's Board of Directors as a Class I Director.

When did Eric Kufel resign from Leslie's Board of Directors?

Eric Kufel resigned from Leslie's Board of Directors effective May 15, 2024.

What roles will Maile Naylor assume on Leslie's Board?

Maile Naylor will be a Class I Director and a member of the Audit and Compensation Committees.

Why did Eric Kufel resign from Leslie's Board?

Eric Kufel resigned to focus on his role as Chairman and CEO of another company, with no disagreements with Leslie's operations or policies.

What is Maile Naylor's background?

Maile Naylor has 25 years of buy-side experience and currently serves on the Boards of BJ's Wholesale Club and Laird Superfood.

What is Leslie's stock symbol?

Leslie's stock symbol is LESL.