Latham Group Appoints New Independent Director
Latham Group, Inc. (NASDAQ:SWIM), a leading designer and manufacturer of in-ground residential pools, has announced the appointment of Frank J. Dellaquila as a new independent member of its Board of Directors and Chair of the Audit Committee. Dellaquila, who replaces the retiring Robert D. Evans, brings extensive financial expertise from his tenure as CFO of Emerson Electric Co. from 2009 to 2023.
Dellaquila's background includes significant roles at Emerson, General Electric, and Joseph E. Seagram and Sons, Inc. He currently serves on the boards of Reliance, Inc. and FM, Inc. Latham's Chairman, James C. Cline, expressed confidence that Dellaquila's experience in supporting transformative growth and knowledge of advanced technologies will benefit Latham's initiatives in fiberglass pools, automatic safety covers, and manufacturing efficiencies.
Latham Group, Inc. (NASDAQ:SWIM), un designatore e produttore leader di piscine residenziali interrate, ha annunciato la nomina di Frank J. Dellaquila come nuovo membro indipendente del suo Consiglio di Amministrazione e Presidente del Comitato di Revisione. Dellaquila, che sostituisce il pensionato Robert D. Evans, porta con sé una vasta esperienza finanziaria grazie al suo ruolo di CFO di Emerson Electric Co. dal 2009 al 2023.
Il background di Dellaquila include ruoli significativi presso Emerson, General Electric e Joseph E. Seagram and Sons, Inc. Attualmente, è membro dei consigli di amministrazione di Reliance, Inc. e FM, Inc. Il Presidente di Latham, James C. Cline, ha espresso fiducia che l'esperienza di Dellaquila nel supportare una crescita trasformativa e la sua conoscenza delle tecnologie avanzate giovino alle iniziative di Latham nelle piscine in fibra di vetro, nei coperture di sicurezza automatiche e nelle efficienze produttive.
Latham Group, Inc. (NASDAQ:SWIM), un destacado diseñador y fabricante de piscinas residenciales enterradas, ha anunciado el nombramiento de Frank J. Dellaquila como nuevo miembro independiente de su Junta Directiva y Presidente del Comité de Auditoría. Dellaquila, quien reemplaza al jubilado Robert D. Evans, aporta una amplia experiencia financiera de su mandato como CFO de Emerson Electric Co. desde 2009 hasta 2023.
El historial de Dellaquila incluye roles significativos en Emerson, General Electric y Joseph E. Seagram and Sons, Inc. Actualmente, forma parte de las juntas de Reliance, Inc. y FM, Inc. El Presidente de Latham, James C. Cline, expresó su confianza en que la experiencia de Dellaquila en apoyo al crecimiento transformador y su conocimiento de tecnologías avanzadas beneficiará las iniciativas de Latham en piscinas de fibra de vidrio, cubiertas de seguridad automáticas y eficiencias de fabricación.
Latham Group, Inc. (NASDAQ:SWIM), 지상형 주거용 수영장의 선두 디자이너이자 제조업체가 Frank J. Dellaquila를 이사회의 새로운 독립 회원이자 감사 위원회 의장으로 임명했다고 발표했습니다. 은퇴하는 Robert D. Evans를 대신하게 되는 Dellaquila는 2009년부터 2023년까지 Emerson Electric Co.의 CFO로 재직하면서 쌓은 방대한 재정 전문성을 가지고 있습니다.
Dellaquila의 경력에는 Emerson, General Electric 및 Joseph E. Seagram and Sons, Inc.에서의 중요한 역할이 포함됩니다. 그는 현재 Reliance, Inc.와 FM, Inc.의 이사로 재직하고 있습니다. Latham의 회장인 James C. Cline은 Dellaquila의 변혁적 성장 지원 경험과 첨단 기술에 대한 지식이 Latham의 유리섬유 수영장, 자동 안전 덮개 및 제조 효율성 증가 이니셔티브에 기여할 것이라고 확신했습니다.
Latham Group, Inc. (NASDAQ:SWIM), un designer et fabricant de premier plan de piscines résidentielles enterrées, a annoncé la nomination de Frank J. Dellaquila en tant que nouveau membre indépendant de son Conseil d'administration et Président du Comité d'Audit. Dellaquila, qui remplace Robert D. Evans, qui prend sa retraite, apporte une vaste expertise financière grâce à son mandat en tant que directeur financier d'Emerson Electric Co. de 2009 à 2023.
Le parcours de Dellaquila comprend des rôles significatifs chez Emerson, General Electric et Joseph E. Seagram and Sons, Inc. Il fait actuellement partie des conseils d'administration de Reliance, Inc. et FM, Inc. Le Président de Latham, James C. Cline, a exprimé sa confiance dans le fait que l'expérience de Dellaquila dans le soutien à une croissance transformative et sa connaissance des technologies avancées profiteront aux initiatives de Latham dans le domaine des piscines en fibre de verre, des couvertures de sécurité automatiques et des gains d'efficacité de fabrication.
Latham Group, Inc. (NASDAQ:SWIM), ein führender Designer und Hersteller von im Boden eingelassenen Schwimmbädern für private Haushalte, hat die Ernennung von Frank J. Dellaquila als neues unabhängiges Mitglied seines Vorstands und Vorsitzenden des Prüfungsausschusses bekannt gegeben. Dellaquila, der den ausscheidenden Robert D. Evans ersetzt, bringt umfangreiche Finanzkenntnisse aus seiner Zeit als CFO von Emerson Electric Co. von 2009 bis 2023 mit.
Dellaquilas beruflicher Werdegang umfasst bedeutende Rollen bei Emerson, General Electric und Joseph E. Seagram and Sons, Inc. Derzeit ist er Mitglied in den Vorständen von Reliance, Inc. und FM, Inc. Lathams Vorsitzender, James C. Cline, äußerte sich optimistisch, dass Dellaquilas Erfahrung in der Unterstützung transformierender Wachstumsprozesse und sein Wissen über moderne Technologien den Initiativen von Latham in den Bereichen Fiberglas-Pools, automatische Sicherheitsabdeckungen und Produktionseffizienz zugutekommen werden.
- Appointment of experienced financial executive Frank J. Dellaquila to the Board of Directors
- Dellaquila's extensive background as CFO of Emerson Electric, a $60 billion market cap company
- Potential for improved financial oversight as Dellaquila chairs the Audit Committee
- Expectation of valuable insights for growth and technology adoption in Latham's key product areas
- None.
LATHAM, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Latham Group, Inc., (NASDAQ:SWIM), the largest designer, manufacturer, and marketer of in-ground residential pools in North America, Australia, and New Zealand, today announced the appointment of seasoned financial executive Frank J. Dellaquila as a new independent member of its Board of Directors and Chair of the Company’s Audit Committee, effective immediately. Mr. Dellaquila is replacing Robert D. Evans who resigned from the Board.
Mr. Dellaquila served as Chief Financial Officer of Emerson Electric Co. (NYSE:EMR) from 2009 until his retirement in 2023 and was named Executive Vice President in 2012 and Senior Executive Vice President in 2016. Emerson, which has a current market capitalization of over
Mr. Dellaquila currently serves as a Board member and Audit Committee Chair of Reliance, Inc. and is a Board member and Finance Committee member of FM, Inc., a privately held mutual insurance company.
James C. Cline, Chairman of Latham commented, “We are very pleased to welcome Frank to Latham’s Board. He brings valuable executive leadership skills and financial credentials to the Company. Frank’s experience in supporting transformative growth, and broad knowledge of advanced technologies, will be an excellent resource for us as Latham continues to build awareness and adoption of fiberglass pools and automatic safety covers, while driving efficiencies through lean manufacturing and value engineering initiatives.
“On behalf of the Board of Directors, I would like to recognize Bob Evans for his invaluable contributions to the Company and to thank him and wish him well in his retirement,” Mr. Cline said.
About Latham Group, Inc.
Latham Group, Inc., headquartered in Latham, NY, is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. Latham has a coast-to-coast operations platform consisting of approximately 1,800 employees across 24 locations.
Contact:
Lynn Morgen
Casey Kotary
ADVISIRY Partners
lathamir@advisiry.com
212-750-5800
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