LATHAM, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) — Latham Group, Inc., (NASDAQ:SWIM), the biggest designer, producer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, right this moment introduced the appointment of seasoned monetary govt Frank J. Dellaquila as a brand new impartial member of its Board of Administrators and Chair of the Firm’s Audit Committee, efficient instantly. Mr. Dellaquila is changing Robert D. Evans who resigned from the Board.
Mr. Dellaquila served as Chief Monetary Officer of Emerson Electrical Co. (NYSE:) from 2009 till his retirement in 2023 and was named Govt Vice President in 2012 and Senior Govt Vice President in 2016. Emerson, which has a present market capitalization of over $60 billion, is a worldwide expertise and automation chief. Mr. Dellaquila joined Emerson in 1991 as Company Vice President and Treasurer. Beforehand, he held assistant treasurer and monetary analyst positions at Basic Electrical (NYSE:) and Joseph E. Seagram and Sons, Inc.
Mr. Dellaquila at the moment 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 coverage firm.
James C. Cline, Chairman of Latham commented, We’re more than happy to welcome Frank to Latham’s Board. He brings invaluable govt management abilities and monetary credentials to the Firm. Frank’s expertise in supporting transformative development, and broad information of superior applied sciences, can be a superb useful resource for us as Latham continues to construct consciousness and adoption of fiberglass swimming pools and automated security covers, whereas driving efficiencies by lean manufacturing and worth engineering initiatives.
On behalf of the Board of Administrators, I wish to acknowledge Bob Evans for his invaluable contributions to the Firm and to thank him and want him nicely in his retirement, Mr. Cline mentioned.
About Latham Group, Inc.
Latham Group, Inc., headquartered in Latham, NY, is the biggest designer, producer, and marketer of in-ground residential swimming swimming pools in North America, Australia, and New Zealand. Latham has a coast-to-coast operations platform consisting of roughly 1,800 workers throughout 24 places.
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