Latham Pool Products Appoints Mark Borseth as Chief Financial Officer

Latham Pool Products Inc. announced today that it has appointed Mark Borseth as chief financial officer.

A seasoned executive, Mark brings extensive experience to the organization and will lead Latham's global financial operations, regional finance organizations and investor relations. Mark will serve as a key member of the Latham senior leadership team, reporting directly to Latham President and CEO Scott Rajeski.

"We are very excited to add Mark to Latham's talented executive team," says Rajeski. "Mark brings more than 30 years of financial and strategic experience that are immensely valuable as we continue to invest behind our tremendous growth. Adding an executive of Mark's caliber is a strong endorsement of our company's potential. I am highly confident that his management capabilities and expertise will help us fulfill the promise of our continued growth in North America and abroad."

Prior to joining Latham, Mark most recently served as CEO of Ranpak, a national protective packaging solutions business, under the Rhône Group, after previously serving as the company's CFO. He started his career in sales and warehouse management at Condux International and also served as operating partner at Turnspire Capital Partners. He was CFO at Constar and Eclipse Aviation, in addition to holding various positions of increasing responsibility over the course of more than 20 years at 3M. Mark's extensive finance experience across various industries and companies will provide valuable leadership to the Latham organization.

"It is a truly exciting time to join Latham, and I am privileged to serve alongside this strong team," Borseth says. "Latham has done an amazing job building a truly differentiated category leader, and it continues along an incredible path. The company's commitment to continued investment makes this an extremely exciting opportunity for the next phase of my career."

"I am thrilled to welcome Mark to Latham," says Rajeski. "We will continue placing world class leaders throughout the company to ensure that we execute flawlessly and deliver on commitments to our global customers and financial partners."

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