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LATHAM, N.Y. - Latham Group, Inc. (NASDAQ:SWIM), a designer and manufacturer of in-ground residential pools, announced Tuesday the appointment of Jeffrey J. Jackson as a new independent member of its Board of Directors and Audit Committee, effective immediately. According to InvestingPro, comprehensive analysis of board member affiliations and their impact on company performance is available through Pro Research Reports, covering over 1,400 US-listed companies.
The company has expanded its board from eight to nine directors with Jackson’s addition. Jackson currently serves as Chief Executive Officer of Cabinetworks Group, Inc., a kitchen cabinet manufacturer.
Prior to joining Cabinetworks in 2024, Jackson was President and Chief Executive Officer of PGT Innovations, Inc. (NYSE:PGTI), a windows, doors, and garage doors manufacturer that was acquired in March 2024. During his 19-year tenure at PGTI, he held various executive positions including Chief Operating Officer and Chief Financial Officer.
Jackson’s previous experience includes executive management roles at The Hershey Company, Mrs. Smith’s Bakeries, and The Coca-Cola Company.
"Jeff is known as a visionary leader and brings extensive executive management and financial expertise to the Board," said James C. Cline, Chairman of the Latham Board, in a press release statement.
Jackson currently serves as Lead Director and Audit Committee member at Smith Douglas Homes Corp. (NYSE:SDHC), and as a Director at Astec Industries, Inc. (NASDAQ:ASTE), a $920 million market cap company that InvestingPro analysis shows has maintained dividend payments for 14 consecutive years and operates with strong liquidity. He holds a Bachelor of Business Administration from the University of West Georgia and is a Certified Public Accountant in Georgia.
Latham Group describes itself as the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, with approximately 1,850 employees across 30 locations. For detailed financial analysis and Fair Value estimates of companies in the industrial sector, including Latham Group and its board members’ affiliated companies, visit InvestingPro.
In other recent news, Astec Industries has announced a quarterly dividend of $0.13 per share. The company’s Board of Directors confirmed that the dividend will be distributed to shareholders on or around August 29, 2025. Shareholders who are on record by the close of business on August 11, 2025, will be eligible to receive this dividend. This announcement reflects Astec Industries’ ongoing commitment to returning value to its shareholders. The dividend declaration is a significant event for investors, as it provides insight into the company’s financial health and its ability to generate cash flow. There were no other major developments reported regarding mergers, earnings, or analyst ratings for Astec Industries in recent news.
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