Pool Corporation Announces the Retirement of Mark W. Joslin and the Appointment of Melanie Housey Hart as Chief Financial Off...
March 01 2021 - 4:01PM
Pool Corporation (Nasdaq/GSM:POOL) announced today that Mark W.
Joslin will retire as Senior Vice President, Chief Financial
Officer (CFO) and Treasurer in 2021 after more than sixteen years
of service with the company. The Board of Directors has appointed
Melanie Housey Hart to be the company’s next CFO. Mrs. Hart
currently serves as the company’s Vice President, Corporate
Controller and Chief Accounting Officer. Mr. Joslin will continue
in his role until later this year in order to ensure a successful
transition.
“On behalf of the Board of Directors and the
entire POOLCORP team, I want to express our heartfelt gratitude to
Mark for his exceptional leadership and important contributions to
the growth and success of our company during his sixteen years of
service. As CFO, Mark has played an instrumental role in numerous
strategic and financial initiatives, including growing our company
organically and through acquisitions, helping to drive improvements
in profitably and cash flow and maintaining a strong balance sheet.
I would also like to personally thank Mark for being an incredible
partner and trusted advisor in supporting me as CEO,” said Peter D.
Arvan, President and CEO.
As Vice President, Corporate Controller and
Chief Accounting Officer, Mrs. Hart is responsible for the
company’s accounting and financial reporting functions, including
financial planning and analysis, tax and international accounting,
and is a licensed CPA. Mrs. Hart first joined POOLCORP in 2006 as
the Senior Director of Corporate Accounting. She has served as
Corporate Controller since July 2007, was designated as Chief
Accounting Officer in May 2008 and appointed Vice President in
February 2019. Prior to joining POOLCORP, she was a Senior Manager
in the Assurance and Advisory Business Services Group at Ernst
& Young, where she worked for the previous 12 years.
“Melanie possesses a distinct combination of
superior financial acumen and strategic focus, along with a deep
understanding of our business and our vision. She has a
demonstrated track record of leading change throughout our company
to drive long-term shareholder growth. Her collaborative mindset
makes her a valued and trusted partner to our senior management
team and others, both inside and outside our organization. I look
forward to working closely with Melanie to continue our history of
exceptional value creation for our customers, suppliers,
shareholders and employees,” commented Arvan.
Pool Corporation is the world’s largest
wholesale distributor of swimming pool and related backyard
products. POOLCORP operates approximately 400 sales centers in
North America, Europe and Australia through which it distributes
more than 200,000 national brand and private label products to
roughly 120,000 wholesale customers. For more information about
POOLCORP, please visit www.poolcorp.com.
This news release may include “forward-looking”
statements that involve risk and uncertainties. The forward-looking
statements in this release are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially due to a variety of factors,
including impacts on our business from the COVID-19 pandemic, the
sensitivity of the swimming pool supply business to weather
conditions and other risks detailed in POOLCORP’s 2020 Form 10-K,
Quarterly Reports on Form 10-Q and other reports and filings with
the Securities and Exchange Commission (SEC).
CONTACT:
Curtis J. ScheelDirector of Investor
Relations985.801.5341curtis.scheel@poolcorp.com
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