Leslie's, Inc. Announces CEO Transition

Core Points - Jason McDonell has been appointed as the new CEO of Leslie's, effective September 9, 2024, and will also join the Board of Directors at that time [1][3] - John Strain, the Chairman of the Board, will serve as Interim CEO until McDonell's arrival, following the departure of Michael Egeck [2][4] - The company has reaffirmed its fiscal 2024 outlook, consistent with previous guidance provided on August 7, 2024 [4] Company Overview - Leslie's, Inc. is the largest direct-to-consumer brand in the U.S. pool and spa care industry, founded in 1963 [5] - The company operates over 1,000 physical locations and a robust digital platform, catering to both residential and professional consumers [5] - Leslie's offers an extensive assortment of essential pool and spa care products, supported by a dedicated team of experts [5] Leadership Background - Jason McDonell brings nearly 30 years of experience in retail and consumer products, previously serving as Executive Vice President at Advance Auto Parts, managing a $11 billion portfolio [3] - His prior experience includes 21 years at PepsiCo, culminating in his role as Canada President for a $2.5 billion business [3] - McDonell has a strong background in brand management, having started his career at Procter & Gamble, and holds a bachelor's degree in Business Administration [3]