Spearman will serve in a newly created position and brings to Hayward a strong operations background that includes domestic and international operations leadership, Lean Manufacturing deployment expertise, and strategic capacity and operational footprint design
BERKELEY HEIGHTS, NJ – January 14, 2022 – Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), global designer, manufacturer and marketer of a broad portfolio of pool equipment and technology, announces that Derek Spearman is joining the company as the Vice President of US Manufacturing. In this newly created role, Spearman will be responsible for all plant and planning operations for the company’s US-based plants.
“I am honored to join the Hayward team, and I look forward to continuing to build upon its solid foundation,” Spearman said. “Hayward is uniquely positioned to capitalize on the rapidly changing manufacturing environment thanks to its great business model and talented management team. This is a tremendous opportunity, and I am looking forward to making an impact.”
Spearman is joining Hayward’s Global Operations Staff, which is led by Senior Vice President and Chief Supply Chain Officer Donald Smith.
“Derek Spearman is joining Hayward in a new and vitally-important role where he will add additional experience, capacity and quality to what is already a world-class Operations team. Hayward will benefit greatly from Derek’s expertise in domestic and international operations leadership, Lean Manufacturing deployment, and strategic capacity and operational footprint design. I am excited for him to get started,” Smith said.
Spearman is joining Hayward after spending four years at Timken Company where he was the Vice President of Lovejoy Incorporated. At Timken, Spearman directed operations at five domestic and international plants staffed by more than 400 people, and he managed budgets exceeding $100 million.
Spearman has also previously held roles as a Director of Operations, Plant Manager, Six Sigma Blackbelt Lean Leader, Quality Director, and Area Manager with organizations such as GKN Driveline, Matcor-Matsu Group, Ford Motor Company, Eli Lilly, and Whirlpool Corporation.
Spearman earned an MBA from Webster University and a Bachelor of Science from Purdue University.
About Hayward Holdings, Inc.
Hayward Holdings, Inc. (NYSE:HAYW) is a leading global designer and manufacturer of pool equipment and technology all key to the SmartPad™ conversion strategy designed to provide a superior outdoor living experience. Hayward offers a full line of innovative, energy-efficient and sustainable residential and commercial pool equipment, including a complete line of advanced pumps, filters, heaters, automatic pool cleaners, LED lighting, internet of things (IoT) enabled controls, alternate sanitizers and water features.
This release contains forward-looking statements and information relating to the Company that are based on the beliefs of management as well as assumptions made by, and information currently available to management. When used in this release, words such as “may,” “will,” “should,” “could,” “intend,” “potential,” “continue,” “anticipate,” “believe,” “estimate,” “expect,” “plan,” “target,” “predict,” “project,” “seek” and similar expressions as they relate to us are intended to identify forward-looking statements. These statements reflect management’s current views with respect to future events, are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Further, certain forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements. Hayward has based these forward-looking statements largely on management’s current expectations and projections about future events and financial trends that management believes may affect Hayward’s business, financial condition and results of operations. Important factors that could affect Hayward’s future results and could cause those results or other outcomes to differ materially from those indicated in the forward-looking statements include the following: our ability to execute on our growth strategies and expansion opportunities; our ability to maintain favorable relationships with suppliers and manage disruptions to our global supply chain and the availability of raw materials; our relationships with and the performance of distributors, builders, buying groups, retailers and servicers who sell our products to pool owners; competition from national and global companies, as well as lower cost manufacturers; impacts on our business from the sensitivity of our business to seasonality and unfavorable economic and business conditions; our ability to identify emerging technological and other trends in our target end markets; our ability to develop, manufacture and effectively and profitably market and sell our new planned and future products; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; our ability to attract and retain senior management and other qualified personnel; regulatory changes and developments affecting our current and future products; volatility in currency exchange rates; our ability to service our existing indebtedness and obtain additional capital to finance operations and our growth opportunities; impacts on our business from political, regulatory, economic, trade, and other risks associated with operating foreign businesses; our ability to establish and maintain intellectual property protection for our products, as well as our ability to operate our business without infringing, misappropriating or otherwise violating the intellectual property rights of others; the impact of material cost and other inflation; the impact of changes in laws, regulations and administrative policy, including those that limit US tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; impacts on our business from the COVID-19 pandemic; and other risks and uncertainties set forth under “Risk Factors” in the prospectus for Hayward’s initial public offering and in Hayward’s subsequent SEC filings.
The Pool & Hot Tub Alliance Sets Record Year with More Than $1M in Donations for Step Into Swim
Water safety education program funded swim lessons for 6,297 children thanks to donors, partners
Alexandria, VA (January 13, 2022) – Today, the Pool & Hot Tub Alliance (PHTA) and its foundation celebrate the donors who made 2021 a record-setting year for Step Into Swim, an initiative committed to safe swim education. The program raised more than $1,000,000 and provided swim lessons to 6,297 children with support from major founding partner Every Child A Swimmer and other industry leaders.
In advancing its Step Into Swim initiative, PHTA continues to collaborate with individuals and donors who have a passion for protecting kids in the water. It is because of these supporters that Step Into Swim had an impactful year. The association proudly recognizes its top 2021 donors, including Bill Kent Family Foundation and Fluidra (Diamond Level); American Pools, AquaCal, Claffey Pools, and Hayward (Platinum Level); and Kiwanis International, Master Pools Guild, and Premier Pools and Spas (Gold Level).
“We are making strides to combat childhood drowning thanks to the generous donors who share in our mission to create more swimmers. Our efforts to expand Step Into Swim would not be possible without their support,” said Rowdy Gaines, three-time Olympic Gold Medalist and Vice President of Partnerships and Development at PHTA. “The aquatics industry has a unique opportunity to come together in the name of safe swim education. Our partners truly delivered on that in 2021.”
In 2021, Step Into Swim raised over $500,000 dollars from the pool and hot tub industry, which will be matched by the PHTA Board of Directors; provided grants to 22 facilities in Arizona, California, Connecticut, Florida, Georgia, Kansas, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, and Texas; funded swim lessons for 6,297 children; and formed a coalition of advocates, inclusive of Every Child A Swimmer, International Swimming Hall of Fame, American Swimming Coaches Association, Florida Swimming Pool Association, National Drowning Prevention Alliance, and the United States Swimming Pool Association. The strategic coalition has generated additional dollars and visibility to further promote swimming education.
“I am in awe of how far Step Into Swim has come thanks to the leadership of Rowdy Gaines and our Champions Board, as well as the support from our members and partners,” said Sabeena Hickman, CAE, President and CEO of PHTA. “Everyone plays a special role in helping us mobilize against an important initiative to provide educational resources and access to free swimming lessons. The future is bright as we continue to build upon this momentum in 2022.”
Donors can support Step Into Swim through tiered funding levels, including the Build A Pool, Save A Life Sponsorship where companies can pledge funds based on the number of pools built or maintenance contracts signed each year. 100 percent of funds go directly to Step Into Swim programming. Visit www.StepIntoSwim.org to see a full list of supporters and to learn more about how to get involved.
About Pool & Hot Tub Alliance and Step Into Swim:
The Pool & Hot Tub Alliance (PHTA), a non-profit organization with nearly 3,500 members from around the world, was established in 1956 to support, promote, and protect the common interests of the $36.5B pool, hot tub, and spa industry. PHTA provides education, advocacy, standards development, research, and market growth to increase our members’ professionalism, knowledge, and profitability. Additionally, PHTA facilitates the expansion of swimming, water safety and related research and outreach activities aimed at introducing more people to swimming, making swimming environments safer and keeping pools open to serve communities. For more information, visit www.phta.org.
Step Into SwimTM is an initiative of the Pool & Hot Tub Alliance and its foundation committed to safe swim education and drowning prevention. By investing in the next generation of swimmers through learn-to-swim programming, the Step Into Swim initiative instills confidence, empowers long-term participation in water activities, touts the positive benefits of water play, and advocates for safe practices. Since its inception in 2012, Step Into Swim has played a role in reducing drowning fatalities and has gifted swim lessons to more than 285,000 children with support from community organizations, partners, industry advocates, members and more. For more information, visit www.stepintoswim.org.
Barbara Borra, New Independent Director at Fluidra
The Board of Directors of Fluidra, the global leader in equipment and connected solutions in the pool and wellness sector, has appointed Barbara Borra as a new independent director to replace Martín Ariel Atlas. This appointment will be subject to ratification at the Company’s next General Shareholders’ Meeting.
- She replaces Martín Ariel Atlas, nominee director representing Rhône Capital. Rhône Capital is losing one seat on the Board after its shareholding dropped below 15%.
- Following the appointment of Barbara Borra, the number of independent directors has risen from 4 to 5 (out of a total of 12).
This change on the Board follows Rhône Capital’s sell down in September, decreasing its shareholding below 15% to 11.5%. This drop below 15% implies that the number of nominee directors from Rhône Capital on the Board falls from 4 to 3, in line with the Shareholders Agreement.
Since January 2019, Barbara Borra is the President and CEO of the Home Solutions Division at the Franke Group. She joins the Board of Directors of Fluidra after 35 years of international experience that has included senior management posts at Whirlpool, where she worked for 10 years, the most recent of which was Vice-President of operations in China. Previously, she held other international roles in different countries during her time at Rhodia and General Electric. Barbara Borra earned a Degree in Chemical Engineering from the Polytechnic University of Turin and a Master’s Degree in Business Administration from INSEAD.
Barbara Borra is currently a member of the Supervisory Board at Randstad, a listed Dutch company leader in HR services.
Goldfish Swim School Ranks No. 1 in Swimming Lessons Category in Entrepreneur’s Franchise 500®
Leading Swim School Solidifies Premier Standing, Builds Momentum for Remarkable Growth Year in 2022
TROY, Mich. – Goldfish Swim School Franchising, LLC, the premier learn-to-swim franchise concept, was recognized as no. 1 in the swimming lessons category and no. 53 overall on Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. This marks the brand’s fifth consecutive year earning the no. 1 spot in the category and sixth consecutive year on the prestigious list overall. The 43rd annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Goldfish Swim School solidifies its premier standing for its tremendous performance in areas including unit growth, financial strength and stability, and brand power.
2021 proved to be a remarkable year for the brand, awarding 26 schools alongside 13 new school openings. The leading swim school kicked off 2022 with its 125th school opening and is achieving high performance marks, now exceeding its pre-COVID enrollment numbers – teaching more than 150,000 children each week how to be safer in and around the water.
To build off this successful momentum, Goldfish Swim School has set an aggressive expansion goal to open 17 schools in 2022 as it continues to seek franchise partners throughout the United States and Canada. Goldfish Swim School’s proven performance coupled with its exceptional leadership team and world-class franchise office support has resulted in eager and sophisticated entrepreneurs flocking to the franchise opportunity.
“We are excited to embark on our next chapter of growth in 2022, and this ranking is a strong validation of the growth and success we’ve achieved and where we are headed,” said Chris McCuiston, CEO & Co-Founder of Goldfish Swim School. “On behalf of the entire network and team, we’re grateful to be recognized as a stand-out brand. Between our devoted existing franchisees expanding their portfolios and adding new entrepreneurial-minded individuals to our system, we’re confident for the year ahead. By prioritizing results, support and innovation, we’re ready for this next era of growth as we expand our North American footprint.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever,” says Entrepreneur Editor in Chief Jason Feifer. “The companies named to this year’s list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship.”
Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Goldfish Swim School’s position on the ranking is a testament to its strength as a franchise opportunity.
Consistently outranking its competition, Goldfish Swim School continues to prove itself as a top-rated and most established swim school franchise in the space. Riding this wave of success, Goldfish is looking to bring on qualified and engaged individuals seeking single and multi-unit opportunities who are involved with their community, have a passion for water safety and are hungry to dive into the world of franchising. Today, with 125-plus locations open and more than 130 in development, the brand is on track for strategic franchise expansion across North America – with the most opportunities available in California and the southern region of the United States.
Goldfish Swim School provides swim lessons and water safety instruction to infants and children ages four months to 12 years, teaching children how to be safer in and around the water. Each school offers swim lessons and programs using a proprietary philosophy, The Science of SwimPlay®, to build life skills both in and out of the water using play-based learning in a fun and safe environment. Each school’s number one focus and main priority is always the same – educating children on water safety while teaching them how to swim and respect the water.
For more information on Goldfish Swim School and its franchise opportunity, please visit https://www.goldfishswimschool.com/franchise-opportunities/ or call 248-801-1850.
To view Goldfish Swim Schoolin the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2022 issue of Entrepreneur.
About Goldfish Swim School
Founded by husband-and-wife team Chris and Jenny McCuiston, Goldfish Swim School provides swim lessons and water safety instruction to infants and children ages four months to 12 years. Classes are offered by specially trained instructors in a safe, child-friendly and fun environment using their research-based philosophy called The Science of SwimPlay®. Headquartered in Troy, Michigan, Goldfish Swim School was established in Birmingham, Michigan in 2006, and opened its first franchise location in 2009. Recently, the brand was recognized by Entrepreneur in its Franchise 500® ranking, Franchise Times’ Fast & Serious List, and Inc. Magazine’s Top 5000. Goldfish Swim School is currently in the process of expanding franchise opportunities throughout North America, with more than 125 schools open, and an additional 130+ in development in more than 30 states and Canada.
HAYWARD ADDS DEREK SPEARMAN IN NEW VP OF US MANUFACTURING POSITION
Hair Entanglement in Pools, Are Current Standards Adequate?
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