Pool Corp 8-K, filed Jul 8, 2022
Pool Corp (POOL)
8-K
2022-07-08
For: 2022-07-08
View Original
Added on
April 07, 2026
About this 8-K
Pool Corp filed this 8-K on July 8, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 8, 2022 (July 5, 2022)
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Commission File Number: 0-26640
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
| (d) | On July 5, 2022, the Board of Directors of Pool Corporation (the Board) increased the size of the Board from nine to ten members and appointed Carlos A. Sabater to serve as a director upon recommendation of the Nominating and Corporate Governance Committee. The Board appointed him to serve effective July 5, 2022, until the 2023 annual meeting of shareholders, at which time he will stand for election by Pool Corporation's shareholders. Pursuant to the Board's standard compensation policy for non-employee directors, Mr. Sabater will receive a pro-rated non-employee director annual cash retainer. Mr. Sabater, 63, is a certified public accountant with nearly 40 years of leadership, accounting and financial expertise. He is a member of the Board of Directors of KBR, Inc., where he serves on the Audit Committee and Nominating and Corporate Governance Committee, and a member of the Board of Directors of PDC Energy, Inc., where he serves on the Audit Committee and Compensation Committee. Mr. Sabater retired as a senior global partner with Deloitte & Touche LLP (“Deloitte”) in 2020. During his tenure at Deloitte from 1984 to 2020, Mr. Sabater served in various senior leadership and operational roles, including CEO for both the United States and global audit practices. He received his B.B.A. from Florida International University. No family relationships exist between Mr. Sabater and any of the Company's other directors, executive officers or any other person that would require disclosure under Item 401(d) of Regulation S-K under the Securities Act of 1933 (“Regulation S-K”). The Company has not engaged in any transaction in which Mr. Sabater had a direct or indirect material interest within the meaning of Item 404(a) of Regulation S-K. | ||||
Item 9.01 Financial Statements and Exhibits.
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Press release issued by Pool Corporation on | |||||
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| POOL CORPORATION | ||||||||||||||
| By: | /s/ Melanie Housey Hart | |||||||||||||
| Melanie Housey Hart | ||||||||||||||
| Vice President and Chief Financial Officer | ||||||||||||||
Dated: July 8, 2022
POOL CORPORATION ANNOUNCES DIRECTOR APPOINTMENT
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COVINGTON, LA. (July 8, 2022) - Pool Corporation (Nasdaq/GSM:POOL) announced today that its Board of Directors (the Board) appointed Carlos A. Sabater to serve as a director upon recommendation of the Nominating and Corporate Governance Committee. The Board appointed him to serve effective July 5, 2022, until the 2023 annual meeting of shareholders, at which time he will stand for election by Pool Corporation's shareholders. Mr. Sabater, a certified public accountant, holds exceptional credentials and brings with him nearly 40 years of leadership, accounting and financial expertise. Mr. Sabater currently serves on the Board of Directors of KBR, Inc. and PDC Energy, Inc. He recently retired as a senior global partner with Deloitte & Touche LLP where he held various senior leadership and operational roles, including CEO for both the United States and global audit practices. With this appointment, the Board increased its size from nine to ten members.
John E. Stokely, Chairman of the Board, commented, “Carlos' tremendous business acumen, along with his extensive experience in advising global public companies, provides a valuable perspective to complement the skills and backgrounds of our board members. The appointment of Carlos to our Board reinforces our efforts to maintain a strong, diverse and independent Board with a continued mission to increase value for Pool Corporation shareholders.”
Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 415 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.
CONTACT:
Curtis J. Scheel
Director of Investor Relations
985.801.5341
curtis.scheel@poolcorp.com