Latham Group appointed Todd Antonelli as Chief Commercial Officer to enhance commercial strategy and drive growth initiatives.
Quiver AI Summary
Latham Group, Inc., the leading designer and manufacturer of in-ground residential swimming pools, announced the appointment of Todd Antonelli as its Chief Commercial Officer. With over 25 years of experience in commercial leadership, Antonelli has a proven track record in driving growth and optimizing sales channels at major building products companies. His previous roles include serving as Chief Revenue Officer at Cabinetworks Group and Senior Vice President at Marvin Windows & Doors, where he significantly increased revenue and enhanced sales strategies. In his new role, Antonelli will lead Latham’s commercial strategy, focusing on building customer relationships and positioning the company for growth in line with its strategic objectives. Latham's CEO, Sean Gadd, expressed confidence in Antonelli’s ability to contribute to the company's growth and enhance value for its stakeholders.
Potential Positives
- Appointment of Todd Antonelli as Chief Commercial Officer highlights a strategic move to enhance commercial leadership with over 25 years of experience in driving profitable growth.
- His proven track record in optimizing sales channels and leading commercial transformations positions Latham Group for potential accelerated growth in existing and new markets.
- Todd's previous success in nearly tripling revenue growth during his tenure at Marvin Windows & Doors demonstrates his capability to implement effective sales strategies, which could benefit Latham's core business.
- The focus on building a world-class commercial organization aligns with Latham's four growth strategy pillars, indicating a clear vision for future expansion and value creation.
Potential Negatives
- Appointment of Todd Antonelli as Chief Commercial Officer indicates a potential shift in company strategy, which may create uncertainty among employees and stakeholders regarding future direction.
- Emphasis on "accelerating conversion from concrete to fiberglass" suggests the company may be facing challenges in their existing product lines, prompting a need for strategic changes.
- Focus on building a "world-class commercial organization" may imply that the current commercial structure is not meeting performance expectations, necessitating major adjustments.
FAQ
Who is the new Chief Commercial Officer at Latham Group?
Todd Antonelli has been appointed as the Chief Commercial Officer of Latham Group.
What experience does Todd Antonelli bring to Latham Group?
He brings over 25 years of commercial leadership experience from leading building products organizations.
What will Todd Antonelli oversee at Latham Group?
He will oversee Latham's commercial strategy and sales organization, focusing on strengthening customer relationships and sales execution.
What are the growth strategies mentioned in the announcement?
Strategies include growing the core business, converting concrete to fiberglass, advancing the autocover business, and pursuing acquisitions.
Where is Latham Group headquartered?
Latham Group, Inc. is headquartered in Latham, NY.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SWIM Insider Trading Activity
$SWIM insiders have traded $SWIM stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SWIM stock by insiders over the last 6 months:
- JAMES E CLINE purchased 50,000 shares for an estimated $242,000
- OLIVER C. GLOE (CHIEF FINANCIAL OFFICER) purchased 15,050 shares for an estimated $73,745
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SWIM Revenue
$SWIM had revenues of $197.5M in Q2 2026. This is an increase of 14.39% from the same period in the prior year.
You can track SWIM financials on Quiver Quantitative's SWIM stock page.
You can access data on SWIM stock through the Quiver Quantitative API.
$SWIM Hedge Fund Activity
We have seen 78 institutional investors add shares of $SWIM stock to their portfolio, and 85 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 2,201,843 shares (+24.0%) to their portfolio in Q2 2026, for an estimated $14,245,924
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 2,045,782 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,985,849
- EMERALD ADVISERS, LLC removed 923,213 shares (-91.7%) from their portfolio in Q2 2026, for an estimated $5,973,188
- POLAR ASSET MANAGEMENT PARTNERS INC. added 558,700 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,614,789
- ACK ASSET MANAGEMENT LLC added 500,000 shares (+9.7%) to their portfolio in Q2 2026, for an estimated $3,235,000
- CITADEL ADVISORS LLC added 475,201 shares (+57.4%) to their portfolio in Q2 2026, for an estimated $3,074,550
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 431,239 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,790,116
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SWIM Price Targets
Multiple analysts have issued price targets for $SWIM recently. We have seen 3 analysts offer price targets for $SWIM in the last 6 months, with a median target of $7.0.
Here are some recent targets:
- Rafe Jadrosich from B of A Securities set a target price of $6.0 on 04/20/2026
- Matthew Bouley from Barclays set a target price of $7.0 on 04/08/2026
- W. Andrew Carter from Stifel set a target price of $9.5 on 03/04/2026
Full Release
LATHAM, N.Y., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Latham Group, Inc. (Nasdaq: SWIM), the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, today announced the appointment of Todd Antonelli as Chief Commercial Officer.
Mr. Antonelli brings more than 25 years of commercial leadership experience across leading building products organizations, with a track record of driving profitable growth, optimizing sales channels, and leading commercial transformations.
In his role as Chief Commercial Officer, Mr. Antonelli will oversee Latham’s commercial strategy and sales organization, with a focus on strengthening customer relationships, optimizing go-to-market execution, and positioning the Company for continued growth in established markets and accelerated growth in line with our Sand State strategy.
Mr. Antonelli most recently served as Chief Revenue Officer of Cabinetworks Group, the largest privately held cabinet manufacturer in the United States. He led a broad commercial transformation across retail sales, dealer and distributor channels, customer service, and sales operations, strengthening go-to-market execution and building infrastructure to support scalable growth.
Previously, Mr. Antonelli spent nearly a decade with Marvin Windows & Doors, a leading manufacturer of premium windows and doors, most recently serving as Senior Vice President, Sales, and a member of the executive leadership team. During his tenure, he helped nearly triple revenue growth in five years while advancing sales strategy and optimizing distribution channels.
“I am pleased to welcome Todd to Latham,” said Sean Gadd, President and Chief Executive Officer of Latham. “As we enter our next phase of growth, we are focused on building a world-class commercial organization to advance the four pillars of our growth strategy: growing our core business, accelerating conversion from concrete to fiberglass, advancing our autocover business, and pursuing accretive acquisitions. Todd’s deep commercial leadership experience and proven track record of driving profitable growth make him an outstanding addition to our leadership team. I look forward to his contributions as we continue creating value for our customers, dealers, partners, and shareholders.”
Mr. Antonelli holds a Master of Business Administration from California Lutheran University and a Bachelor of Arts from California State University, Chico.
About Latham Group, Inc.
Latham Group, Inc., headquartered in Latham, NY, is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. Latham has a coast-to-coast operations platform consisting of approximately 1,900 employees on average across around 40 locations.
Contact:
Lynn Morgen
Casey Kotary
ADVIS
IR
Y Partners
[email protected]
212-750-5800
