Leslie’s, Inc. appoints Jeff White as CFO, succeeding Tony Iskander, effective October 5, 2025.
Quiver AI Summary
Leslie’s, Inc. announced the appointment of Jeff White as chief financial officer and treasurer, effective October 5, 2025, succeeding Tony Iskander, who is resigning for personal reasons. CEO Jason McDonell expressed enthusiasm for White's financial expertise and leadership, emphasizing his fit for enhancing operational efficiency and stakeholder communication as the company pursues strategic initiatives and long-term value creation. White, previously CFO at Sportsman’s Warehouse, brings extensive experience in finance, compliance, and investor relations, while Iskander will stay in an advisory role until January 3, 2026, to ensure a smooth transition.
Potential Positives
- Appointment of Jeff White as chief financial officer and treasurer signals strong leadership transition, promising financial stability and discipline.
- Mr. White's extensive experience in financial strategy and operational efficiency is expected to enhance Leslie’s finance organization and shareholder engagement.
- Continued advisory support from outgoing CFO Tony Iskander ensures a smooth transition and maintains continuity in the company’s strategic initiatives.
Potential Negatives
- The resignation of Tony Iskander, the interim CFO, indicates potential instability in the company's financial leadership just prior to the appointment of a new CFO.
- The press release emphasizes the company's focus on a management transition plan, which may highlight uncertainties in the company's operational effectiveness during this period.
- Forward-looking statements carry substantial risks and uncertainties that may lead to actual results differing materially from expectations, raising concerns for investors about the company's future performance.
FAQ
What leadership change is announced by Leslie’s, Inc.?
Leslie’s, Inc. appointed Jeff White as chief financial officer effective October 5, 2025, succeeding Tony Iskander.
Who is Jeff White and what is his background?
Jeff White has extensive experience in financial strategy and operational leadership, previously serving as CFO for Sportsman’s Warehouse.
What role will Tony Iskander play after stepping down?
Tony Iskander will remain in an advisory role until January 3, 2026, to support the transition.
Why is Jeff White considered a strong choice for CFO?
Jeff White's expertise in finance and operational efficiency positions him well to lead Leslie’s finance organization.
How does Leslie’s approach its operational strategy amidst leadership changes?
Leslie’s emphasizes accountability and transparent communication with shareholders while focusing on long-term value creation.
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.
$LESL Insider Trading Activity
$LESL insiders have traded $LESL stock on the open market 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LESL stock by insiders over the last 6 months:
- JOHN STRAIN purchased 150,000 shares for an estimated $118,500
- ANTHONY A ISKANDER (See Remarks) purchased 63,995 shares for an estimated $49,916
- SUSAN C OFARRELL purchased 31,500 shares for an estimated $25,200
- MAILE NAYLOR purchased 12,000 shares for an estimated $9,960
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LESL Hedge Fund Activity
We have seen 67 institutional investors add shares of $LESL stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CLARKSTON CAPITAL PARTNERS, LLC removed 9,154,440 shares (-39.5%) from their portfolio in Q2 2025, for an estimated $3,843,949
- BLACKROCK, INC. removed 8,707,135 shares (-66.5%) from their portfolio in Q2 2025, for an estimated $3,656,125
- AQR CAPITAL MANAGEMENT LLC added 3,140,264 shares (+250.4%) to their portfolio in Q2 2025, for an estimated $1,318,596
- ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 3,136,076 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $2,306,583
- STATE STREET CORP removed 2,776,663 shares (-75.7%) from their portfolio in Q2 2025, for an estimated $1,165,920
- ARIEL INVESTMENTS, LLC added 2,725,991 shares (+4.7%) to their portfolio in Q2 2025, for an estimated $1,144,643
- JPMORGAN CHASE & CO removed 2,331,996 shares (-91.5%) from their portfolio in Q2 2025, for an estimated $979,205
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LESL Price Targets
Multiple analysts have issued price targets for $LESL recently. We have seen 3 analysts offer price targets for $LESL in the last 6 months, with a median target of $1.0.
Here are some recent targets:
- Dana Telsey from Telsey Advisory Group set a target price of $0.35 on 08/22/2025
- David Bellinger from Mizuho set a target price of $1.0 on 07/03/2025
- Garik Shmois from Loop Capital set a target price of $1.0 on 05/09/2025
Full Release
PHOENIX, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Leslie’s, Inc. (NASDAQ: LESL), the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, today announced the board of directors has appointed Jeff White as chief financial officer and treasurer effective October 5, 2025. Mr. White succeeds Tony Iskander, who notified the company on August 15, 2025 of his resignation from his position as interim chief financial officer and treasurer effective October 4, 2025, due to personal reasons.
“We are thrilled to welcome Jeff to the Leslie’s leadership team,” said Jason McDonell, Leslie’s chief executive officer. “His breadth of experience in financial strategy, capital markets and delivering enhanced operational efficiency makes him the ideal leader to guide our finance organization forward. I am confident his proven ability to build high-performing finance organizations and leading investor engagement will support Leslie’s continued focus on disciplined execution, operational performance and transparent communication with all shareholders. Jeff’s expertise will help provide stability and financial discipline as we deliver against our strategic initiatives while remaining focused on long-term value creation for shareholders.”
Mr. White brings a proven track record of financial and operational leadership, including significant experience overseeing accounting, FP&A, compliance, investor relations, legal, real estate and treasury. Most recently, Mr. White served as chief financial officer for Sportsman’s Warehouse (NASDAQ: SPWH) where he led critical initiatives including rebuilding the FP&A and investor relations functions, leading the company's Investor Day activities, driving two successful credit facility renegotiations and funding a FILO term loan to augment the company’s liquidity. Mr. White also brings a strong background in SEC reporting, SOX compliance, M&A due diligence and operational process improvements. Prior to his tenure at Sportsman’s Warehouse, Mr. White was an audit manager at KPMG LLP where he spent six years in roles of increasing responsibility.
“We want to thank Tony for his many contributions to Leslie’s and our transformation initiatives,” said Mr. McDonell. “Tony is a trusted thought partner and has helped deliver meaningful progress across the organization while strengthening our finance and accounting capabilities. The board remains committed to strong governance and oversight through this transition, with a clear focus on accountability and transparency.”
To ensure a smooth transition and support the company’s ongoing strategic initiatives, Mr. Iskander will remain employed with the company in an advisory role through January 3, 2026.
About Leslie’s
Founded in 1963, Leslie’s is the largest and most trusted direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide. The company serves the aftermarket needs of residential and professional consumers with an extensive and largely exclusive assortment of essential pool and spa care products. The company operates an integrated ecosystem of over 1,000 physical locations and a robust digital platform, enabling consumers to engage with Leslie’s whenever, wherever, and however they prefer to shop. Its dedicated team of associates, pool and spa care experts, and experienced service technicians are passionate about empowering Leslie’s consumers with the knowledge, products, and solutions necessary to confidently maintain and enjoy their pools and spas.
Forward-Looking Statements
This press release contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical fact contained in this press release, including statements regarding our future results of operations or financial condition, business strategy, value proposition, dispositions, legal proceedings, competitive advantages, market size, growth opportunities, industry expectations, and plans and objectives of management for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the negative of these words or other similar terms or expressions. Our actual results or outcomes could differ materially from those indicated in these forward-looking statements for a variety of reasons, including, among others:
- our ability to execute on our growth strategies;
- our expectations regarding our cash resources and cash generation from normal operations;
- supply disruptions or increased costs, including as a result of trade policies;
- our ability to maintain favorable relationships with suppliers and manufacturers;
- competition from mass merchants and specialty retailers;
- impacts on our business from the sensitivity of our business to weather conditions, changes in the economy (including high interest rates, recession fears, inflationary pressures and changes in trade policies, including tariffs or other trade restrictions or the threat of such actions), geopolitical events or conflicts, and the housing market;
- disruptions in the operations of our distribution centers;
- our ability to implement technology initiatives that deliver the anticipated benefits, without disrupting our operations;
- our ability to execute on our management transition plans and to attract and retain senior management and other qualified personnel;
- regulatory changes and developments affecting our current and future products including evolving legal standards, regulations and stakeholder expectations concerning environmental, social and governance (“ESG”) matters;
- our ability to obtain additional capital to finance operations;
- commodity price inflation and deflation;
- impacts on our business from epidemics, pandemics, or natural disasters;
- impacts on our business from cyber incidents and other security threats or disruptions;
- our ability to regain and maintain compliance with Nasdaq listing standards;
- our ability to implement the proposed reverse stock split in a timely manner, if at all, and the anticipated effects of the proposed reverse stock split on the price of shares of our common stock;
- our ability to remediate material weaknesses or other deficiencies in our internal control over financial reporting or to maintain effective disclosure controls and procedures and internal control over financial reporting; and
- other risks and uncertainties, including those listed in the section titled “Risk Factors” in our filings with the United States Securities and Exchange Commission (“SEC”).
You should not rely on forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this press release primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, and operating results. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for the year ended September 28, 2024, in Part II, Item 1A, “Risk Factors” of our Quarterly Report on Form 10-Q for the quarter ended March 29, 2025 and in our other filings with the SEC. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release. The results, outcomes, events, and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results or outcomes could differ materially from those described in the forward-looking statements.
In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based on information available to us as of the date of this press release, and, while we believe that information provides a reasonable basis for these statements, that information may be limited or incomplete. Our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely on these statements.
The forward-looking statements made in this press release are based on events or circumstances as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information, changed expectations, the occurrence of unanticipated events or otherwise, except as required by law. We may not actually achieve the plans, intentions, outcomes, or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments.