Latham Group (SWIM) executive compensation, 2026 proxy

Scott M. Rajeski, Former President and Chief Executive Officer, was paid $1.8M in 2025, down 20% from $2.3M the year before.

Filed
March 20, 2026
Annual meeting
April 30, 2026
Pay year
2025
Named executives
3
CEO total pay
$1.8M-20% vs prior year
CEO pay in equity
49%$896,503 in awards
2025 Net Sales
$545.9MNet sales increased by 7.4%
Adjusted EBITDA
$99.8MReflects full year profitability
Cash Balance
$71.0MAs of fiscal year-end
CEO Target Bonus
100%Percentage of base salary

How Rajeski was paid

$1.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary27%Stock awards49%Non-equity incentive24%All other compensation1%

Named executive officers

ExecutiveTotal
Scott M. RajeskiFormer President and Chief Executive Officer$1,844,715
Oliver C. GloeChief Financial Officer$1,142,113
Sanjeev BahlChief Operating Officer$1,004,200

What changed and why

  • $1.8MScott M. Rajeski total compensation decreased to $1,844,715 in 2025 from $2,307,452 in 2024.
  • $545.9MNet sales increased 7.4% year-over-year to $545.9 million for fiscal 2025.
  • $99.8MAdjusted EBITDA reached $99.8 million alongside gross margin expansion of 320 basis points.
  • Scott M. Rajeski announced his retirement effective January 4, 2026.
  • PSU program performance goals were revised to use three equally weighted annual performance periods.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.