Former CEO Scott Rajeski was paid $1,844,715 in fiscal year 2025, ↓ down 20.1% from fiscal year 2024, the 13th percentile of its disclosed peer group (SEC filing 0001140361-26-010486 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$1,844,715 ↓ Scott Rajeski total, FY2025 | 13th CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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SWIM's next annual pay disclosure, estimated March 19, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Scott Rajeski | $500,000 | $0 | $896,503 | $0 | $438,000 | $0 | $10,212 | $1,844,715 |
| Former President and Chief Executive Officer | ||||||||
| Oliver Gloe | 435,000 | 0 | 467,977 | 0 | 228,636 | 0 | 10,500 | 1,142,113 |
| Chief Financial Officer | ||||||||
| Sanjeev Bahl | 385,000 | 0 | 414,189 | 0 | 202,356 | 0 | 2,655 | 1,004,200 |
| Chief Operating Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Scott Rajeski | $1,844,715 | $2,307,452 | — | ↓ −462,737 |
| Oliver Gloe | 1,142,113 | 1,438,773 | — | ↓ −296,660 |
| Sanjeev Bahl | 1,004,200 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Each company listed discloses SWIM in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SWIM in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Oliver Gloe | CFO | $1,142,113 |
| Sanjeev Bahl | COO | $1,004,200 |
| Scott Rajeski | CEO | $1,844,715 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Brian Pratt | Independent Director | — |
| DeLu Jackson | Independent Director | $169,999 |
| Frank J. Dellaquila | Independent Director | $169,999 |
| James E. Cline | Chair of the Board | $250,000 |
| Jeffrey T. Jackson | Independent Director | $11,712 |
| Mark P. Laven | Independent Director | $179,999 |
| Sean Gadd | Director | — |
| Suzan Morno-Wade | Independent Director | $184,999 |
| William M. Pruellage | Independent Director | — |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Oliver Gloe | RSU | 53,411 | — | $339,160 |
| Sanjeev Bahl | RSU | 106,332 | — | 675,208 |
| Sanjeev Bahl | Option | 51,810 | 3.24 | — |
| Oliver Gloe | RSU | 33,258 | — | 211,188 |
| Oliver Gloe | RSU | 15,083 | — | 95,777 |
| Scott Rajeski | RSU | 121,528 | — | 771,703 |
| Scott Rajeski | RSU | 102,320 | — | 649,732 |
| Oliver Gloe | RSU | 115,254 | — | 731,863 |
| Oliver Gloe | RSU | 10,433 | — | 66,250 |
| Sanjeev Bahl | RSU | 56,714 | — | 360,134 |
| Scott Rajeski | RSU | 221,524 | — | 1,406,677 |
| Scott Rajeski | RSU | 212,563 | — | 1,349,775 |
| Oliver Gloe | RSU | 120,052 | — | 762,330 |
| Scott Rajeski | Option | 43,071 | 15.69 | — |
| Sanjeev Bahl | RSU | 102,074 | — | 648,170 |
| Sanjeev Bahl | RSU | 47,272 | — | 300,177 |
| Scott Rajeski | RSU | 19,986 | — | 126,911 |
| Oliver Gloe | Option | 29,440 | 2.21 | — |
| Sanjeev Bahl | RSU | 9,234 | — | 58,636 |
| Scott Rajeski | Option | 111,020 | 3.24 | — |
The Company's compensation program is designed to attract and retain qualified executives and align their interests with those of stockholders by providing competitive compensation that rewards performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pearl Meyer |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| James E. ClineIndependent · Board Chair · Audit Committee · Compensation Committee | $125,000 | $125,000 | — | — | — | $250,000 |
| Suzan Morno-WadeIndependent · Compensation (Chair) | 90,000 | 94,999 | — | — | — | 184,999 |
| Mark P. LavenIndependent · Nominating and Corporate Governance Committee (Chair) | 85,000 | 94,999 | — | — | — | 179,999 |
| Frank J. DellaquilaIndependent · Audit Committee (Chair) | 75,000 | 94,999 | — | — | — | 169,999 |
| DeLu JacksonIndependent · Nominating and Corporate Governance Committee | 75,000 | 94,999 | — | — | — | 169,999 |
| Jeffrey T. JacksonIndependent · Audit Committee · Newly elected | 11,712 | 0 | — | — | — | 11,712 |
| Brian PrattIndependent · Nominating and Corporate Governance Committee | 0 | 0 | — | — | — | 0 |
| Sean GaddEmployee director | — | — | — | — | — | 0 |
| William M. PruellageIndependent · Compensation Committee | 0 | 0 | — | — | — | 0 |
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $95,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | $3 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $461,712 |
| Equity awards (grant-date value) | $504,996 |
| All other compensation | $0 |
| Total cost of the board | $966,708 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Latham Group names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Latham Group.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Hayward Holdings, Inc. | 2025 | Kevin Holleran | $975,962 | $4,113,204 | $0 | $1,325,000 | $6,736,782 |
| 2 | Trex Company, Inc. | 2025 | Bryan Fairbanks | 950,000 | 3,836,050 | 676,950 | 1,074,146 | 6,582,168 |
| 3 | Traeger, Inc | 2025 | Jeremy Andrus | 750,000 | 3,417,586 | 0 | 0 | 5,138,736 |
| 4 | AAON, Inc. | 2025 | Matthew Tobolski | 712,885 | 1,916,180 | 764,557 | 218,869 | 3,656,082 |
| 5 | Lifetime Brands, Inc. | 2025 | Robert Kay | 962,500 | 2,021,076 | — | 0 | 3,038,451 |
| 6 | Johnson Outdoors, Inc. | 2025 | Helen Johnson-Leipold | 924,419 | 1,150,000 | 0 | 458,315 | 2,767,128 |
| 7 | MasterCraft Boat Holdings, Inc. | 2025 | Bradley Nelson | 645,000 | 1,225,522 | 0 | 709,500 | 2,701,502 |
| 8 | Latham Group | 2025 | Scott Rajeski | 500,000 | 896,503 | 0 | 438,000 | 1,844,715 |
| 9 | Escalade, Incorporated | 2025 | Patrick Griffin | 234,044 | 82,690 | 0 | 162,185 | 488,161 |
| — | Marine Products Corporation | — | — | — | — | — | — | not in coverage universe |
| — | The AZEK Company Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Solo Brands, Inc. | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Latham Group | not disclosed | not disclosed | not disclosed | Pearl Meyer |
| AAON, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Escalade, Incorporated | not disclosed | RSU 100 | not disclosed | not disclosed |
| Hayward Holdings, Inc. | not disclosed | not disclosed | not disclosed | Pearl Meyer |
| Johnson Outdoors, Inc. | not disclosed | PRSU 100 | not disclosed | Pearl Meyer |
| Lifetime Brands, Inc. | not disclosed | RSU 50 · PSU 50 | not disclosed | Pearl Meyer |
| Marine Products Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| MasterCraft Boat Holdings, Inc. | not disclosed | RSA 50 · PSU 50 | not disclosed | WTW |
| Solo Brands, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| The AZEK Company Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Traeger, Inc | 85% of target% | not disclosed | Yes — Relative TSR | Meridian Compensation Partners |
| Trex Company, Inc. | not disclosed | not disclosed | not disclosed | Korn/Ferry International |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Scott Rajeski | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Summary Compensation Table for 2025 and” · page 53. As printed: 1,844,715. Filing ↗machine: r2 · c19 · span 947452–947461 |
| 2 | Section 01, Oliver Gloe | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Summary Compensation Table for 2025 and” · page 53. As printed: 1,142,113. Filing ↗machine: r4 · c19 · span 955439–955448 |
| 3 | Section 01, Sanjeev Bahl | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Summary Compensation Table for 2025 and” · page 53. As printed: 1,004,200. Filing ↗machine: r6 · c19 · span 962446–962455 |
| 4 | Section 08, James E. Cline | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 250,000. Filing ↗machine: span 590936–591131 |
| 5 | Section 08, Suzan Morno-Wade | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 184,999. Filing ↗machine: span 602825–603020 |
| 6 | Section 08, Mark P. Laven | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 179,999. Filing ↗machine: span 600458–600653 |
| 7 | Section 08, Frank J. Dellaquila | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 169,999. Filing ↗machine: span 593305–593500 |
| 8 | Section 08, DeLu Jackson | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 169,999. Filing ↗machine: span 595668–595863 |
| 9 | Section 08, Jeffrey T. Jackson | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 11,712. Filing ↗machine: span 596827–597047 |
| 10 | Section 08, Brian Pratt | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 08, Sean Gadd | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 12 | Section 08, William M. Pruellage | DEF 14A | 2026-03-20 | 0001140361-26-010486 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 13 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 14 | Section 09b board cost (computed) | Computed | — | — | Cash 461,712 + equity 504,996 + all other 0 = 966,708, summed across the director compensation table rows.machine: formula: Σ = 966,708 |
| 15 | Hayward Holdings, Inc., Section 10b CEO total | DEF 14A | 2026-04-02 | 0001834622-26-000026 | CEO total compensation as printed in Hayward Holdings, Inc.'s own proxy. As printed: 6,736,782. Filing ↗machine: r3 · c8 · span 1830962–1830971 |
| 16 | Trex Company, Inc., Section 10b CEO total | DEF 14A | 2026-03-16 | 0001193125-26-107273 | CEO total compensation as printed in Trex Company, Inc.'s own proxy. As printed: 6,582,168. Filing ↗machine: r5 · c18 · span 1753438–1753447 |
| 17 | Traeger, Inc, Section 10b CEO total | DEF 14A | 2026-04-27 | 0001628280-26-027524 | CEO total compensation as printed in Traeger, Inc's own proxy. As printed: 5,138,736. Filing ↗machine: r3 · c7 · span 990514–990523 |
| 18 | AAON, Inc., Section 10b CEO total | DEF 14A | 2026-04-01 | 0000824142-26-000011 | CEO total compensation as printed in AAON, Inc.'s own proxy. As printed: 3,656,082. Filing ↗machine: r2 · c8 · span 1240752–1240761 |
| 19 | Lifetime Brands, Inc., Section 10b CEO total | DEF 14A | 2026-04-24 | 0001193125-26-177145 | CEO total compensation as printed in Lifetime Brands, Inc.'s own proxy. As printed: 3,038,451. Filing ↗ |
| 20 | Johnson Outdoors, Inc., Section 10b CEO total | DEF 14A | 2026-01-09 | 0001140361-26-000787 | CEO total compensation as printed in Johnson Outdoors, Inc.'s own proxy. As printed: 2,767,128. Filing ↗machine: r2 · c22 · span 251468–251478 |
| 21 | MasterCraft Boat Holdings, Inc., Section 10b CEO total | DEF 14A | 2025-09-15 | 0001193125-25-202806 | CEO total compensation as printed in MasterCraft Boat Holdings, Inc.'s own proxy. As printed: 2,701,502. Filing ↗machine: r3 · c17 · span 1043591–1043600 |
| 22 | Latham Group (subject), Section 10b CEO total | DEF 14A | 2026-03-20 | 0001140361-26-010486 | CEO total compensation as printed in Latham Group's own proxy. As printed: 1,844,715. Filing ↗machine: r2 · c19 · span 947452–947461 |
| 23 | Escalade, Incorporated, Section 10b CEO total | DEF 14A | 2026-03-27 | 0001437749-26-009992 | CEO total compensation as printed in Escalade, Incorporated's own proxy. As printed: 488,161. Filing ↗ |
| 24 | Section 10a, MasterCraft Boat Holdings, Inc. reciprocity | DEF 14A | — | 0001193125-25-202806 | MasterCraft Boat Holdings, Inc. names Latham Group in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 25 | Section 10a, Lifetime Brands, Inc. reciprocity | DEF 14A | — | 0001193125-26-177145 | Lifetime Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include Latham Group. Filing ↗ |
| 26 | Section 10a, Trex Company, Inc. reciprocity | DEF 14A | — | 0001193125-26-107273 | Trex Company, Inc.'s most recent proxy was read; its disclosed peer group does not include Latham Group. Filing ↗ |
| 27 | Section 10a, AAON, Inc. reciprocity | DEF 14A | — | 0000824142-26-000011 | AAON, Inc.'s most recent proxy was read; its disclosed peer group does not include Latham Group. Filing ↗ |
| 28 | Section 10a, Johnson Outdoors, Inc. reciprocity | DEF 14A | — | 0001140361-26-000787 | Johnson Outdoors, Inc.'s most recent proxy was read; its disclosed peer group does not include Latham Group. Filing ↗ |
| 29 | Section 10a, Hayward Holdings, Inc. reciprocity | DEF 14A | — | 0001834622-26-000026 | Hayward Holdings, Inc. names Latham Group in its own disclosed peer group (read from its most recent proxy). Filing ↗ |