Business
Pool Corporation Announces Leadership Transition
John B. Watwood appointed as President and CEO Peter D. Arvan to step down as President, CEO and DirectorJohn E. Stokely appointed as Executive Chair COVINGTON, La., May 04, 2026 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) (the “Company” or “POOLCORP”) announced today that its Board of Directors has appointed John B. Watwood as President and Chief Executive Officer, effective May 4, 2026. Peter D. Arvan will step down as President and Chief Executive Officer and as a member of the Compan
About this update from Pool Corporation
John B. Watwood appointed as President and CEO Peter D. Arvan to step down as President, CEO and DirectorJohn E. Stokely appointed as Executive Chair COVINGTON, La., May 04, 2026 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) (the “Company” or “POOLCORP”) announced today that its Board of Directors has appointed John B. Watwood as President and Chief Executive Officer, effective May 4, 2026. Peter D. Arvan will step down as President and Chief Executive Officer and as a member of the Company’s Board of Directors (the “Board”) on the same date. John E. Stokely, Chair of the Board, has also been appointed as Executive Chair. Mr. Watwood is a seasoned operational leader with more than two decades of experience in industrial and specialty distribution, bringing strategic, operational, and sales expertise to POOLCORP. He joined the Company as Executive Vice President in January 2026. Prior to his transition to POOLCORP, Mr. Watwood most recently served as Senior Vice President of Sales and Operations at Motion Industries, a subsidiary of publicly traded Genuine Parts Company (NYSE: GPC), and a leading distributor of industrial parts and value-added solutions, where he led growth and operational performance and strengthened customer relationships across the business. Earlier in his career, he held positions at SMC Corporation of America and Applied Industrial Technologies. “As POOLCORP continues to execute its strategic priorities, the Board believes now is the right time for this leadership transition,” said Mr. Stokely. “Through our ongoing succession planning, the Board determined that Mr. Watwood has the right set of leadership, operational, and strategic skills and experience to lead the Company into its next phase of growth. During his tenure at POOLCORP, John quickly earned the respect of the entire organization and the Board. I am pleased to announce his appointment and look forward to continuing to work closely with him to ensure that POOLCORP delivers on our mission.” Mr. Stokely continued, “On behalf of the Board, I want to thank Pete for his tireless efforts over the last nine years, and we wish him continued success. Through a steadfast commitment to innovation and operational excellence, strengthened during Pete’s tenure, the Company is well positioned for long-term value creation.” Mr. Watwood said, “I am honored to have the opportunity...