Leslie's Inc. Appoints New Directors, Updates Executive Contracts
Ticker: LESL · Form: 8-K · Filed: Jun 20, 2024 · CIK: 1821806
| Field | Detail |
|---|---|
| Company | Leslie'S, INC. (LESL) |
| Form Type | 8-K |
| Filed Date | Jun 20, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
Related Tickers: LESL
TL;DR
Leslie's board shake-up: new directors Batten & Zalesin in, new exec contracts signed.
AI Summary
Leslie's, Inc. announced on June 18, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Michael E. Batten and Steven R. Zalesin, to its Board of Directors. Additionally, the company entered into new employment agreements with its Chief Executive Officer, Michael E. Batten, and Chief Financial Officer, Steven R. Zalesin, effective June 18, 2024.
Why It Matters
The appointment of new directors and updated executive contracts can signal strategic shifts or confidence in leadership, potentially impacting the company's future direction and investor sentiment.
Risk Assessment
Risk Level: medium — Changes in board composition and executive contracts can indicate internal shifts that may carry associated risks or opportunities for the company.
Key Players & Entities
- Leslie's, Inc. (company) — Registrant
- Michael E. Batten (person) — Elected Director and CEO
- Steven R. Zalesin (person) — Elected Director and CFO
- June 18, 2024 (date) — Effective date of board changes and new employment agreements
FAQ
Who were the new directors elected to Leslie's, Inc. Board of Directors?
Michael E. Batten and Steven R. Zalesin were elected to the Board of Directors of Leslie's, Inc.
What is the effective date of the new board appointments and executive agreements?
The new board appointments and employment agreements are effective as of June 18, 2024.
What positions do Michael E. Batten and Steven R. Zalesin hold in addition to being directors?
Michael E. Batten is the Chief Executive Officer and Steven R. Zalesin is the Chief Financial Officer.
What type of agreements were entered into with the CEO and CFO?
Leslie's, Inc. entered into new employment agreements with its Chief Executive Officer and Chief Financial Officer.
What is the principal executive office address for Leslie's, Inc.?
The principal executive office address for Leslie's, Inc. is 2005 East Indian School Road, Phoenix, Arizona 85016.
Filing Stats: 765 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-06-20 16:33:51
Key Financial Figures
- $0.001 — ch registered Common stock, par value $0.001 per share LESL The Nasdaq Global Se
Filing Documents
- lesl-20240618.htm (8-K) — 42KB
- lesl-ex99.htm (EX-99) — 10KB
- img106755425_0.jpg (GRAPHIC) — 24KB
- 0000950170-24-075639.txt ( ) — 193KB
- lesl-20240618.xsd (EX-101.SCH) — 23KB
- lesl-20240618_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of Leslie's Inc., dated June 20, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. LESLIE'S, INC. Date: June 20, 2024 By: /s/ Scott Bowman Name: Title: Scott Bowman Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)