CHARLOTTE, N.C. - Hayward Holdings, Inc. (NYSE: HAYW), a prominent player in the pool equipment and technology sector, announced today the appointment of Eric Sejourne as Senior Vice President and Chief Global Operations Officer. Sejourne takes on the role effective today, with a focus on enhancing the company's integrated operations activities worldwide.
Eric Sejourne steps into his new position following John Collins, who transitioned to Chief Commercial Officer in December 2023. Sejourne brings over three decades of experience in global operations and supply chain management, aiming to advance Hayward's long-term vision for its supply chain.
Kevin Holleran, President and CEO of Hayward, expressed confidence in Sejourne's ability to lead the company's operations, which he described as central to Hayward's success. Holleran highlighted the importance of maintaining competitive manufacturing and distribution capabilities, especially in the current economic climate marked by cost inflation and global supply chain challenges.
Sejourne joins Hayward from Assa Abloy (OTC:ASAZY), where he most recently acted as Chief Operations Officer for the Americas Division. His career also includes significant roles at Watts Water Technology and Ingersoll-Rand, where he honed his expertise in lean manufacturing, strategy development, and continuous improvement.
Holding a master's degree in manufacturing systems engineering and an MBA, Sejourne's educational background complements his extensive professional experience. Fluent (NASDAQ:FLNT) in French and with a substantial international work history, he is well-equipped to navigate the complexities of Hayward's global operations.
Hayward Holdings, known for its innovation and high-quality products, anticipates that Sejourne's leadership will further enhance its position in the market. This news is based on a press release statement issued by the company.
InvestingPro Insights
Amidst the executive shuffle at Hayward Holdings, Inc. (NYSE: HAYW), investors and industry observers are keeping a close eye on the company's financial health and market performance.
According to real-time data from InvestingPro, Hayward Holdings is currently navigating the market with a Market Cap of approximately $2.97 billion USD. The company's P/E Ratio stands at a high 36.02, reflecting a market expectation of growth or a premium on the company's earnings.
Looking at the company's financial strength, Hayward's liquid assets have been reported to exceed its short-term obligations, which could provide the new Chief Global Operations Officer, Eric Sejourne, with a stable financial platform to implement operational enhancements. Moreover, the company has experienced a strong return over the last three months, with a 16.22% price total return, signaling positive investor sentiment.
While the company does not pay dividends, which may be a consideration for income-focused investors, Hayward Holdings is predicted by analysts to be profitable this year. This is supported by a profitable performance over the last twelve months, indicating that despite recent revenue declines, the company has managed to maintain a degree of profitability.
Investors interested in a deeper dive into Hayward's performance and future prospects can explore additional insights with InvestingPro, where there are 6 more InvestingPro Tips available. These tips provide a comprehensive analysis that could prove invaluable for making informed investment decisions. To access these tips and more, visit https://www.investing.com/pro/HAYW and use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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