Elizabeth-based Hayward Industries, Inc., a leading global manufacturer and marketer of residential and commercial pool equipment, announced Kevin P. Holleran has been named president & chief executive officer, effective immediately, succeeding Clark Hale, who departs after a successful seven-year tenure with the company. Holleran will also join Hayward’s board of directors.
Holleran has nearly 30 years of experience in commercial and management positions across a number of industrial focused end markets. Most recently, Holleran served as president & CEO of the $4 billion Industrial Segment within Textron. Textron’s Industrial Segment is comprised of Textron Specialized Vehicles, a leading global manufacturer of purpose-built vehicles and equipment for a variety of commercial and recreational applications across a number of brands (including E-Z-GO, Cushman, Arctic Cat, Textron Off-Road, TUG, Douglas, Premier, Safeaero, Jacobsen, Ransomes, and Dixie Chopper) as well as Kautex, which manufactures plastic fuel systems and other components for automobiles. Prior to 2016, Holleran was the president & CEO of Textron Specialized Vehicles for nine years, during which time he grew revenue and profitability substantially through both organic growth and acquisitions. Prior to his time at Textron, Holleran held a number of management positions at Ingersoll Rand and Terex Corporation across the sales, marketing, and product management functions. He holds an MBA from Wake Forest University and an undergraduate degree from Cornell University.
Hale, a seven-year veteran of Hayward, is departing Hayward to embark on the next stage of his career. Hayward has been strengthened by Hale’s contributions as he guided Hayward through a transition from a family-owned business to a private equity backed company. Additional noteworthy contributions include the strategic acquisitions and successful integration of Kripsol, Sugar Valley, Paramount Leisure Industries, and ConnectedYard.
Mark McFadden, managing director at CCMP Capital and board member of Hayward, said, “We are excited to welcome Kevin to the Hayward team and are confident he is the right person to lead the next phase of the company’s growth. We thank Clark Hale for his leadership in transitioning Hayward from family ownership and laying a strong foundation for growth.”
Kevin Brown, senior managing director at MSD Partners and board member of Hayward, said, “Kevin is a talented executive and an ideal fit to drive our strategic growth plan at Hayward given his combination of leadership abilities, commercial background, and proven track record growing multi-channel manufacturing businesses. We believe Kevin can hit the ground running on the execution of our key growth initiatives, and we are very pleased to have him leading the Hayward team.”
“Hayward is a global market leader with an exceptional brand and track record of innovation spanning many decades,” said Holleran. “I am thrilled to join this talented team and view this as a unique opportunity to help accelerate growth at an already very strong company.”
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