Pool Corporation (NASDAQ/GSM:POOL) has announced the appointment of Kevin M. Murphy to its board of directors, increasing the board's size from eight to nine members. Murphy, the Chief Executive Officer of Ferguson PLC, brings with him a wealth of experience, having served in various leadership roles within the company since 1999. His tenure at Ferguson has been marked by a focus on transformation, leading to growth and profitability, as well as an emphasis on enhancing the customer experience through digital technology and e-commerce initiatives.
Pool Corporation, the world's largest wholesale distributor of swimming pool and related backyard products, operates approximately 440 sales centers across North America, Europe, and Australia. It distributes over 200,000 products to roughly 125,000 wholesale customers.
The addition of Murphy to the board reflects the company's commitment to leveraging expertise and innovation within the distribution sector. As the company looks ahead, it aims to continue providing exceptional value to its shareholders under Murphy's leadership. As a result of these announcements, the company's shares have moved 0.5% on the market, and are now trading at a price of $356.0. For more information, read the company's full 8-K submission here.
