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Peter D. Arvan

President and Chief Executive Officer at POOL
Since January 2019
Age
58 years
Education
Graduated cum laude from the State University of New York at Utica with a Bachelor of Professional Studies in Business Administration.
Tenure
Joined Pool Corporation in January 2017 as Executive Vice President, served as Chief Operating Officer from August 2017 to January 2019, and was promoted to President and Chief Executive Officer in January 2019.

Also at POOL

I"KM
Ilya "Ike" K. Mihaly
Vice President of Operations and Supply Chain
JMN
Jennifer M. Neil
Senior Vice President, Chief Legal Officer, and Corporate Secretary
KGSR
Kenneth G. St. Romain
Senior Vice President

About

Peter D. Arvan has extensive leadership experience at Pool Corporation, where he began his journey in January 2017 as Executive Vice President. He advanced quickly, taking on the role of Chief Operating Officer in August 2017 before being promoted to President and Chief Executive Officer in January 2019.

Before his tenure at Pool Corporation, he held significant positions at other organizations, including serving as Chief Executive Officer of Roofing Supply Group from 2013 to 2015 and as President of GE/SABIC Polymershapes from 2004 to 2013. These roles provided him with invaluable experience in management, strategic planning, and operations.

His educational background, which includes graduating cum laude with a Bachelor of Professional Studies in Business Administration from the State University of New York at Utica, underpins his strong foundation in business and leadership. This academic achievement, combined with his comprehensive industry experience, has been pivotal in driving strategic initiatives and financial growth at Pool Corporation.

$POOL Performance Under Peter D. Arvan

Past Roles

OrganizationRoleDate RangeDetails
Pool CorporationChief Operating OfficerAugust 2017 – January 2019 Held prior to promotion to CEO
Pool CorporationExecutive Vice PresidentJanuary 2017 – January 2019 Held prior to promotion to CEO
Roofing Supply GroupChief Executive Officer2013 – 2015 N/A
GE/SABIC PolymershapesPresident2004 – 2013 N/A

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$800,000 2023 Fixed annual base salary
All Other Compensation$74,373 2023 Includes Company Matching Contributions: $41,385 , Vehicle: $17,326 , and Other: $15,662

Performance Compensation

Data from  FY 2023

Annual Cash Incentive (Annual Bonus)

MetricWeightThresholdTargetMaximumActual ResultPayout
Consolidated Operating Income70.0% $850.0 million $950.0 million $1,050.0 million $746.6 million (0% payout)$0
Operating Cash Flows15.0% 80% of net income 90% of net income 100% of net income 134.4% of net income (200% payout)$240,000
Other Specific Business Objectives15.0% N/AN/AN/AAchieved at 133% of target $160,000
Total Bonus100% N/AN/AN/A55% of target $440,000

Long-Term Equity Awards

PS-1 Awards

MetricDetail
Grant DateFebruary 22, 2023
Grant Date Fair Value$3,000,304
Award TypePerformance-based restricted stock awards
Award Shares8,388 shares
Vesting Schedule50% vest after 3 years and 50% vest after 5 years

PS-2 Awards

MetricDetail
Grant DateFebruary 22, 2023
Grant Date Fair Value$500,051
Award TypeEquity performance awards
Performance MetricThree-year CAGR of diluted EPS
Threshold5% CAGR (50% of target)
Target10% CAGR (100% of target)
Maximum20% CAGR (200% of target)
Award Shares (in units)Threshold: 699 shares, Target: 1,398 shares, Maximum: 2,796 shares
Vesting ScheduleCliff vesting after 3 years

*Note: The evaluation periods for the performance awards are based on annual metrics for the cash incentive and a three-year period for the equity awards. No grant date stock price details are provided in the documents. *