Hayward Industries Inc. announced Tuesday it has a new CEO and president, effective immediately.
The Elizabeth-based manufacturer and marketer of residential and commercial pool equipment said Kevin P. Holleran has been named CEO and president, succeeding Clark Hale, who is leaving after a seven-year tenure with the company.
Hollaran will also be joining Hayward’s board of directors, it 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,” Mark McFadden, managing director at CCMP Capital and board member of Hayward, said.
Holleran, who has nearly 30 years of experience in commercial and management roles across a number of industrial-focused end markets, most recently served as CEO and president of the industrial segment within Textron. Prior to 2016, he was CEO and president of Textron Specialized Vehicles for nine years. Before that, he held a number of management roles in sales, marketing and product management at Ingersoll Rand and Terex Corp.
“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,” Kevin Brown, senior managing director at MSD Partners and board member of Hayward, said.
“Hayward is a global market leader with an exceptional brand and track record of innovation spanning many decades,” Holleran said. “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.”