Pool Corporation Stock Sinks as CEO Exit and Investor Day Delay Raise Fresh Doubts
Pool Corporation named John B. Watwood president and CEO, replacing Peter D. Arvan effective May 4. Shares dropped over 7% Tuesday after the leadership change and a postponed Investor Day, trading near $188.85. The company reaffirmed its 2026 earnings outlook. Watwood joined PoolCorp in January after a stint at Motion Industries.