Artesian Spas, Marquis Hot Tubs and Nordic Hot Tubs announced Rick Gallagher is stepping down from his role as CEO of the platform of companies backed by Monomoy Capital Partners. The board of directors has already begun the search for a new CEO.
While the search is ongoing, Bob Rowan, a member of the board, has been named interim CEO, effective immediately. Rowan is a veteran of the industry, previously serving as CEO of Jacuzzi Group and CEO of UW Solutions.