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On July 20, 2026, Pool Safe Inc. (TSXV:POOL) revealed that its founder and CEO, David Berger, resigned from both his executive role and the Board of Directors effective July 17, 2026. David Deacon, the current Executive Chairman, has been appointed Interim CEO. The Toronto-based company, known for its LounGenie poolside attendant devices, confirmed Berger will continue to assist the company in a consulting role during the transition period.
Key Points
- Following founder David Berger's resignation on July 17, 2026, Pool Safe Inc. (TSXV:POOL) named David Deacon as Interim CEO
- Berger will support the company as a consultant, focusing on customer relationships and company growth
- David Deacon retains his Executive Chairman position while serving as Interim CEO
- Pool Safe develops and markets LounGenie, a multipurpose poolside attendant device for hotels, resorts, waterparks, and cruise ships
Founder David Berger Resigns After Ten Years Leading Pool Safe
Pool Safe Inc. announced that founder and CEO David Berger stepped down effective July 17, 2026, also resigning from the Board of Directors. This announcement was made public on July 20, 2026, through Newsfile Corp.
Berger’s decade-long leadership saw Pool Safe evolve from a startup into a commercial enterprise distributing innovative poolside technology solutions to the hospitality and leisure industries. His departure marks a significant shift in the company’s leadership and governance structure.
David Deacon Assumes Interim CEO Role While Remaining Executive Chairman
The Board appointed David Deacon as Interim CEO, who will continue his duties as Executive Chairman during this transitional phase. The company has not provided a timeline for appointing a permanent CEO or concluding the interim arrangement.
Deacon acknowledged Berger’s pivotal role, stating, "On behalf of the Board, I thank David for his dedication and foundational contributions over the past decade. Pool Safe’s current position is a testament to his leadership."
Berger to Provide Consulting Support Throughout Transition
Rather than a full exit, Berger agreed to serve as a consultant to assist with maintaining customer relationships and supporting company development during the leadership change. Specific details regarding the consulting scope, duration, and compensation were not disclosed.
The Board expressed confidence that Berger’s advisory role will help ensure operational continuity during the CEO transition, though no explicit consulting responsibilities or performance goals were outlined.
Pool Safe’s Core Offering: LounGenie Poolside Attendant Device
Pool Safe Inc. designs, develops, and distributes LounGenie, a multipurpose personal poolside attendant device marketed to hotels, resorts, waterparks, and cruise ships. The device enhances guest security for belongings while enabling vendors to boost food and beverage sales, accelerate service, and increase revenue.
LounGenie is positioned near pool or beach lounge chairs to provide convenience and security for vacationers. The company has not disclosed current customer numbers, revenue data, or market share information.
Focus on Sustaining Customer Relationships During Leadership Change
The Board emphasized that preserving existing customer relationships remains a top priority amid the CEO transition. Deacon highlighted the company’s commitment to supporting customers and advancing Pool Safe’s growth trajectory despite leadership changes.
Details regarding customer counts, contract renewals, or communications about the transition were not provided. Investors may watch for future updates on operational performance and customer retention metrics.
Board Composition and Governance Updates
With Berger’s departure, the Board’s composition has shifted. Deacon now holds dual roles as Executive Chairman and Interim CEO. The company did not disclose the current Board size, committee structures, or other governance changes.
The Board’s appointment of Deacon as Interim CEO reflects a deliberate decision-making process, though no information was shared on permanent CEO recruitment plans or succession strategies.
Forward-Looking Statements and Transition Risks
Pool Safe’s announcement includes forward-looking statements concerning the CEO transition, Berger’s consulting role, customer relationship maintenance, and company development. The company cautions that these statements involve risks and uncertainties, including potential delays or challenges in the transition and customer retention.
Additional risks stem from general economic and market conditions. Pool Safe advises readers not to place undue reliance on forward-looking information and disclaims any obligation to update such statements except as required by law.
Shareholder Impact and Future Outlook
The immediate effect on Pool Safe’s stock price (TSXV:POOL) was not clear from available data. Shareholders are advised to monitor upcoming quarterly results and operational updates to evaluate the leadership transition and Berger’s consulting contributions.
The company has not announced timelines for permanent CEO recruitment, strategic updates, or operational milestones. Investors should look for future regulatory filings and management communications for further insights.
About Pool Safe Inc. and Market Positioning
Based in Toronto, Pool Safe Inc. develops and sells LounGenie, a poolside technology device targeting hospitality and leisure markets. Its clientele includes major hotel chains, resorts, waterparks, and cruise lines aiming to improve guest security and operational efficiency.
The company’s business model focuses on enhancing guest peace of mind while enabling venues to increase ancillary revenue streams. Market size, competitive landscape, growth forecasts, and recent financial results were not disclosed in the announcement.
