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LESLIE'S POOLMART ANNOUNCES ORGANIZATIONAL CHANGES

 CHATSWORTH, Calif., Feb. 11 /PRNewswire/ -- Leslie's Poolmart (NASDAQ: LESL) today announced two changes in the structure of its senior management team. Sylvan Wachs will retire from the position of executive vice president, retail operations, while Charles Vasquez has been promoted to vice president, purchasing.
 Wachs, age 56, will continue his association with Leslie's under the terms of a consulting agreement and non-competition agreement, effective Feb. 19, 1993. During nearly 20 years of affiliation with the company, he was instrumental in developing a disciplined and professional store operations structure. His reduced involvement will allow him more time to pursue personal interests.
 Vasquez, age 34, has worked for Leslie's for 17 years. During that span, he has held positions of increasing responsibility, including store management, director of distribution, and most recently, director of purchasing and distribution. As vice president, purchasing, he becomes a corporate officer.
 Brian McDermott, president and chief executive officer of Leslie's, commented, "These changes represent the kind of organizational development that is inevitable in a rapidly growing retail business. We appreciate the terrific contributions made by Syl Wachs during his tenure, including the development of personnel capable of succeeding him. Charlie's advancement reflects an ever- growing contribution to the company and our belief in his potential for even greater impact in the future. Over the past four years, he has been instrumental in achieving significant improvements in vendor relations and purchasing terms, while upgrading our purchase order system. Both Syl's reduced involvement and Charlie's increased responsibilities are consistent with our long-term growth plan."
 According to McDermott, Wach's responsibilities will be divided between Mark Lum, director of store operations, and Murray Dashe, who joined Leslie's as chief operating officer in August of 1992.
 Founded in 1963, Leslie's Poolmart is the country's leading specialty retailer of swimming pool supplies and related products. The company currently markets its products through 144 retail stores in 26 states and a nationwide mail-order catalog.
 -0- 2/11/93
 /CONTACT: Brian P. McDermott, president and CEO, or Hugh Pierce, CFO, of Leslie's Poolmart, 818-993-4212; or Eugene G. Heller of Silverman, Heller Associates, 310-208-2550, for Leslie's Poolmart/
 (LESL)


CO: Leslie's Poolmart ST: California IN: REA SU: PER

MS-JL -- LA027 -- 5792 02/11/93 14:49 EST
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Publication:PR Newswire
Date:Feb 11, 1993
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