Genmar not to replace Samuelson

MINNEAPOLIS, Minn. – Dean Samuelson will be leaving Genmar Holdings, Inc.’s Saltwater Fish Boat Group for personal reasons to return back to the Pacific Northwest region of the United States, the company reported in a statement yesterday.

As a result, each of its brands will be operated as a stand-alone businesses, Genmar explained.

Dean joined Wellcraft Corp. in 2001 serving initially as president and assumed the role as president of Genmar’s Saltwater Fish Boat Group in 2004.

“I know Dean’s leaving is a difficult decision for him, but was based on his personal objectives to be closer to his family,” commented Roger Cloutier, president and COO of Genmar. “The timing was mutually agreeable as two things are firmly in place, much in part due to Dean’s leadership; a strong management team to move the businesses forward and the completion of recent restructuring decisions which solidly position the businesses to operate more effectively and independently as individual business units.”

Genmar’s saltwater fish boat brands include Hydra-Sport Boats, which is managed by Chris Wainscott; Wellcraft and Scarab Boats, both of which are,managed by Mike O’Connell; and Seaswirl Boats which is under the leadership of Bob Chew.

‘There is no plan to replace Dean’s position,” Cloutier added. “We have in place the separate brand talent, clear brand product direction, an aggressive new product development plan and manufacturing experience for the individual brands’ various products to allow each of the business units to continue its growth and success.”

Genmar, with approximately 4,500 employees, eight manufacturing centers and 1,100 dealers, is the builder of 14 boat brands, which include Carver, Champion, Four Winns, Glastron, Hydra-Sports, Larson, Marquis, Ranger, Scarab, Seaswirl, Stratos, Triumph, Wellcraft and Windsor Craft.

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