LAKE FOREST, Ill. Dec. 4, 2014 – Brunswick Corporation announced that it elected Mark D. Schwabero, Brunswick’s president and chief operating officer, to its board of directors.
“This appointment reflects the Company’s continued focus on long-term planning,” explained Brunswick’s Chairman and Chief Executive Officer Dusty McCoy, who is expected to retire in 2016. “It further facilitates the Company’s long-term succession process, which has been underway for some time as our board pursues a succession plan providing both continuity and confidence that we have strong leadership in place to move forward.
“Earlier this year Mark stepped into the role of president and chief operating officer, actively managing Brunswick’s various business segments and helping to develop our strategic plans,” McCoy continued. “Mark will contribute his valuable talent and insight to our board of directors, and work closely with his fellow directors continuing to identify new opportunities for growth.”
Schwabero joined Mercury Marine in 2004 as the president of the engine maker’s Outboard Business Unit, where he led the development, manufacturing and sales of the company’s global outboard marine business. He became president of Mercury Marine in 2008.
Schwabero holds both Bachelor of Science and Master of Science degrees in industrial and systems engineering from The Ohio State University, where he was recognized with the University’s Distinguished Alumnus Award in 1991 and a Meritorious Service Award in 2008.
He serves on the Board of Directors of 1st Source Corporation and is past chairman of the National Marine Manufacturers Association.