Brunswick restructures executive team
LAKE FOREST, Ill. – Boating industry giant Brunswick Corp. (NYSE: BC) has created what it calls “a new, streamlined organizational structure” with an aim to advance the integration of its marine operations, it reported in a statement today.
Under the new structure, the company said that the heads of its boat divisions will report directly to Brunswick Chairman and Chief Executive Officer Dustan E. McCoy. In addition, Patrick C. Mackey, 60, has been named executive vice president of Brunswick Corp. and chief operating officer – marine. In this new position, Mackey will have functional responsibility for sourcing, logistics, strategic bill of materials, systems engineering, product platform development, and manufacturing excellence across the company’s marine operations. Mackey will continue to serve as president – Mercury Marine Group, the company stated.
As a result of this reorganization, Peter B. Hamilton, vice chairman of Brunswick Corp. and president – Brunswick Boat Group, will retire from the company at the end of the month. Hamilton has served Brunswick in a number of capacities during his 11 years at the company, including executive vice president and chief financial officer, president – Brunswick Bowling & Billiards and president – Life Fitness Division, before assuming his current role.
“In our effort to be the best, as well as the largest, marine company in the world, it is important for us to coordinate our efforts to have the best products sold through the best distribution network, the best cost position and a global presence across all of our marine operations. To achieve this goal in a more focused and timely fashion, we are forming a new organizational structure,” explained McCoy.
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