Mark Schwabero named Mercury Marine president

LAKE FOREST, Ill. – Mark D. Schwabero, 55, has been named president of marine engine manufacturer Mercury Marine, its parent company Brunswick Corp. (NYSE: BC) reported in a statement late yesterday.

Schwabero most recently led the outboard business at the Brunswick unit, and in his new capacity, will continue to report to Dustan E. McCoy, Brunswick’s chairman and chief executive officer, according to the company.

“Since joining Mercury Marine in 2004, Mark has been an integral member of a management team that has secured Mercury’s position as the industry leader in technology, quality and operational excellence,” said McCoy.

Schwabero’s management team includes Kevin S. Grodzki and Stephen M. Cramer. The three of them had most recently been jointly leading Mercury.

“Mark, Kevin and Steve have each played key roles in shaping and executing the strategies and day-to-day conduct in elevating Mercury’s performance,” explained McCoy. “Going forward, we will continue to benefit from their combined and complementary expertise in advancing Mercury’s industry leadership position by fostering innovation, introducing new products to the marketplace, and further expanding its growing international presence.”

Schwabero joined Mercury in 2004 with 28 years experience as a senior executive in the automotive and commercial vehicle industries. During that time, he had leadership positions in such companies as Hendrickson International, Pilkington Libbey-Owens-Ford, Bosch Braking Systems North America, and Navistar International. Schwabero holds both a bachelor’s of science degree and master’s of science degree in industrial and systems engineering from Ohio State University, where he was recognized with the University’s Distinguished Alumnus Award in 1991 and a Meritorious Service Award in 2008.

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