BOCA RATON, Fla. — Liberty Associates has appointed John Walker as president and CEO of Fountain Powerboats, according to a recent release from Fountain.
Bill Gates, CEO of Liberty Associates, stated in the release, “Effective immediately, John E. Walker is appointed to the position of President and CEO of Fountain Powerboats. Mr. Walker’s career spans over 28 years in the boat manufacturing industry and Liberty is confident of his executive management abilities and his integrity to move Fountain forward with its strategic growth plan for the future. John has performed admirably as CEO of American Marine Holdings, steering the company through the very difficult times that the boat manufacturing industry has experienced recently.”
The management change was made effective in conjunction with the recent announcement that Reggie Fountain left the company, the release stated.
Gates added, “The entire team at Fountain Powerboats wishes Mr. Fountain the best of luck; and the Company would welcome him back at any time.”
Liberty Associates took over Fountain after it filed for Chapter 11 bankruptcy last year.
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