Tag Archives: David Foulkes

Brunswick reports slight sales dip for Q2 2020

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Brunswick Corporation (NYSE: BC) today reported results for the second quarter of 2020. For the second quarter of 2020, Brunswick reported consolidated net sales of $987.8 million, down from $1,163.5 million in 2019. Diluted EPS for the quarter was $0.89 on a GAAP basis and $0.99 on an as adjusted basis. The boat segment, which manufactures and distributes recreational boats, ...

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Brunswick names new CFO, Treasurer

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Brunswick Corporation announced that its Board of Directors has appointed Ryan M. Gwillim as senior vice president and chief financial officer, effective immediately. He succeeds William L. Metzger, Senior vice president and chief financial officer, who will retire from Brunswick effective July 10, 2020. “We are excited to promote Ryan to this position. His experience with the company in a variety of important leadership ...

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Brunswick reports dip in Q1 sales

Brunswick Corporation recently reported results for the first quarter of 2020. "As we report our first quarter earnings, we must first recognize the immense impact that the COVID-19 pandemic has had on our employees, business partners, and the communities in which we operate," said Brunswick Chief Executive Officer David Foulkes. "Brunswick and our employees have responded in many ways, including ...

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Brunswick businesses join fight against COVID-19

Brunswick Corporation and many of its businesses around the world are doing their part to help those on the front lines in the fight against COVID-19. The Brunswick Private Foundation recently made a $50,000 donation to the Red Cross and Brunswick employees around the world are making personal donations that will also be matched by the company. In addition, the ...

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Marine manufacturers take action against COVID-19

By Adam Quandt Throughout the ever-evolving novel coronavirus outbreak, many marine industry manufacturers are making the decision to temporarily halt production, in an effort to keep employees safe. Last week, Brunswick Corporation announced it was suspending production at certain of its propulsion and boat operations over the next few weeks in response to the impact of the coronavirus (COVID-19). A ...

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Brunswick Corporation thinks beyond the horizon with sustainability report

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Brunswick Corporation announced the publication of its first company-wide Sustainability Report. Themed “Thinking Beyond the Horizon”, the report is part of the Company’s broad commitment to continually advance the Environmental, Social and Governance (ESG) performance of its business and leverage its considerable resources and scale to address improvement opportunities important for the future of outdoor recreation and its stakeholders. “We ...

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Brunswick temporarily suspending production due to coronavirus

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Brunswick Corporation announced it will suspend production at certain of its propulsion and boat operations over the next few weeks in response to the impact of the coronavirus (COVID-19). A press release said this is being done in the best interest of the safety and health of employees as well as to better balance production levels with some projected near-term ...

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Brunswick reports Q4 and full-year 2019 financial results

Brunswick Corporation reported results for the fourth quarter and full-year of 2019. "Our 2019 performance demonstrated the strength and resilience of our marine-focused portfolio. We expanded gross and operating margins and delivered a tenth consecutive year of adjusted EPS growth, despite a weaker than anticipated marine market in the first half of the year," said Brunswick chief executive officer David ...

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Brunswick appoints VP of enterprise technologies

Brunswick Corporation announced the appointment of Dr. John F. Reid as its vice president -  enterprise technologies, effective Feb. 3, 2020.  Dr. Reid will be based in the Company’s Mettawa, Ill. headquarters and will report to Brunswick chief executive officer David M. Foulkes.  Dr. Reid brings to Brunswick over 30 years of highly accomplished technology leadership experience most recently serving ...

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Brunswick establishes Advanced Systems Group, appoints president

Brunswick Corporation announced the formation of its Advanced Systems Group and appointed Brett Dibkey president – Advanced Systems Group reporting to Brunswick CEO David Foulkes. The new structure will take effect on Jan. 1, 2020.   The Advanced Systems Group consists of the 11 Power Products brands from the acquisition completed in August of 2018, in addition to the Attwood Group of ...

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