TAMPA, Fla. – Mark Schwabero, Chairman and CEO Brunswick Corp., has been named the 2018 Boating Industry Mover & Shaker of the Year. Boating Industry Editor-in-Chief Tim Hennagir presented Schwabero with the award during the IBEX Industry Breakfast Tuesday morning at the Tampa Waterside Marriott Hotel. “The 8th annual Movers & Shakers Awards recognizes leaders who haven’t been afraid to take chances ...
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2018 Boating Industry Movers and Shakers
The 8th annual Movers & Shakers Awards recognize leaders who haven’t been afraid to take chances in rethinking the way they do business, while embracing the challenges facing the marine industry. These leaders are people whose initiative and drive shake up and better their companies and the entire industry. From product entrepreneurs to advocacy champions to leaders who continue to ...
Read More »NMMA President Thom Dammrich announces retirement, named 2018 Hall of Fame recipient
The National Marine Manufacturers Association (NMMA) announced today the recipient of the 2018 Hall of Fame Award is NMMA President Thom Dammrich. Dammrich, who has nearly 20 years at the helm of the NMMA, will be inducted into the NMMA Hall of Fame – the association’s most prestigious recognition – during the International BoatBuilders’ Exhibition & Conference (IBEX) annual Industry Breakfast Tuesday, Oct. 2. ...
Read More »Brunswick announces 2018 Q2 financial results
Brunswick Corp.’s has released its financial results for the second quarter of 2018. Consolidated net sales increased 3.6 percent versus second quarter 2017, and were up 4.3 percent for the combined marine business. Operating earnings decreased by 38 percent for the quarter, and were down 32 percent for the combined marine business. “During the first half of 2018, we launched ...
Read More »Brunswick to retain, reinvent Sea Ray brand
Brunswick Corp. today announced it has ended the sale process for its Sea Ray business, including the Meridian brand. Brunswick said it will retain and revitalize Sea Ray and leverage its premium brand to capitalize on growth opportunities in its sport boat and cruiser product categories. Brunswick also announced it will discontinue Sea Ray sport yacht and yacht models, resulting ...
Read More »Brunswick CEO outlines industry keys to long-term prosperity
Continued innovation and the ability to evolve with a changing world are the keys to long-term prosperity in the recreational boating industry, said Brunswick Chairman and CEO Mark Schwabero in his keynote address to kick off the 30th annual METS in Amsterdam. Speaking at the annual Tuesday morning pre-show Breakfast Briefing, Schwabero noted that changes in the way that consumers ...
Read More »Brunswick CEO, McCoy, announces retirement
Dustan “Dusty” McCoy, chairman and chief executive officer of Brunswick Corporation since 2005, announced his eventual retirement as part of a succession plan that follows the recent appointment of Mercury Marine president, Mark Schwabero, to the newly created position of president and chief operating officer of Brunswick. Announced during the B. Riley & Co. investor conference in Santa Monica, Calif., ...
Read More »Mercury’s Mark Schwabero named Brunswick President, COO
LAKE FOREST, Ill. — Brunswick Corp. announced Mark Schwabero, president of Mercury Marine, has been promoted to the newly created position of president and chief operating officer of Brunswick. In his new role, Schwabero will report to chairman and CEO Dusty McCoy. Schwabero, most recently president of Brunswick’s Mercury Marine engine segment, will be succeeded by John C. Pfeifer, who had ...
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