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Tag Archives: MasterCraft Boat Holdings Inc.

MasterCraft names new CEO

MasterCraft Boat Holdings, Inc., parent entity of MasterCraft, NauticStar and Crest, today announced that its board of directors has named current board chair and interim chief executive officer, Frederick A. Brightbill, as the company’s new permanent CEO, effective immediately. Brightbill assumed the role of Interim CEO following Terry McNew’s resignation in October 2019. Concurrently, Roch Lambert, CEO of Curt Group, an automotive product aftermarket ...

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MasterCraft posts 17.2% sales increase for Q1 FY20

MasterCraft Boat Holdings, Inc. announced financial results for its fiscal 2020 first quarter ended September 29, 2019. First Quarter Highlights: Net sales increased to $109.8 million, up 17.2 percent from $93.6 million in the prior-year period.GAAP net income was $8.6 million, up slightly from $8.5 million in the prior-year period.GAAP diluted earnings per share increased in the first quarter by $0.01, up 2.2 percent to $0.46, from the prior ...

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MasterCraft makes leadership transition following McNew departure

MasterCraft Boat Holdings, Inc., parent entity of MasterCraft, NauticStar and Crest, today announced that its Board of Directors has appointed current Board Chair, Frederick A. Brightbill, as interim chief executive officer, effective immediately. Brightbill’s appointment follows Terry McNew’s decision to step down as president, chief executive officer and a director of the company to pursue an opportunity outside of the boating ...

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MasterCraft announces Q4 FY19 results

MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2019 fourth quarter and full year ended June 30, 2019. Net Sales for the fourth quarter were $122.8 million, reflecting an increase of $27.4 million, or 28.7%, compared to $95.4 million for the prior-year period. The increase was primarily due to an increase at MasterCraft of $6.0 million, or 8.1%, primarily due to an ...

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MasterCraft Boat Holdings names new NauticStar president

MasterCraft Boat Holdings, Inc. announced that it has promoted Jay Povlin, MasterCraft’s Global Vice President of Sales and Marketing, to President of NauticStar, effective immediately. Povlin, 53, joined MasterCraft in 2013 and brings considerable marine executive business leadership experience from both domestic and international markets. His extensive background in sales and marketing, strategic planning and execution, financial management, and communications have ...

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