Brunswick Corporation : Brunswick Promotes David Foulkes to Chief Technology Officer
LAKE FOREST, Ill. Sept. 26, 2014 - Brunswick Corporation (NYSE: BC) today announced that effective immediately, David M. Foulkes, has been promoted to the new position of chief technology officer, reporting in this additional capacity to Brunswick President and Chief Operating Officer Mark D. Schwabero. Foulkes also will retain his current responsibilities as vice president - product development, engineering and racing for Mercury Marine, Brunswick's largest operating segment. In that capacity, Foulkes will continue to report to John C. Pfeifer, President - Mercury Marine. "In this new role, David will work with all of Brunswick's businesses to ensure that they have a clear view of developing opportunities as well as a roadmap for technology evaluation and deployment to remain at the technological leading edge, and deliver on Brunswick's product leadership objectives," Schwabero said. "David will work with the business presidents and product development leaders to develop and acquire the necessary technical talent to evolve and incorporate key new technologies. He will seek synergies and promote resource sharing across all businesses as needed to enable efficient technology deployment and product program execution. He will also work with the businesses to develop and implement more systematic processes for innovation and product program delivery by forming partnerships and alliances that equip Brunswick with a robust innovation network providing opportunities for early access to new and emerging technologies. "Throughout Brunswick we have continued to invest to produce a vibrant and comprehensive product portfolio that incorporates the intuitiveness, connectivity and flow of contextual information that our customers desire and have come to expect," Schwabero added. "This new position within our management structure will add further clarity and prominence to the importance of creativity, innovation and efficient execution throughout our organization. "David brings a successful record of driving growth through product strategy, technology innovation and development execution to already seasoned and accomplished teams of professionals throughout Brunswick. This new structure will enhance coordination among these various efforts, further accelerating the pace and quality of new product development and introductions," Schwabero concluded. Foulkes joined Mercury Marine in 2007 as vice president, product development and engineering, adding responsibilities for Mercury Racing in 2013. Previously, Foulkes had spent 18 years with Ford Motor Company in a series of assignments of progressive responsibilities. He previously had also worked with Shell Exploration and the Ministry of Defense, both in the United Kingdom. He has a bachelor's degree in aeronautics and a master's degree in structural and fluid mechanics from Imperial College in London. At Mercury, Foulkes has led a major expansion of Mercury's engineering activity; recruiting a large number of engineers and significantly expanding Mercury's test and development facilities. He has also been responsible for the delivery of a number of very successful new products, including the 150 horsepower FourStroke outboard, the new 75-115 horsepower outboard platform, the new 250 horsepower gasoline sterndrive engine, and the new line-up of high-speed diesel engines. Foulkes has also been responsible for major enhancements in Mercury's advanced propulsion control technologies, including the introduction of Mercury's Joystick Piloting system for outboards, and comprehensive suite of new Mercury helm systems. About Brunswick Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and inboard engines; MotorGuide trolling motors; Attwood and Whale marine parts and accessories; Land 'N' Sea, Kellogg Marine, BRP and Diversified Marine parts and accessories distributors; Bayliner, Boston Whaler, Brunswick Commercial and Government Products, Crestliner, Cypress Cay, Harris FloteBote, Lowe, Lund, Meridian, Princecraft, Quicksilver, Rayglass, Sea Ray and Uttern boats, and Life Fitness and Hammer Strength fitness equipment, Brunswick billiards tables and table tennis. For more information, visit http://www.brunswick.com. About Mercury Marine Headquartered in Fond du Lac, Wis., Mercury Marine is the world's leading manufacturer of recreational marine propulsion engines. A $2 billion division of Brunswick Corporation (NYSE: BC), Mercury provides engines, boats, services and parts for recreational, commercial and government marine applications, empowering boaters with products that are easy to use, extremely reliable and backed by the most dedicated customer support in the world. Mercury's industry- leading brand portfolio includes Mercury and Mariner outboard engines; Mercury MerCruiser sterndrive and inboard packages; MotorGuide trolling motors; Mercury propellers; Mercury inflatable boats; Mercury SmartCraft electronics; Attwood marine parts; Land 'N Sea marine parts distribution; and Mercury and Quicksilver parts and oils. More information is available at mercurymarine.com. +----------+---------------------------------------------------------+ | Contact: | Daniel Kubera | | | Director - Media Relations and Corporate Communications | | | Brunswick Corporation | +----------+---------------------------------------------------------+ | Phone: | 847-735-4617 | +----------+---------------------------------------------------------+ | Email: | daniel.kubera@brunswick.com | +----------+---------------------------------------------------------+ +----------+------------------------------------+ | Contact: | Steve Fleming | | | Director -Corporate Communications | | | Mercury Marine | +----------+------------------------------------+ | Phone: | 920-929-5340 | +----------+------------------------------------+ | Email: | Steve.Fleming@mercmarine.com | +----------+------------------------------------+ This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Brunswick Corporation via GlobeNewswire [HUG#1858632]
Released September 26, 2014