Brunswick Corporation : Brunswick Recreational Boat Group Realigns Management
LAKE FOREST, Ill. Dec. 12, 2016 -- To sharpen visibility to the market and create clearer accountability to drive business performance and deliver growth, the Brunswick Boat Group today announced it has realigned the management structure at its Recreational Boat Group, which manufactures and markets Bayliner and Sea Ray boats. As part of this realignment, Tim Schiek and Scott Kent are leaving the Company to pursue other interests. Respectively, they had served as president - Recreational Boat Group, and chief financial officer - Recreational Boat Group. Neither of these positions will be replaced. While Schiek is leaving immediately, Kent will remain in a transition role reporting to Brunswick Boat Group President Huw Bower. To further reinforce the category structure introduced earlier this year, Brad Anderson and Scott Ward will report to Bower, and are appointed president and general manager - Sea Ray Sport Boat and Cruisers and president and general manager - Sea Ray Sport Yachts and Yachts, respectively. "Brad and Scott will continue to operate following their current charters: to continue to build upon momentum in the sport boat and cruiser categories, and to improve performance in our yacht business," Bower said. "The caliber and leadership of this team are well known and the individuals highly regarded in the industry," Bower said. "With thanks and gratitude to both Tim and Scott for their years of service and leadership, the Recreational Boat Group is prepared to move forward to meet the challenges and opportunities ahead." The new structure, according to Bower, will "deliver sharper focus on the performance of these core brands, drive efficiency across the Recreational Boat Group and further emphasize growth drivers within the Boat Group's portfolio of 16 brands." Brunswick Boat Group The Brunswick Boat Group, part of Brunswick Corporation (NYSE: BC), includes the Recreation Boat Group, Freshwater Boat Group, the Boston Whaler Group and European Boat Group. Brunswick boat brands include Bayliner, Boston Whaler, Brunswick Commercial and Government Products, Crestliner, Cypress Cay, Harris, Lowe, Lund, Meridian, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern. +-------------------------------------------------------------+ | Contact: Daniel Kubera | +-------------------------------------------------------------+ | Director - Media Relations and Corporate Communications | +-------------------------------------------------------------+ | Phone: 847-735-4617 | +-------------------------------------------------------------+ | Email: daniel.kubera@brunswick.com | +-------------------------------------------------------------+ This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Brunswick Corporation via GlobeNewswire
Released December 12, 2016