Hatteras and Cabo Yachts names new CEO

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Hatteras and Cabo Yachts named Kelly Todd Grindle as the company’s new CEO, effective today.

Grindle served most recently as president of outdoor products at Vista Outdoor in Overland Park, Kansas. Vista Outdoor is a $2.3 billion designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets.

“We are pleased to have recruited a senior executive with the industry knowledge and experience to lead Hatteras Yachts through its next phase of growth,” Hatteras chairman and CEO Gregory Segall said in a statement.

Former Hatteras CEO John Ward is now CEO of Everglades Boats, Hatteras spokesman Joe Cacopardo said. Everglades sales and marketing vice president Bryan Harris confirmed the move.

“John is CEO now, he came on board in November,” Harris told Trade Only Today, adding that the move came right at the time of the Fort Lauderdale International Boat Show, so the company didn’t immediately issue a press release.

Grindle brings to Hatteras Yachts his experience in the recreational marine manufacturing sector. “Kelly Grindle is an acknowledged leader in the outdoor sports and recreational marine industries, and will have a positive impact on our ability to deliver the best quality yachts to Hatteras customers today, and to continue the company’s long tradition of pioneering innovative design and technology in the future,” Segall said in a statement.

Prior to Vista Outdoor, he spent 15 years as senior group vice president of marine electronics, watercraft and diving at Johnson Outdoors in Racine, Wis.

During his tenure at Johnson Outdoors, Grindle was credited with restructuring and turning around the watercraft division, as well as quadrupling the size of the marine electronics group through strategic acquisitions and organic growth spurred by innovation.

“I’m excited to join an iconic American brand that is recognized as a leader in building highly coveted sportfishing and motor yachts,” Grindle said in a statement. “I look forward to working with the Hatteras team to drive new growth through innovation and exceptional customer service.”

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