MarineMax COO resigns - Trade Only Today

MarineMax COO resigns

Author:
Publish date:

MarineMax chief operating officer and executive vice president Edward Russell recently resigned.

Russell, who has been with MarineMax for 28 years, resigned Monday, according to a filing the company made with the U.S. Securities and Exchange Commission.

Russell's principal duties at the Clearwater-based recreational boat dealer will be assumed by others in the company, the filing showed.

MarineMax spokesman Brad Cohen told Soundings Trade Only that the company does not want to say at this time whether someone from within would be assuming Russell's role.

Click here for the filing.

Related

MRAA

And the Wait for New Boats Goes On

Ninety-five percent of marine dealers say they waited at least a month to get new-boat orders filled in August, and 35 percent say they experienced lead times of more than three months.

Economy

Consumer confidence at record highs

The economic indicator that Navico CEO Leif Ottosson watches first and foremost is consumer confidence, and The Conference Board’s measure of the American consumer’s mood delivered good news to Navico and the rest of the recreational marine industry at the end of August.