Skip to main content

Couple sells its family sailboat business

Tom and Jane Schock have sold W.D. Schock Corp. to Alexander Vucelic von Raduboj, who will take over as president and be responsible for day-to-day operations.

Terms of the deal were not disclosed.

Tom Schock will remain on W.D. Schock's board and continue to connect with sailors in the new role of brand ambassador. Jane Schock also will continue with the company, helping to smooth the transition, they announced.

Vucelic von Raduboj has more than 20 years of experience in manufacturing. He previously was chief operating officer at Electric Machinery of Minneapolis.

He graduated from the Georgetown School of Foreign Service, where he rowed lightweight crew all four years. He earned an Master of Architecture degree at UCLA and a master's in business administration at Columbia University, and is a California-licensed architect.

"While at architecture school, a couple of my classmates and I dabbled in sailboat design. Little did I realize that nearly 30 years later, I'd be taking the helm at W.D. Schock," Vucelic von Raduboj said in a statement. "This is both an honor and a pleasure."

"Alexander and I have worked closely together for the last 18 months on this transaction," Tom Schock said in a statement. "He has become an involved team member in and around the shop leading up to the official 'change of watch' and has watched closely as the new Harbor 30 tooling has come to life.

"Alexander respects and appreciates the legacy of W.D. Schock Corp., and he understands the unique aspects of multigenerational family businesses, having himself grown up in a family business which spanned five generations," he added.

W.D. Schock was founded in 1946 in Newport Beach, Calif., by Tom Schock's father. The company has built more than 13,000 boats in its 65-year history.

Click here for the full release.

Related

1_RIGHWHALES

Industry Pushes Back Against Speed Restrictions

A NOAA Fisheries proposal would restrict boats 35 feet and larger to a 10-knot speed limit along the East Coast to protect right whales from vessel strikes.

4_MAGONIS

Magonis Opens Connecticut Office

The Spain-based, electric-boat builder offers an 18-footer that’s available with motors from Torqeedo and Mag Power.

01_YOUTH.FISHING

Bill Seeks to Increase Youth Fishing

The bipartisan Coastal Fishing Program Act of 2022 would ease barriers to accessing the outdoors in underserved communities.

Norm

Fall Is in Full Swing

With the autumnal equinox ushering in a new season today, the fall boat-show circuit is in high gear. Here are some recent reports and a look at what’s to come.

3_MANUFACTURER.CONFIDENCE

Manufacturer Confidence Drops

Still, U.S. builders remain largely optimistic despite ongoing constraints with the supply chain and workforce, as well as yesterday’s interest rate hike.

1_TEMO.DEFENDER

Defender Adds TEMO Electric Boat Motor

Defender Industries is the official U.S. dealer for the French company’s lightweight, portable electric motors.

2_TWIN.DISC.BELGIUM

Twin Disc Sells Belgium Facility

The transmission manufacturer is still using the facility in a leaseback transaction as it looks to reduce costs.