Hinckley CEO loses cancer battle - Trade Only Today

Hinckley CEO loses cancer battle

Jim McManus, president and CEO of The Hinckley Company, died of cancer on Tuesday after a long, hard-fought battle. He was 52.
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Jim McManus, president and CEO of The Hinckley Company, died of cancer on Tuesday after a long, hard-fought battle. He was 52.

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“The board of directors and the employees of The Hinckley Company mourn the passing of their friend and chief executive officer James P. McManus,” the company said in a statement.

McManus was appointed to the role in June 2007 and needed little prompting to refer to his position as his “dream job.” He had a career in the dry-cleaning, food services and financial industries before coming to Hinckley.

McManus grew up in a working-class family in New Haven, Conn., where he developed a love for the water at an early age.

“I grew up boating on Long Island Sound,” he told Soundings Trade Only during a 2012 interview. “I pulled lobster pots as a kid and sailed small boats, like Sunfish and Lasers.”

During summers in college he crewed aboard large power yachts chartered out of Manhattan for day cruises and crewed on his father-in-law’s cruising sailboats. He remained an avid boater who loved to spend weekends with his family aboard his Hinckley Talaria 44.

McManus became Hinckley’s chief executive shortly before the global economy nosedived in 2008, forcing a substantial downsizing and the layoff of 80 percent of the company’s production force.

Under his leadership and new ownership the company navigated the Great Recession and emerged as a more efficient yacht builder and service provider.

“He worked tirelessly to see the company through its darkest times in 2008-2009 and led the company to the extraordinary heights it has reached in recent years,” the Hinckley statement said. “Never boastful or arrogant, Jim was the consummate optimist, finding the best in everything and bringing out the best in all of those he touched.”

Under McManus, the company developed and launched a series of five highly successful new models and acquired Hunt Yachts in 2013.

“Hinckley today is very much a part of the Jim McManus legacy,” the company said. “His passion and spark will continue to inspire all who knew him.”

McManus lived in Cambridge and Hyannis, Mass. He is survived by his wife, three children, his parents, sisters and “a legion of friends and colleagues who cherished him.”

A wake is scheduled for Monday and the funeral is set for Tuesday. Information can be found at: http://info.hinckleyyachts.com/jim.

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