Marine Accessories Corp. adds advisory director

Author:
Updated:
Original:

Marine Accessories Corp. has added marine industry veteran Rick Stone to its board of directors as an adviser.

For more than two decades, Stone held positions of leadership within Sea Ray and Brunswick Corp., including serving multiple years as president of the Sea Ray Boat Group.

He has an undergraduate degree in accounting and has completed executive management development through Harvard Business School.

“I welcome the opportunity to help MAC continue to deliver exciting new products and profitability,” Stone said in a statement.

“We are delighted to have Rick join our board as an advisory director,” said Rick Reyenger, MAC’s CEO. “His marine industry experience, financial background and strategic focus will be a great resource for myself and our board of directors.”

Located in Maryville, Tenn., MAC is the parent company of brands in the wakeboard tower and marine canvas segments that include Xtreme Tower Products, Monster Tower, Great Lakes Boat Top and Westland Industries.

MAC is owned by Blue Sage Capital, a private equity firm based in Austin, Texas, and Tenth Street Capital, a private mezzanine debt and equity investment firm based in Chattanooga and Nashville, Tenn.

Related

Brunswick Corp. Arranges Covid-19 Vaccinations

The marine-industry conglomerate aims to protect employees and their communities against Covid-19.

Kadey-Krogen Announces New Ownership Structure

This summer, the builder and its new investor plan to reveal a five-year innovation and strategic plan.

What is America’s Finest Harbor?

Online voting is open in the US Harbors competition for the best U.S. harbor.

Bruce Van Wagoner to Retire

The 45-year industry veteran was marine group president for Wells Fargo Distribution Finance.

Patrick Acquires SeaDek Parent

The Indiana-based company continues its strategy of growth through acquisitions.

BoatUS, USPS Resume Safety Checks

The groups are offering the service during safety events, or boaters can conduct the inspection using an online guide.

Stepping Up the Pace of Relief

A positive jobs report, 3 million vaccinations per day and consumer confidence point toward economic recovery.