Skip to main content

Bruce Van Wagoner to Retire


After a 45-year run in the marine industry, Bruce Van Wagoner is retiring, effective immediately.

Van Wagoner has led Wells Fargo’s Distribution Finance team for the last 31 years and was critical in growing the robust marine lending team at DF, which now serves thousands of dealers and manufacturers. According to Wells Fargo, DF provided $43 billion in financing to more than 30,000 dealers and more than 1,200 distributors and manufacturers last year.

“To our dealers and manufacturers: I am grateful for the success we shared. The Wells Fargo team demonstrates consistent dedication to our customers and for doing the job the right way,” said Van Wagoner in a statement. “Above all, what I’m most proud of is the long-term customer relationships we’ve built which have strengthened our market position and elevated industry professionalism.”

2_WellsFargo_Chad Lyon

Chad Lyon has been selected to led DF’s team; he has more than a decade of experience in the marine group and had led its electronics and appliances business since 2016.

“Bruce leads by example, and I greatly respect the impact he’s made on the industry and his team,” said Lyon. “I’m excited to be joining the Marine group once meet the evolving business needs of our marine dealers and manufacturers.” 



MMTA Sets Date for Conference

The educational Business of Boating Conference will be held in Foxboro, Mass., with in-person and remote attendance options.


AkzoNobel Nominates Board Member

Ben Noteboom is expected to be elected chair to succeed the retiring Nils Andersen.


Neptune Awards Adds Category

“Boat Show Marketing” will recognize promotional efforts for shows, and entries will be accepted until Dec. 18.


Sailing Convention for Women Returns

Postponed during Covid, the event will include on-water training, networking opportunities and workshops.


MBIA Names Board Members

The Michigan Boating Industries Association elected four new directors and named the officers who will serve next year. Also, the 2023 schedule for “Ladies Let’s Go Fishing!” is taking shape.


CL Yachts Expands Dealer Network

The Hong Kong-based builder added retail locations in Australia, Dubai, Singapore and Macau.


Legend Boats Partners With Boat Fix

The Canadian builder will offer the telematics system, which provides tracking, monitoring and 24-7 service, on new models starting next year.


MarineMax Establishes Technology Division

The company’s Boatyard and Boatzon units will operate under the new entity, New Wave Innovations.


Suntex Purchases New Jersey Facility

Green Cove Marina in Brick is the company’s latest acquisition on the Jersey Shore, joining Channel Club Marina and Key Harbor Marina.