Brunswick Recreational Boat Group president and CFO out in restructuring - Trade Only Today

Brunswick Recreational Boat Group president and CFO out in restructuring

Neither of these positions will be replaced.
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The Brunswick Recreational Boat Group said today that it realigned the management structure at its recreational boat group, with group president Tim Schiek and group CFO Scott Kent leaving the company to pursue other interests.

Neither of these positions will be replaced.

Although Schiek is leaving immediately, Kent will remain in a transition role, reporting to Brunswick Boat Group president Huw Bower.

Brad Anderson was named Sea Ray sport boat and cruisers president and general manager, and Scott Ward was named Sea Ray sport yachts and yachts president and general manager. Both will report to Bower.

"Brad and Scott will continue to operate following their current charters: to continue to build upon momentum in the sport boat and cruiser categories, and to improve performance in our yacht business," Bower said in a statement.

"The caliber and leadership of this team are well known and the individuals highly regarded in the industry," Bower said. "With thanks and gratitude to both Tim and Scott for their years of service and leadership, the recreational boat group is prepared to move forward to meet the challenges and opportunities ahead."

The new structure, Bower said, will "deliver sharper focus on the performance of these core brands, drive efficiency across the recreational boat group and further emphasize growth drivers within the boat group's portfolio of 16 brands."

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