Brunswick Corp. elected president and chief operating officer Mark Schwabero to its board of directors, another step toward his eventual appointment as CEO.
"This appointment reflects the company's continued focus on long-term planning," said Brunswick CEO Dusty McCoy, who is expected to retire in 2016. "It further facilitates the company's long-term succession process, which has been under way for some time as our board pursues a succession plan providing both continuity and confidence that we have strong leadership in place to move forward.
"Earlier this year Mark stepped into the role of president and chief operating officer, actively managing Brunswick's various business segments and helping to develop our strategic plans," McCoy said in a statement. "Mark will contribute his valuable talent and insight to our board of directors and work closely with his fellow directors, continuing to identify new opportunities for growth."
Schwabero joined Mercury Marine in 2004 as president of the engine maker's outboard business unit, where he led development, manufacturing and sales in the company's global outboard marine business. He became president of Mercury Marine in 2008.