Chaparral and Robalo leaders win magazine honor

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Chaparral and Robalo’s Jim Lane and Buck Pegg were named by Boating Industry magazine as its Movers & Shakers of the Year for 2014.

Spotlighted in a cover story in the magazine’s October edition, Lane and Pegg were recognized for their innovation, leadership and highly effective partnership.

The prestigious award comes as Chaparral marks its 50th anniversary.

Boating Industry editor-in-chief Jonathan Sweet acknowledged that although Lane and Pegg are widely regarded for more than five decades of accomplishments, this award “is not about what happened 20 years ago or even a decade ago. It’s about how these leaders are impacting the industry today.”

“From its entry-level Chaparral H2O Series to its new line of Vortex jetboats to a wave of new products from Robalo, the company continues to innovate and invest in the future,” Sweet said in a statement.

“Of all the awards Chaparral and Robalo have earned over the years, this ranks right at the top,” said Lane, the company president. “We’ve worked hard to earn No. 1 market share in the 18- to 35-foot range. This award spotlights our new product development and the bright future ahead.”

Founder Buck Pegg said credit for the award is due companywide.

“While the award spotlights Jim and I, it’s really about the foresight and dedication of everyone involved with our company,” Pegg said. “As we celebrate our 50th anniversary it would be natural to reflect on the past, but we’re 100 percent focused on the 2015 model year and our future.”

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