Updated:
Original:

Fountain Powerboats names new CEO

John E. Walker is the new head of Fountain Powerboats following the departure of Reggie Fountain.

"Effective immediately, John E. Walker is appointed to the position of president and CEO of Fountain Powerboats. Mr. Walker's career spans over 28 years in the boat manufacturing industry and Liberty is confident of his executive management abilities and his integrity to move Fountain forward with its strategic growth plan for the future," Liberty Associates CEO Bill Gates said in a statement.

"John has performed admirably as CEO of American Marine Holdings, steering the company through the very difficult times that the boat manufacturing industry has experienced recently," Gates added.

In addition to serving as president of American Marine Holdings, owner of Donzi Marine and Pro-Line, Walker was recently appointed president and CEO of Baja Marine.

"The entire team at Fountain Powerboats wishes Mr. Fountain the best of luck; and the company would welcome him back at any time," Gates added.

Fountain announced his resignation Friday afternoon from the company he founded more than 30 years ago.

"There are key differences in opinion and philosophy between the current owners and myself on how to run the company," he said in a statement.

Related

IBEX Opens Tomorrow

The three-day trade show celebrates its 30th anniversary and return to the Tampa Convention Center in Florida after last year’s virtual event.

Ritchie Navigation Sees Year of Record Growth

The 161-year-old Pembroke, Mass.-based compass manufacturer added a sixth workday to keep up with demand.

‘A Phenomenal Success’

The Southampton International Boat Show had more than 88,000 visitors during its 10-day run, after last year’s cancellation.

TopSide Marinas Makes First Two Acquisitions

Founded in January 2020, the firm has thus far acquired Beavers Bend Marina in Oklahoma and Galveston Yacht Basin in Texas.

Two Boosts for Boating and Fishing

MBIA’s Metro Boat show show draws a crowd, and the U.S. Fish and Wildlife Service expands boating and fishing opportunities.

Norwalk Boat Show Held This Weekend

The NMMA show runs through Sunday at Norwalk Cove Marina in Norwalk, Conn.

Raritan Expands Team

Patrick McNeel joins the New Jersey-based manufacturer as a marine equipment product developer.

Industry Mourns Walter “Bing” Burns O’Meara

The longtime publisher of Lakeland Boating magazine has died at 81.