Jack Springer was recognized for growth and innovation initiatives at Malibu.
Springer gave an interview to CEO Magazine.
The parent of Malibu, Axis, Pursuit and Cobalt reported a 42.4 percent sales increase for its third quarter.
Five-star certification is at least 50 percent lower emissions than the four-star rating.
The saltwater fishing brand will allow Malibu to expand its outboard offerings.
Malibu, Axis and Cobalt sold 6,292 boats for a 65 percent gain for its fiscal year
The Cobalt 30SC is the third new model in a series of outboard-powered bowriders. Cobalt said that it wanted to combine the luxury the company is known for with the quiet performance and efficiency of modern outboards.
Cobalt Boats introduced its first 23-foot outboard, the Model 23SC, to offer first-time buyers and occasional boaters seeking higher quality and reliability the same level of construction, performance and attention to detail offered in its larger boats.
Malibu Boats Inc. is matching funds raised by its employees to support the Loudon County, Tennessee, chapters of Toys For Tots and the Salvation Army’s Angel Program.