Skip to main content

JRL Ventures/Marine Concepts CFO will retire

JRL Ventures/Marine Concepts said Mac Spencer is retiring as CFO.

JRL Ventures/Marine Concepts said Mac Spencer is retiring as CFO.

"Mac has served with distinction as Marine Concepts' CFO for the past 15 years, contributing significantly to Marine Concepts' success during this time and helping to secure that we delivered strong financial performance,” Marine Concepts president Matt Chambers said in a statement.

“Mac has demonstrated all of the qualities that make our company so special: dedication to our mission and commitment to doing what is right. I am extremely grateful to Mac for his service to Marine Concepts and for helping to position the company so well for the future."

"It has been a pleasure to have worked with and help build the great team at Marine Concepts,” Spencer said. “I am proud of what we have all accomplished and feel that the company is on the path to even further growth and prosperity. Coming from 28 employees a few year ago to the current 250 employees, we can all be proud of what we have done."

Although Spencer has been with Marine Concepts for 15 years, he has been in the marine industry much longer. He was controller at Crestliner Boats; group controller at Harley-Davidson Motor Co.; senior vice president of finance and administration at Wellcraft Marine; and CFO at American Marine Holdings, the parent company of Donzi and Pro-Line Boats.

Spencer and his wife, Donna, plan to travel to Scotland and Ireland in search of the family castle and spend time with their six grandchildren in Sarasota, Fla.

Related

1_LIMESTONE

Limestone Secures Financing for Expansion

The company said the $6 million in credit will be used to improve its Tennessee manufacturing facility and buy new equipment.

1_MCKENZIE

Mastry Marine Names Repower Center

St. Augustine, Fla.-based McKenzie Marine is the engine distributor’s latest designated Suzuki Repower Center.

1_VANDERBILT

Vanderbilt Ships First Pontoon

The company said the 700T Series was the first model shipped from its new Fort Wayne, Ind., factory and was delivered to The Marina in Angola, Ind.

1_CHIPS.ACT

NMMA Celebrates CHIPS Act

The legislation aims to return semiconductor manufacturing to the U.S. and allows businesses to deduct R&D costs in the same year they are incurred.

1_COX

Cox Marine Hires Sales and Support Staff

The diesel outboard builder this week brought aboard a new regional sales director, regional sales manager and an aftersales manager.

1_DEALEROUTLOOK

Boating Interests Lose Wind Farm Battle

The Ohio Supreme Court has ruled that a proposed wind farm off the Cleveland, Oh., waterfront meets planning requirements.

1_INFLATION.JULY

July Inflation Data Lags June

Consumer Price Index results may indicate that inflation has peaked, and Producer Price Index data was below market expectations.

1_YAMAHA

Yamaha Posts Higher Sales, Profit

The company’s first half 2022 net sales increased to $1.93 billion, and segment income rose to $330 million.