MarineMax, Inc. announced that the Board of Directors has announced several changes as part of its continued commitment to strong governance.
The Board has appointed Rebecca J. White, PhD, a director since2018 and seasoned governance expert, as Chair of the Board, effective June 30, 2024. Dr. White?s appointment follows William H. McGill Jr.?s planned retirement from his position as a director and Executive Chairman of the Board, also effective June 30, 2024. Joseph A. Watters, a director since2005, will retire from the Board effective June 30, 2024. Following these changes, the Board will be reduced to 10 directors. Rebecca White is a seasoned governance expert, serving as Walter Chair of Entrepreneurship, Professor of Entrepreneurship and Director of the John P. Lowth Entrepreneurship Center at the University of Tampa. She has served in leadership roles on a number of company, non-profit, and industry association boards over the past 25 years and is an active member of the National Association of Corporate Directors and Women Corporate Directors. Founder of several start-ups, Dr. White has more than three decades of experience in education, training, coaching and mentoring. She is a thought leader and frequent speaker on areas such as entrepreneurship, management and corporate governance. Dr. White received an MBA and a Ph.D. in Strategic Management from Virginia Tech.
MarineMax, Inc. is a recreational boat, yacht, and superyacht services company. The Company offers new and used recreational boats and related marine products, including engines, trailers, parts, and accessories. It operates through two segments: Retail Operations and Product Manufacturing. The Retail Operations segment includes the sale of new and used recreational boats, including pleasure and fishing boats, with a focus on premium brands in each segment. The Product Manufacturing segment includes the activity of Cruisers Yachts and Intrepid Powerboats. The Company also assists in arranging related boat financing, insurance, and extended service contracts; provide boat maintenance and repair services; offer slip and storage accommodations; provide boat and yacht brokerage sales; and conduct a yacht charter business. The Company operates over 130 locations worldwide, including 82 dealerships and 66 marina and storage facilities. In addition, it operates MarineMax Vacations in Tortola.