Malibu Boats Taps Steven D. Menneto Of Polaris as CEO, Effective August 5, Succeeding Ritchie Anderson
Malibu Boats Taps Steven D. Menneto Of Polaris as CEO, Effective August 5, Succeeding Ritchie Anderson
Malibu Boats, Inc. (NASDAQ:MBUU) today announced the appointment of Steven D. Menneto as its new Chief Executive Officer ("CEO"), effective August 5, 2024. Mr. Menneto will also join Malibu Boats' Board of Directors (the "Board"), which will increase from nine to ten members. In connection with Mr. Menneto's appointment, the Office of the CEO, consisting of Ritchie Anderson, the Company's President, as well as Michael K. Hooks, the Chair of the Board, will end. Mr. Hooks will remain Board Chair and Mr. Anderson will remain President of the Company.
Malibu Boats宣布任命Steven D. Menneto为新的首席执行官（"CEO"），任期自2024年8月5日起生效。Menneto先生还将加入Malibu Boats的董事会，董事会将从9名增加到10名。伴随着Menneto先生的任命，CEO办公室将不复存在，该办公室则包括了公司总裁Ritchie Anderson以及董事会主席Michael k. Hooks。Hooks先生将继续担任董事会主席，而Anderson先生将继续担任公司总裁。
Mr. Menneto joins Malibu Boats from Polaris, where he was most recently President of the Off-Road Vehicle Division. In that role he nearly doubled the division's revenue to $7 billion over the course of four years while overseeing a large global manufacturing footprint. Mr. Menneto previously ran Polaris' Motorcycle Division, during which time he drove significant growth including building the Indian Motorcycle business from $3 million to approximately $500 million in revenue. Early in his career, Mr. Menneto owned his own Polaris dealership.
Menneto先生从Polaris公司加入Malibu Boats公司，他最近担任Off-Road车辆部门的总裁。在此期间，他几乎将该部门的收入翻了一番，达到了70亿美元，同时监督一个庞大的全球制造业务。Menneto先生之前曾经经营Polaris公司的摩托车部门，在此期间他推动了显著的增长，包括将印度摩托车业务从300万美元增长到了约5,0000万美元的营业收入。Menneto先生早年创办了自己的Polaris经销商店。