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宣佈任命Steven D. Menneto爲新的首席執行官（"CEO"），任期自2024年8月5日起生效。Menneto先生還將加入Malibu Boats的董事會，董事會將從9名增加到10名。伴隨着Menneto先生的任命，CEO辦公室將不復存在，該辦公室則包括了公司總裁Ritchie Anderson以及董事會主席Michael k. Hooks。Hooks先生將繼續擔任董事會主席，而Anderson先生將繼續擔任公司總裁。
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先生從Polaris公司加入Malibu Boats公司，他最近擔任Off-Road車輛部門的總裁。在此期間，他幾乎將該部門的收入翻了一番，達到了70億美元，同時監督一個龐大的全球製造業務。Menneto先生之前曾經經營Polaris公司的摩托車部門，在此期間他推動了顯著的增長，包括將印度摩托車業務從300萬美元增長到了約5,0000萬美元的營業收入。Menneto先生早年創辦了自己的Polaris經銷商店。