Brunswick Corporation Names Andrew Graves President - Brunswick Boat Group; Robert Parmentier, Terry McNew Promoted at Sea Ray
October 19 2009 - 11:15AM
PR Newswire (US)
LAKE FOREST, Ill., Oct. 19 /PRNewswire-FirstCall/ -- Brunswick
Corporation (NYSE:BC) today announced that it has named Andrew E.
Graves, 50, president - Brunswick Boat Group. Graves most recently
served as president - US Marine and Outboard Boats for Brunswick.
Graves now will also have responsibility for the operations of Sea
Ray and Meridian. He will continue to report to Dustan E. McCoy,
chairman and chief executive officer of Brunswick Corporation. "At
Brunswick, we are always seeking ways to stay better aligned with
the market as well as position the Company to emerge stronger from
this downturn," McCoy explained. "An important part of this effort
is to adapt our organizational structure to further simplify,
integrate and strategically direct our industry-leading portfolio
of boat brands. The changes we are making today will further refine
our efforts to better coordinate activities among our brands,
including product development and design, platform manufacturing
and other operating and administrative functions that are common to
our various groups. "Since joining Brunswick in 2005," McCoy
continued, "Andy has consistently demonstrated his leadership
capabilities and foresight in helping to direct the transformation
of our boat operations and manufacturing footprint, while
skillfully guiding a large portion of our brand portfolio through
the most challenging marine market in decades." Most recently,
Graves was president - US Marine and Outboard Boats, a position he
assumed in 2008. Mr. Graves joined Brunswick in 2005, originally as
President - Freshwater Group. Before coming to Brunswick, Graves
was President of the Dresser Flow Solutions business of Dresser,
Inc., a leading maker of valves and control solutions for the oil
and gas industry. From 2001 to 2003, he was president and chief
operating officer for Federal Signal Corporation. Prior to 2001,
Graves held positions of increasing responsibility with CNH Global,
N.V., and FMC Corporation. Promotions at Sea Ray Brunswick also
today announced that it has named Robert J. Parmentier, 48,
president - Sea Ray Group, and Terry D. McNew, 47, executive vice
president - product development and engineering, manufacturing and
quality, concentrating on the Sea Ray, Bayliner, and Meridian
brands. Both actions are effective immediately, and both Parmentier
and McNew will report to Graves. Parmentier most recently was
executive vice president - Sea Ray, overseeing a wide range of
responsibilities, including that of the Meridian yacht brand, which
was integrated into Sea Ray in 2008. Parmentier will retain
responsibility for the Meridian brand, as well as assuming P&L
responsibility for Sea Ray. Parmentier joined Sea Ray in 1982, and
has held a number of positions of increasing responsibilities over
the years at both the plant and headquarters levels for Sea Ray.
Prior to his most recent assignment, Parmentier had served as
senior vice president - operations as well as senior vice president
- general manager of Sea Ray. "There are few as well versed or as
highly regarded for his knowledge and savvy within the marine
industry as Rob," McCoy said. "An accomplished industry veteran,
Rob's expertise along with his familiarity and standing among our
dealer network will ensure that Sea Ray and Meridian both maintain
and advance their pre-eminent status among pleasure boat and yacht
brands." McNew most recently was senior vice president - product
development and engineering (PD&E). McNew has spent most of his
more than 20 years in the recreational boating industry with Sea
Ray, beginning his career at Brunswick's PD&E facility in
Merritt Island, Fla. He then progressed steadily through several
key manufacturing roles before ultimately assuming the position of
Sea Ray vice president - manufacturing in 2001. He left the company
in 2004, to become president and chief executive officer of Correct
Craft Boats in Orlando. McNew returned to Brunswick in 2006.
"Terry's contributions have been many to our organization over the
years," McCoy said. "His marine experience, expertise and seasoned
insight are invaluable in helping Brunswick to develop and produce
superior and exceptional products that excite and satisfy boaters.
In his new responsibilities, Terry will help to ensure that
Brunswick continues its leadership role in producing great
product." Along with these developments, Brunswick noted that
Richard C. Stone, president - Sea Ray Group, will be leaving the
company. Stone has led Sea Ray since 2006, and had held a number of
positions since joining Brunswick in 1985. "Brunswick has benefited
from Rick's expertise and industry knowledge," McCoy said. "His
well informed counsel and advice will be missed. We thank him for
his many contributions at Brunswick, and wish him well in the
future." About Brunswick Headquartered in Lake Forest, Ill.,
Brunswick Corporation endeavors to instill "Genuine Ingenuity"(TM)
in all its leading consumer brands, including Mercury and Mariner
outboard engines; Mercury MerCruiser sterndrives and inboard
engines; MotorGuide trolling motors; Attwood marine parts and
accessories; Land 'N' Sea, Kellogg Marine, Diversified Marine and
Benrock parts and accessories distributors; Arvor, Bayliner,
Bermuda, Boston Whaler, Cabo Yachts, Crestliner, Cypress Cay,
Harris, Hatteras, Kayot, Lowe, Lund, Maxum, Meridian, Ornvik,
Princecraft, Quicksilver, Rayglass, Sea Ray, Sealine, Triton,
Trophy, Uttern and Valiant boats; Life Fitness and Hammer Strength
fitness equipment; Brunswick bowling centers, equipment and
consumer products; Brunswick billiards tables and foosball tables.
For more information, visit http://www.brunswick.com/. DATASOURCE:
Brunswick Corporation CONTACT: Daniel Kubera, Director - Media
Relations and Corporate Communications of Brunswick Corporation,
+1-847-735-4617, Web Site: http://www.brunswick.com/
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