ATLANTA, Aug. 26, 2020 /PRNewswire/ -- Marine
Products Corporation (NYSE: MPX) today announced yesterday's
appointment of Gary W. Rollins as
Chairman of its Board of Directors. Rollins, who joined the Marine
Products Corporation Board in 2001, succeeds R. Randall Rollins, who served as Chairman since
inception of the organization in 2001 until his passing on
August 17, 2020.
Rollins has extensive industry and operations knowledge holding
positions ranging from general management and operations, President
and Chief Operating Officer, Chairman of the Board of Orkin, and
the Vice Chairman of the Board of Rollins, Inc.
During his career, Rollins has served on the boards of numerous
other companies. He currently serves as the Chairman of the Board
of Directors and member of the Executive Committee of RPC, Inc. and
previously served as a member of the Board of Directors, the
Executive Committee and the Compensation Committee for Genuine
Parts Company.
Gary Rollins is a former member
of the Emory University Board of
Trustees and its Executive Committee. He was a Founding Director of
the Tuxedo Park Civic Association, a member of the Atlanta High
Museum of Art, and a member of the United Way de Tocqueville
Society. He is a past member of the Board of Trustees of Egleston
Hospital for Children and a former Trustee at The Westminster
School.
In addition, Harry J. Cynkus and
Jerry W. Nix have been appointed to
the Board of Directors of the Company.
Cynkus is the former Senior Vice President, Chief Financial
Officer and Treasurer of Rollins, Inc., holding various positions
from 1998 to 2015. After beginning his career with Arthur Andersen
& Co., he held financial positions with several companies
including Tyco International, ARAMARK Services, Brach & Brock
Confections and Mayer Electric Supply Co., Inc. Harry Cynkus currently serves on the Board of
Directors of RPC, Inc. and as the Vice Chairman, Trustee and Head
of the Audit Committee of the Utica
College Board of Trustees. His professional memberships
include the American Institute of Certified Public Accountants and
the Financial Executives Institute.
Nix is the former Vice Chairman, Executive Vice President and
Chief Financial Officer of Genuine Parts Company. Prior to
retiring in March 2013, Nix served as
Chief Financial Officer for over 13 years and served in various
other capacities with Genuine Parts before that time, including
Senior Vice President, Finance. In addition to previously serving
as a director of Genuine Parts, Nix was a director of Synovus
Financial Corp. Currently, he serves on the Board of Directors of
RPC, Inc. and on various civic and non-profit boards, including
Young Harris College, Cobb County Chamber of Commerce, Cobb-Marietta
Coliseum and Exhibit Hall Authority, John and Mary Franklin
Foundation, and on the Executive Committee for the Atlanta Area
Council and Boy Scouts of America. Prior to joining Genuine
Parts in 1978, Jerry Nix was an
auditor with Ernst & Young and a pilot in the U.S. Air
Force.
Marine Products Corporation (NYSE: MPX) is a leading
manufacturer of fiberglass boats under three brand names:
Chaparral, Robalo and Vortex. Chaparral's sterndrive models include
SSi and SSX, along with the Chaparral Surf Series.
Chaparral's outboard offerings include various models, such as OSX
Luxury Sportboats, the 257 SSX, and SunCoast Sportdecks. Robalo
builds an array of outboard sport fishing boats, which include
center consoles, dual consoles and Cayman Bay Boat models.
Chaparral also offers jet powered boats under the Vortex brand
name. The Company continues to diversify its product lines
through product innovation. With premium brands, a solid
capital structure, and a strong independent dealer network, Marine
Products Corporation is prepared to capitalize on opportunities to
increase its market share and to generate superior financial
performance to build long-term shareholder value. For more
information on Marine Products Corporation visit our website at
MarineProductsCorp.com.
For information contact:
BEN M. PALMER
Chief Financial Officer
(404) 321-7910
irdept@marineproductscorp.com
JIM LANDERS
Vice President Corporate Services
(404) 321-2162
jlanders@marineproductscorp.com
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SOURCE Marine Products Corporation