Malibu Boats, Inc. Appoints Joan M. Lewis as Member of the Board, Member of the Nominating and Governance Committee and Compensation Committee of the Board
July 18, 2019 at 04:18 pm EDT
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On July 16, 2019, the Board of Directors of Malibu Boats, Inc. increased the size of the Board from eight to nine members and appointed Joan M. Lewis as a member of the Board, to serve as a Class II director, until the company's 2021 annual meeting of stockholders and until her successor is duly elected and qualified. Ms. Lewis was also appointed to serve as a member of the Nominating and Governance Committee and Compensation Committee of the Board. Ms. Lewis, 53, serves on the boards of several private companies and is an independent consultant to product/service companies and fast-growing technology start-ups. Previously she was Senior Vice President, Consumer and Market Knowledge of The Procter & Gamble Company.
Malibu Boats, Inc. is a designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport boats, sterndrive and outboard boats. The Company's brands include Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes and Cobalt. The Companyâs Malibu segment includes manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Company's product portfolio of premium brands is used for a broad range of recreational boating activities including, among others, water sports, general recreational boating and fishing. The Companyâs Saltwater Fishing segment is engaged in manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group boats (Maverick, Cobia, Pathfinder and Hewes). The Companyâs Cobalt segment is engaged in manufacturing, distribution, marketing and sale of Cobalt boats throughout the world.
Malibu Boats, Inc. Appoints Joan M. Lewis as Member of the Board, Member of the Nominating and Governance Committee and Compensation Committee of the Board