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Malibu Boats Inc (MBUU.OQ)

MBUU.OQ on NASDAQ Stock Exchange Global Market

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Summary

Name Age Since Current Position

Michael Hooks

56 Chairman of the Board

Jack Springer

56 Chief Executive Officer, Director

Wayne Wilson

37 2009 Chief Financial Officer

William St. Clair

52 2017 President of Cobalt Boats, LLC, Director

Ritchie Anderson

52 2013 Chief Operating Officer

Deborah Kent

53 2013 Vice President - Human Resources

Dan Gasper

55 2013 Vice President - Product Design

James Buch

63 2014 Independent Director

Ivar Chhina

54 2014 Independent Director

Michael Connolly

51 2014 Independent Director

Phillip Estes

58 2017 Independent Director

Mark Lanigan

57 2017 Independent Director

Peter Murphy

54 2014 Independent Director

John Stokely

64 2014 Independent Director

Biographies

Name Description

Michael Hooks

Mr. Michael K. Hooks is the Chairman of the Board of the Company. He was a co-founder and has been a managing director of Black Canyon Capital LLC since 2004. Previously, Mr. Hooks was a co-head of the Los Angeles office of Credit Suisse First Boston and a managing director in the Los Angeles office of Donaldson, Lufkin & Jenrette. Mr. Hooks also serves on the board of directors of JDC Healthcare Management, which is a private company. He previously served on the boards of directors of Saunders & Associates, TASI Holdings, Virgin America, Logan’s Roadhouse and Switchcraft, as well as the Supervisory Board of Pfeiffer Vacuum Technology, at the time a public company listed on the New York Stock Exchange. Mr. Hooks received a degree in Economics from Princeton University and an M.B.A. with distinction from the Wharton School of Business.

Jack Springer

Mr. Jack D. Springer is the Chief Executive Officer, Director of the Company. Mr. Springer was our interim Chief Executive Officer beginning in May 2009 and became our Chief Executive Officer in February 2010. From June 2003 to February 2010, Mr. Springer was a partner and managing director with Qorval, LLC, a private consultancy that provides strategic leadership and executive management across various industries. As a result of his role with Qorval, Mr. Springer has served as Chief Executive Officer at Diamondback Tactical LLP, a manufacturer of tactical armor systems for federal, state and local law enforcement agencies and defense contractors, as Chief Restructuring Officer of American Plastics, Inc., a thermoform plastics manufacturer for the restaurant and hospitality industry and as interim Chief Executive Officer of Allen White Inc., a furniture manufacturer and wholesaler. While at Qorval, Mr. Springer was also Chief Integration Officer at Nautic Global Group from 2004 to 2007, during which time he was responsible for the integration of two boat manufacturers. Mr. Springer received a B.A. in Accountancy from the University of Texas of the Permian Basin.

Wayne Wilson

Mr. Wayne R. Wilson is the Chief Financial Officer of the Company. Mr. Wilson served on the LLC’s executive board. Prior to joining Malibu Boats, Mr. Wilson was a vice president of Black Canyon Capital LLC where he was employed since its founding in 2004. While at Black Canyon Capital, he was responsible for due diligence and execution of numerous acquisitions and financings. Prior to joining Black Canyon Capital, Mr. Wilson was an investment banker at Credit Suisse First Boston, where he gained experience advising and financing companies across a range of industries. Mr. Wilson received a B.A. in Business Economics from the University of California, Los Angeles.

William St. Clair

Mr. William Paxson St. Clair, Jr. is President of Cobalt Boats, LLC, Director of the company. Mr. St. Clair has served as President of Cobalt Boats, LLC, our wholly owned subsidiary since our acquisition of Cobalt in July 2017 and was appointed to our Board of Directors effective upon the consummation of our acquisition of Cobalt. He was chief executive officer of Cobalt from 2006 until our acquisition of Cobalt in July 2017. Prior to that he served in various roles at Cobalt including as president and chief operating officer from 2000 until 2006, vice president and general manager from 1998 until 2000, vice president of sales and marketing from 1993 until 1998 and as national sales manager from 1990 until 1993. He currently serves as a director of HydroHoist Boat Lift, a private company that manufactures boat lifts, pedestal parts and other boat accessories, the Kansas Chamber of Commerce and Industry and the National Marine Manufacturers Association. Mr. St. Clair graduated with a B.A. in Liberal Arts and Sciences from the University of Kansas. Based on his perspective and experience as Cobalt’s chief executive officer, as well as his depth of experience in the boat manufacturing industry, we believe Mr. St. Clair is qualified to serve on our Board of Directors.

Ritchie Anderson

Mr. Ritchie L. Anderson is the Chief Operating Officer of the Company. Mr. Anderson has served as our Chief Operating Officer since September 2013 and joined Malibu Boats in July 2011 as our Vice President of Operations. Prior to joining Malibu Boats, Mr. Anderson was Vice President of Operations at MasterCraft Boat Company, where he spent 28 years in production management. While at MasterCraft, he held various roles in operations that included management responsibility for manufacturing, supply chain, quality, customer service, environmental and safety. Mr. Anderson has 30 years of experience in the boat manufacturing industry.

Deborah Kent

Ms. Deborah S. Kent is the Vice President - Human Resources of the Company. Ms. Kent was Vice President of Human Resources at IdleAire, Inc., a company that provides in-cab services to truckers through centralized systems at truck stops around the United States, where she began serving as the Director of Employment and Employee Relations in 2004. Ms. Kent received a B.S. in Education from East Central University and a M.S. in Adult Education from the University of Central Oklahoma.

Dan Gasper

Mr. Dan L. Gasper is the Vice President - Product Design of the Company. Mr. Gasper joined Malibu Boats in 1988 and has worked in manufacturing, quality, engineering and design. He has been designing our products for nearly 25 years and has led our design efforts for over a decade.

James Buch

Mr. James R. Buch is an Independent Director of the Company. He served as president and chief executive officer of Lynx Grills, a manufacturer of grills and outdoor kitchen products for residential consumers. In 2011 and 2012, Mr. Buch was interim president and chief executive officer of Sunbrite TV, a manufacturer of high-definition televisions, and he was a consultant and operating advisor to various private equity and investment firms from 2008 to 2010, assisting businesses on multiple fronts, including growth strategies, restructuring and business model assessment. Mr. Buch has also served and continues to serve on board and advisory councils for a number of private and nonprofit organizations. He received a bachelor’s degree and an M.B.A. from California State University—Fullerton.

Ivar Chhina

Mr. Ivar S. Chhina is an Independent Director of the Company. He served as the chief financial officer and executive vice president for Recreational Equipment, Inc., a national retailer of recreational equipment and apparel, and previously served on its board from 2006 to 2009, where he was chair of its audit and finance committee as well as board vice chair. From 2001 to 2007, Mr. Chhina was chairman and chief executive officer, and previously chief operating officer and chief restructuring officer of Interdent, Inc., a health care services company. From 1991 to 2001, Mr. Chhina held senior executive, finance and operational roles with several portfolio companies of Mehta & Company, a private equity firm for which he was an operating partner and is currently a venture partner. Mr. Chhina also serves on the board of Northwestern Management Services LLC, as an advisor to the managing member of JDC Management, LLC, on the board of directors of Spring & Sprout Dental Support Services, LLC, on the board of directors of Stat Health Holding, LLC, on the board and audit and finance committee of the Pacific Science Center, and as a director and past chair of the finance committee of the Washington chapter of The Nature Conservancy, all of which are private or not-for-profit companies. Previously, he held executive positions and directorships with several companies and has served on and chaired boards and committees of charitable and educational entities. Mr. Chhina received an M.A. in international policy studies from the Middlebury College Monterey Institute and a dual B.A. in economics and political science from the University of Nevada—Reno.

Michael Connolly

Mr. Michael J. Connolly is an Independent Director of the Company. He is a founding partner of Breakaway Capital Partners, LLC, a private investment fund raised to provide debt and structured equity capital to lower middle market companies. In addition, Mr. Connolly is chief executive officer and sole director of Motorini, Inc., which operates a motorcycle dealership and service provider. From 2007 to 2013, he was a partner with Leonard Green & Partners, L.P., a private equity firm. Previously, Mr. Connolly was an investment banker at UBS Securities, LLC and served as managing director and co-head of the Los Angeles investment banking office, and a senior vice president at Donaldson, Lufkin and Jenrette. He is also on the boards of Cascade Bancorp (NASDAQ: CACB) and FP Holdings, LP, a private company, is a director, Chairman of the Board Loan Committee and member of the compensation and audit committees of Cascade Bancorp, and is a member of the emeritus board of the Los Angeles Regional Food Bank. He received a bachelor’s degree from the University of California—Berkeley.

Phillip Estes

Mr. Phillip S. Estes is an Independent Director of the Company. Mr. Estes also serves on the boards of Horizon Food Group, Inc., California Optical Corp., Healthy Food Ingredients, Inc., Modify Industries, Inc. and Bandworks, all of which are private companies. He has also served on the board of the National Marine Manufacturers Association (“NMMA”), a boating industry trade association, since 2007. Prior to founding Horizon Holdings, Mr. Estes was a vice president in the corporate finance department of Drexel Burnham Lambert. He received an M.B.A. from Harvard Business School and a B.S. from the University of Oklahoma.

Mark Lanigan

Mr. Mark W. Lanigan is anIndependent Director of the Company. Mr. Lanigan has also been a consultant with Tailwind Capital, a private equity firm, since 2015. Mr. Lanigan was formerly a co-head of the Los Angeles office and a member of the Investment Banking Executive Board of Credit Suisse First Boston and head of the Los Angeles office of Donaldson, Lufkin & Jenrette. He also serves on the boards of directors of JDC Healthcare Management and LRW Holdings, LLC, which are both private companies, and previously served on the boards of directors of Virgin America, Archway Marketing Services, TASI Holdings, Inc. and Saunders & Associates. Mr. Lanigan graduated summa cum laude, Phi Beta Kappa with a degree in Economics from Colgate University and received a J.D. degree from Harvard Law School and an M.B.A. from Harvard Business School.

Peter Murphy

Mr. Peter E. Murphy is an Independent Director of the Company. He is the founder and chief executive officer of Wentworth Capital Management, a private investment and venture capital firm focused on media, technology and branded consumer businesses. From 2009 to 2011, he served as president of strategy & development of Caesars Entertainment, where he was responsible for corporate strategy and growth, mergers and acquisitions, corporate development and real estate development around the world. From 2007 to 2008, Mr. Murphy served as an operating partner at Apollo Global Management and, prior to that, he spent 18 years in senior executive roles with The Walt Disney Company, including chief strategic officer of Disney and chief financial officer of ABC, Inc. Mr. Murphy is currently a board member and chairman of the audit committee of Tribune Media (NYSE: TRCO) and is a board advisor to DECA TV. He has previously served as chairman of the board of Revel Entertainment and on the boards of Dial Global and Fisher Communications. Mr. Murphy received an M.B.A. from the Wharton School of Business and a bachelor’s degree, magna cum laude and Phi Beta Kappa, from Dartmouth College.

John Stokely

Mr. John E. Stokely is an Independent Director of the Company. He has been the lead independent director of Pool Corporation (NASDAQ: POOL) since 2000. In addition, Mr. Stokely was president, chief executive officer and chair of the board of Richfood Holdings, Inc., a food retailer and wholesale grocery distributor, and served as president of JES, Inc., an investment and consulting firm. Mr. Stokely is also a member of the audit committee and chair of the governance committee of Pool Corporation. Previously, he also served on the boards and committees of a number of other publicly traded companies, including ACI Worldwide, Inc., AMF Bowling, Imperial Sugar Company (which was previously a publicly traded company), O’Charley’s Inc., Performance Food Group and Nash-Finch Company. Mr. Stokely received a bachelor’s degree from the University of Tennessee.

Basic Compensation

Name Fiscal Year Total

Michael Hooks

124,991

Jack Springer

1,949,390

Wayne Wilson

1,013,760

William St. Clair

--

Ritchie Anderson

984,225

Deborah Kent

105,926

Dan Gasper

165,698

James Buch

124,991

Ivar Chhina

134,991

Michael Connolly

124,991

Phillip Estes

124,991

Mark Lanigan

124,991

Peter Murphy

134,991

John Stokely

124,991
As Of  30 Jun 2017