CLEARWATER, Fla.--(BUSINESS WIRE)--Sep. 17, 2024--
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services company, today announced that Steven English, President of the Company’s IGY Marinas subsidiary (IGY), has been named Chief Executive Officer of IGY.
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“Steve’s extensive international experience, proven industry leadership, and deep understanding of IGY’s portfolio make him the ideal person to lead IGY into its next chapter of growth and innovation,” stated Brett McGill, Chief Executive Officer and President of MarineMax. “Since joining IGY in 2007 he has contributed significantly to its success, helping extend our global reach to 23 marinas across 13 countries. Among his key accomplishments, Steve has spearheaded IGY’s expansion into key markets such as the Cote d’Azur and the Middle East, grown our IGY Trident Program, and advanced IGY’s strategic alliances and brand worldwide.”
“Over my long association with IGY, I have had the privilege of working with a talented team dedicated to enhancing IGY’s position as the global leader in the marina industry and delivering exceptional value to our clients and partners around the world,” Mr. English said. “As CEO, I look forward to building on our success through new projects, such as IGY Savannah Harbor Marina in the United States and Sindalah Island Marina, a new luxury destination in Saudi Arabia. These and other exciting initiatives embody the next phase of IGY’s innovation and growth, and I’m thrilled to be leading that effort for MarineMax.”
Mr. English was previously a Managing Director at Island Capital Group, where he served in senior asset management, principal investment and special situations roles. He commenced his career in management consulting and has led teams that closed in excess of $10 billion of transactions. He graduated from The American University and received a Master of Business Administration jointly from HEC School of Management Paris, New York University, and the London School of Economics & Political Science.
About MarineMax
As the world’s largest lifestyle retailer of recreational boats and yachts, as well as yacht concierge and superyacht services, MarineMax (NYSE: HZO) is United by Water. We have over 125 locations worldwide, including over 75 dealerships and 65 marina and storage facilities. Our integrated business includes IGY Marinas, which operates luxury marinas in yachting and sport fishing destinations around the world; Fraser Yachts Group and Northrop & Johnson, leading superyacht brokerage and luxury yacht services companies; Cruisers Yachts, one of the world’s premier manufacturers of premium sport yachts and motor yachts; and Intrepid Powerboats, a premier manufacturer of powerboats. To enhance and simplify the customer experience, we provide financing and insurance services as well as leading digital technology products that connect boaters to a network of preferred marinas, dealers, and marine professionals through Boatyard and Boatzon. In addition, we operate MarineMax Vacations in Tortola, British Virgin Islands, which offers our charter vacation guests the luxury boating adventures of a lifetime. Land comprises 29% of the earth’s surface. We’re focused on the other 71%. Learn more at www.marinemax.com.
Forward-Looking Statement
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include IGY’s next chapter of growth and innovation and IGY’s success through new projects. These statements are based on current expectations, forecasts, risks, uncertainties, and assumptions that may cause actual results to differ materially from expectations as of the date of this release. These risks, assumptions, and uncertainties include those factors identified in the Company’s Form 10-K for the fiscal year ended September 30, 2023 and other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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Mike McLamb
Chief Financial Officer
MarineMax
727-531-1700
Scott Solomon
Sharon Merrill Advisors
(857) 383-2409
HZO@investorrelations.com
Source: MarineMax, Inc.
