Brunswick names new Boat Group president
October 19, 2009
Filed under People
LAKE FOREST, Ill. — Brunswick has named Andrew E. Graves, 50, president of Brunswick Boat Group, the company reported in a release today. Graves most recently served as Brunswick’s president of U.S. Marine and Outboard Boats. He will now also have responsibility for the operations of Sea Ray and Meridian. Graves will continue to report to Brunswick CEO Dustan E. McCoy.
Graves joined Brunswick in 2005, originally as president of the Freshwater Group. Before coming to Brunswick, he was president of the Dresser Flow Solutions business of Dresser, Inc., a 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.
Graves’ promotion was part of a larger restructuring effort within the company. Brunswick also named Robert J. Parmentier, 48, president of Sea Ray Group, and Terry D. McNew, 47, executive vice president of product development and engineering, manufacturing and quality, concentrating on the Sea Ray, Bayliner, and Meridian brands. Both actions are effective immediately, Brunswick reported, and both Parmentier and McNew will report to Graves.
Parmentier was previously executive vice president of Sea Ray, with responsibilities including 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. McNew was most recently senior vice president of product development and engineering.
“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 said in a statement. “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.”
The company also reported that Richard C. Stone, president of Sea Ray Group, is leaving the company. Stone has led Sea Ray since 2006, and had held a number of positions since joining Brunswick in 1985.