An announcement from Malibu Boats (MBUU) is now available.
Malibu Boats, Inc. ushers in a new era of leadership with the appointment of Steven D. Menneto as CEO, effective August 5, 2024. With an extensive background in powersports vehicle manufacturing at Polaris, Inc., Menneto is set to bring his seasoned expertise to the helm. Accompanying his new role, he joins the Board as a Class II director. Financial enthusiasts will note his attractive compensation package, which includes a significant base salary, performance-based bonuses, and equity in the company, ensuring his interests align with shareholders’.
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