Malibu Boats appoints Menneto as CEO

Malibu Boats (MBUU) announced the appointment of Steven Menneto as its new Chief Executive Officer, CEO, effective August 5, 2024. Menneto will also join Malibu Boats’ Board of Directors, which will increase from nine to ten members. In connection with Menneto’s appointment, the Office of the CEO, consisting of Ritchie Anderson, the Company’s President, as well as Michael Hooks, the Chair of the Board, will end. Hooks will remain Board Chair and Mr. Anderson will remain President of the Company. Menneto joins Malibu Boats from Polaris (PII), where he was most recently President of the Off-Road Vehicle Division.