Malibu Boats, Inc. Appoints Melanie Cook to Board of Directors
Malibu Boats (Nasdaq: MBUU) has appointed Melanie Cook, former Chief Operating Officer of GE Appliances, to its Board of Directors as an independent director. Cook, who brings over 30 years of leadership experience in operations and manufacturing, will serve on the Audit Committee and Nominating and Governance Committee.
Cook previously managed global operations at GE Appliances, overseeing a multibillion-dollar business with 13,000 employees. She currently serves on the boards of Commercial Vehicle Group (NASDAQ: CVGI) and Badger Meter (NYSE: BMI). The appointment comes ahead of John Stokely's retirement in October 2025, who has served on the board since 2014.
Malibu Boats (Nasdaq: MBUU) ha nominato Melanie Cook, ex Chief Operating Officer di GE Appliances, come membro indipendente del Consiglio di Amministrazione. Cook, che vanta oltre 30 anni di esperienza nella leadership operativa e manifatturiera, farà parte del Comitato di Revisione Contabile e del Comitato per la Nomina e la Governance.
In precedenza, Cook ha gestito le operazioni globali di GE Appliances, supervisionando un'attività da miliardi di dollari con 13.000 dipendenti. Attualmente è membro dei consigli di amministrazione di Commercial Vehicle Group (NASDAQ: CVGI) e Badger Meter (NYSE: BMI). La nomina avviene in vista del pensionamento di John Stokely, che ha fatto parte del consiglio dal 2014 e si ritirerà nell'ottobre 2025.
Malibu Boats (Nasdaq: MBUU) ha nombrado a Melanie Cook, ex Directora de Operaciones de GE Appliances, como directora independiente de su Junta Directiva. Cook, con más de 30 años de experiencia en liderazgo en operaciones y manufactura, formará parte del Comité de Auditoría y del Comité de Nominaciones y Gobernanza.
Cook previamente dirigió las operaciones globales de GE Appliances, supervisando un negocio multimillonario con 13,000 empleados. Actualmente es miembro de las juntas directivas de Commercial Vehicle Group (NASDAQ: CVGI) y Badger Meter (NYSE: BMI). El nombramiento se realiza antes de la jubilación de John Stokely en octubre de 2025, quien ha sido parte de la junta desde 2014.
Malibu Boats (Nasdaq: MBUU)는 GE Appliances의 전 최고운영책임자(Chief Operating Officer)인 Melanie Cook를 독립 이사로 이사회에 선임했습니다. Cook은 30년 이상의 운영 및 제조 분야 리더십 경험을 보유하고 있으며, 감사위원회와 지명 및 거버넌스 위원회에서 활동할 예정입니다.
Cook은 이전에 GE Appliances의 글로벌 운영을 관리하며 13,000명의 직원이 있는 수십억 달러 규모의 사업을 총괄했습니다. 현재 Commercial Vehicle Group(NASDAQ: CVGI)과 Badger Meter(NYSE: BMI)의 이사회에서도 활동 중입니다. 이번 임명은 2014년부터 이사회에 참여해 온 John Stokely가 2025년 10월에 은퇴할 예정임에 따른 것입니다.
Malibu Boats (Nasdaq : MBUU) a nommé Melanie Cook, ancienne directrice des opérations de GE Appliances, en tant qu'administratrice indépendante au sein de son conseil d'administration. Cook, qui possède plus de 30 ans d'expérience en leadership dans les opérations et la fabrication, siégera au comité d'audit ainsi qu'au comité de nomination et de gouvernance.
Cook a précédemment dirigé les opérations mondiales de GE Appliances, supervisant une entreprise de plusieurs milliards de dollars avec 13 000 employés. Elle siège actuellement aux conseils d'administration de Commercial Vehicle Group (NASDAQ : CVGI) et Badger Meter (NYSE : BMI). Cette nomination intervient avant la retraite de John Stokely en octobre 2025, qui siège au conseil depuis 2014.
Malibu Boats (Nasdaq: MBUU) hat Melanie Cook, ehemalige Chief Operating Officer von GE Appliances, als unabhängiges Mitglied in den Vorstand berufen. Cook bringt über 30 Jahre Führungserfahrung in den Bereichen Betrieb und Fertigung mit und wird im Prüfungsausschuss sowie im Nominierungs- und Governance-Ausschuss tätig sein.
Cook leitete zuvor die globalen Operationen bei GE Appliances und beaufsichtigte ein milliardenschweres Unternehmen mit 13.000 Mitarbeitern. Derzeit ist sie Mitglied in den Vorständen von Commercial Vehicle Group (NASDAQ: CVGI) und Badger Meter (NYSE: BMI). Die Ernennung erfolgt im Vorfeld des Ruhestands von John Stokely im Oktober 2025, der seit 2014 im Vorstand tätig ist.
- Addition of experienced executive with over 30 years in operations and manufacturing
- Strengthening of board expertise in global operations and digital transformation
- Strategic timing of appointment allowing smooth transition before current director's retirement
- None.
LOUDON, Tenn., June 24, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU), a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, announced today that Melanie Cook, former Chief Operating Officer of GE Appliances, has been appointed to the Company’s Board of Directors as an independent director, effective immediately. Ms. Cook will serve on the Audit Committee and the Nominating and Governance Committee.
“We are excited to welcome Melanie to our board,” said Michael Hooks, Chair of the Board. “Her deep operational expertise and global manufacturing background bring valuable perspective as we continue strengthening our board and advancing Malibu’s long-term strategy.”
Ms. Cook brings over three decades of leadership experience across operations, manufacturing, and business strategy. Most recently, she served as Chief Operating Officer of GE Appliances, where she managed global operations of the multibillion-dollar business and its 13,000 employees until her retirement in 2021. Prior to GE Appliances, Ms. Cook held several senior leadership roles at General Electric, overseeing audit, finance, global sourcing, and end-to-end supply chain operations, as well as leading initiatives in product lifecycle management and digital transformation across multiple industrial sectors.
Ms. Cook currently serves on the boards of directors of Commercial Vehicle Group, Inc. (NASDAQ: CVGI) and Badger Meter, Inc. (NYSE: BMI). She holds a Bachelor of Science in Business Administration with a focus in Decision and Information Sciences from the University of Florida.
“Melanie's experience leading complex manufacturing organizations and driving operational transformation will be a tremendous asset to Malibu,” said Steve Menneto, President and Chief Executive Officer of Malibu Boats, Inc. “Her insights will support our strategic priorities and help us deliver lasting value to our shareholders.”
“I am thrilled to join the Malibu’s Board of Directors,” said Ms. Cook. “The Company’s focus on performance, customer experience, and innovation strongly aligns with my background, and I look forward to contributing to its continued success.”
Ms. Cook’s appointment comes prior to John Stokely’s retirement in October 2025. Mr. Stokely has served on the Company’s board of directors since February 2014.
“On behalf of the board of directors and all of us at Malibu, we offer our thanks to John for his many contributions to our business,” said Menneto.
About Malibu Boats, Inc.
Based in Loudon, Tennessee, Malibu Boats, Inc. (MBUU) is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats. Malibu Boats, Inc. is the market leader in the performance sport boat category through its Malibu and Axis boat brands, the leader in the 20’ - 40’ segment of the sterndrive boat category through its Cobalt brand, and in a leading position in the saltwater fishing boat market with its Pursuit and Cobia offshore boats and Pathfinder, Maverick, and Hewes flats and bay boat brands. A pre-eminent innovator in the powerboat industry, Malibu Boats, Inc. designs products that appeal to an expanding range of recreational boaters, fisherman and water sports enthusiasts whose passion for boating is a key component of their active lifestyles. For more information, visit www.malibuboats.com, www.axiswake.com, www.cobaltboats.com, www.pursuitboats.com, or www.maverickboatgroup.com.
Contacts
Malibu Boats, Inc.
InvestorRelations@MalibuBoats.com
