Gary Kolstad Appointed to the Marine Products Corporation Board of Directors
Marine Products Corporation (NYSE: MPX) announced the appointment of Gary Kolstad to its Board of Directors. Kolstad brings significant leadership experience, holding a B.S. in petroleum engineering from Montana Technological University, and has served as Chairman and CEO of both public and private companies.
Marine Products Corporation, a leading manufacturer of fiberglass boats under the Chaparral and Robalo brands, produces various models including sterndrive sportboats, luxury sportboats, and outboard sport fishing vessels. The company maintains a strong capital structure and independent dealer network, positioning itself for market share growth and long-term shareholder value creation.
Marine Products Corporation (NYSE: MPX) ha annunciato la nomina di Gary Kolstad nel proprio Consiglio di Amministrazione. Kolstad porta con sé una vasta esperienza dirigenziale, possedendo una laurea in ingegneria petrolifera presso la Montana Technological University, e ha ricoperto ruoli di Presidente e Amministratore Delegato sia in aziende pubbliche che private.
Marine Products Corporation, produttore leader di imbarcazioni in fibra di vetro dei marchi Chaparral e Robalo, realizza diversi modelli tra cui barche sportive sterndrive, barche sportive di lusso e imbarcazioni da pesca sportive con motore fuoribordo. L'azienda mantiene una solida struttura finanziaria e una rete indipendente di concessionari, posizionandosi per una crescita della quota di mercato e per la creazione di valore a lungo termine per gli azionisti.
Marine Products Corporation (NYSE: MPX) anunció el nombramiento de Gary Kolstad en su Junta Directiva. Kolstad aporta una amplia experiencia en liderazgo, con una licenciatura en ingeniería petrolera de la Montana Technological University, y ha sido Presidente y CEO tanto de empresas públicas como privadas.
Marine Products Corporation, fabricante líder de barcos de fibra de vidrio bajo las marcas Chaparral y Robalo, produce diversos modelos que incluyen lanchas deportivas con motor interno, lanchas deportivas de lujo y embarcaciones deportivas de pesca con motor fuera de borda. La compañía mantiene una sólida estructura de capital y una red independiente de distribuidores, posicionándose para el crecimiento de su cuota de mercado y la creación de valor a largo plazo para los accionistas.
Marine Products Corporation (NYSE: MPX)는 Gary Kolstad를 이사회에 임명했다고 발표했습니다. Kolstad는 몬태나 공과대학교에서 석유공학 학사 학위를 받았으며, 공기업과 민간기업에서 회장 및 CEO를 역임한 풍부한 리더십 경험을 보유하고 있습니다.
Marine Products Corporation은 Chaparral과 Robalo 브랜드의 유리섬유 보트 제조를 선도하는 기업으로, 스턴드라이브 스포츠보트, 고급 스포츠보트, 외부 엔진 스포츠 낚시 보트 등 다양한 모델을 생산합니다. 회사는 견고한 자본 구조와 독립 딜러 네트워크를 유지하며, 시장 점유율 확대와 장기적인 주주 가치 창출을 목표로 하고 있습니다.
Marine Products Corporation (NYSE : MPX) a annoncé la nomination de Gary Kolstad au sein de son conseil d'administration. Kolstad apporte une expérience significative en leadership, titulaire d'un diplôme en génie pétrolier de la Montana Technological University, et a occupé les postes de président et PDG dans des entreprises publiques et privées.
Marine Products Corporation, fabricant de premier plan de bateaux en fibre de verre sous les marques Chaparral et Robalo, produit divers modèles, notamment des bateaux de sport à moteur intérieur, des bateaux de sport de luxe et des bateaux de pêche sportive à moteur hors-bord. L'entreprise dispose d'une structure financière solide et d'un réseau de concessionnaires indépendant, ce qui lui permet de se positionner pour une croissance de sa part de marché et la création de valeur à long terme pour ses actionnaires.
Marine Products Corporation (NYSE: MPX) gab die Ernennung von Gary Kolstad in den Vorstand bekannt. Kolstad bringt umfangreiche Führungserfahrung mit, verfügt über einen Bachelor-Abschluss in Erdöltechnik von der Montana Technological University und war sowohl Vorsitzender als auch CEO von börsennotierten und privaten Unternehmen.
Marine Products Corporation, ein führender Hersteller von Fiberglasbooten unter den Marken Chaparral und Robalo, produziert verschiedene Modelle, darunter Sterndrive-Sportboote, luxuriöse Sportboote und Außenbord-Sportfischerboote. Das Unternehmen verfügt über eine starke Kapitalstruktur und ein unabhängiges Händlernetz, was es gut positioniert, um Marktanteile zu gewinnen und langfristigen Wert für die Aktionäre zu schaffen.
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Richard A. Hubbell, Chairman of the Board of Marine Products Corporation stated, "Gary Kolstad's board and management experience has been beneficial to the boards on which he has served. We look forward to his contributions to our board in the years ahead."
Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brand names Chaparral and Robalo. Chaparral's sterndrive models include SSi Sportboats and SSX Luxury Sportboats, and the SURF Series. Chaparral's outboard offerings include OSX Luxury Sportboats and the SSi Outboard Bowriders. Robalo builds an array of outboard sport fishing models, which include Center Consoles, Dual Consoles and Cayman Bay Boats. The Company continues to diversify its product lines through product innovation. With these premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and generate superior financial performance to build long-term shareholder value. For more information on Marine Products Corporation visit our website at MarineProductsCorp.com.
For information about Marine Products Corporation or this event, please contact:
Michael L. Schmit
Chief Financial Officer
(404) 321-7910
irdept@marineproductscorp.com
Joshua Large
Vice President, Corporate Finance and Investor Relations
(404) 321-2152
jlarge@marineproductscorp.com
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SOURCE Marine Products Corporation
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