MarineMax, Inc. (NYSE: HZO) has announced the appointment of Charles A. Cashman, the company’s Chief Revenue Officer, as Senior Vice President of Global Yacht Sales. This strategic move is aimed at driving continued growth within MarineMax’s expanding yacht and superyacht business.
Since joining MarineMax in 1992, Mr. Cashman has served in various roles, including Vice President of East Operations and Executive Vice President of Sales, Marketing, and Manufacturer Relations before advancing to Chief Revenue Officer in 2016. In his new position, he will lead yacht sales strategy, execution, and performance, driving sustained growth across brands, regions, and customer segments.
Under Mr. Cashman's leadership, MarineMax aims to deliver integrated sales and marketing initiatives, strengthen team capabilities through targeted development, and foster a consistent, high-performance culture across its global sales organization. This appointment is expected to further enhance the company's ability to capture new opportunities and deliver exceptional value to its clients and partners worldwide.
MarineMax, known as the world’s largest recreational boat and yacht retailer, marina operator, and superyacht services company, has over 120 locations worldwide, including over 70 dealerships and over 65 marina and storage facilities. The company's integrated business includes IGY Marinas, Fraser Yachts Group, Northrop & Johnson, Cruisers Yachts, and Intrepid Powerboats.
The company also provides financing and insurance services, as well as leading digital technology products that connect boaters to a network of preferred marinas, dealers, and marine professionals through Boatyard and BoatZon. Additionally, MarineMax operates MarineMax Vacations in Tortola, British Virgin Islands, offering charter vacation guests luxury boating adventures.
This strategic leadership expansion comes as the company continues to broaden its global yacht sales organization and aims to strengthen its client relationships while advancing its leadership in the global yacht and superyacht markets. Following these announcements, the company's shares moved 0.0%, and are now trading at a price of $25.50. If you want to know more, read the company's complete 8-K report here.