Malibu Boats, Inc. has announced the appointment of David S. Black as its new Chief Financial Officer effective immediately. Black, 43, brings a wealth of experience to the role, having served as the company’s Vice President of Finance since November 2023 and as the Interim CFO from April 2023 to November 2023.
In terms of fiscal 2026 guidance, Malibu anticipates net sales to be flat to down mid-single digits percentage points year-over-year, with an adjusted EBITDA margin ranging from 8% to 9%. While the company has not provided reconciliations of guidance for adjusted EBITDA margin, it cited the unreasonable efforts exception under Regulation S-K as the reason for the omission.
This announcement comes after the company's first fiscal quarter earnings release on October 30, 2025, where it first provided this guidance. Malibu Boats, Inc. remains confident in its strategic growth initiatives and is focused on driving continued success under Black's leadership.
Malibu Boats, Inc. is a leading designer, manufacturer, and marketer of recreational powerboats, including performance sport, sterndrive, and outboard boats. The company's brands include Malibu, Axis, Cobalt, Pursuit, Cobia, Pathfinder, Maverick, and Hewes. Following these announcements, the company's shares moved 2.91%, and are now trading at a price of $26.54. For more information, read the company's full 8-K submission here.
