Malibu Boats announced that Jack Springer will be departing as Chief Executive Officer, CEO, on or before May 17, 2024. The Company also announced that Ritchie Anderson, the Company’s current Chief Operating Office, COO, has been promoted to President, effective immediately. Michael Hooks, Malibu’s current Chair, will assume the role of Executive Chair, effective immediately, until a new CEO is announced. Springer will resign as a Director of Malibu’s Board of Directors upon his departure as CEO. If a new CEO has not been appointed at the time of Springer’s departure, an interim Office of the CEO, including Mr. Anderson and Mr. Hooks, has been established and will assume the role of CEO.
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