Corporate and Financial
Brunswick Announces New Organizational Structure to Advance Integration of Marine Operations
LAKE FOREST, Ill., Jan 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Brunswick Corporation
(NYSE: BC) announced today a new, streamlined organizational structure to
advance the integration of its marine operations.
"In our effort to be the best, as well as the largest, marine company in
the world, it is important for us to coordinate our efforts to have the best
products sold through the best distribution network, the best cost position
and a global presence across all of our marine operations. To achieve this
goal in a more focused and timely fashion, we are forming a new organizational
structure," explained Brunswick Chairman and Chief Executive Officer Dustan E.
McCoy.
Under the new structure, the company said that the heads of its boat
divisions will report directly to McCoy. In addition, Patrick C. Mackey, 60,
has been named executive vice president of Brunswick Corporation and chief
operating officer - marine. In this new position, Mackey will have functional
responsibility for sourcing, logistics, strategic bill of materials, systems
engineering, product platform development, and manufacturing excellence across
the company's marine operations. Mackey will continue to serve as president -
Mercury Marine Group.
As a result of this reorganization, Peter B. Hamilton, vice chairman of
Brunswick Corporation and president - Brunswick Boat Group, will retire from
the company at the end of this month. Hamilton has served Brunswick in a
number of capacities during his 11 years at the company, including executive
vice president and chief financial officer, president - Brunswick Bowling &
Billiards and president - Life Fitness Division, before assuming his current
role.
"I want to thank Peter for his innumerable contributions over the years.
He has helped to build Brunswick into the leading company it is today, and all
of us in the Brunswick family wish him the best," McCoy added.
About Brunswick
Headquartered in Lake Forest, Ill., Brunswick Corporation endeavors to
instill "Genuine Ingenuity"(TM) in all its leading consumer brands, including
Mercury and Mariner outboard engines; Mercury MerCruiser sterndrives and
inboard engines; MotorGuide trolling motors; Teignbridge propellers; MotoTron
electronic controls; Albemarle, Arvor, Baja, Bayliner, Bermuda, Boston Whaler,
Cabo Yachts, Crestliner, HarrisKayot, Hatteras, Laguna, Lowe, Lund, Maxum,
Meridian, Ornvik, Palmetto, Princecraft, Quicksilver, Savage, Sea Boss, Sea
Pro, Sea Ray, Sealine, Triton, Trophy, Uttern and Valiant boats; Attwood
marine parts and accessories; Land 'N' Sea, Kellogg Marine, Diversified Marine
and Benrock parts and accessories distributors; IDS dealer management systems;
Life Fitness, Hammer Strength and ParaBody fitness equipment; Brunswick
bowling centers, equipment and consumer products; Brunswick billiards tables;
and Valley-Dynamo pool, Air Hockey and foosball tables. For more information,
visit http://www.brunswick.com .
SOURCE: Brunswick Corporation
Dan Kubera, Director - Media Relations and Corporate Communications of Brunswick
Corporation, +1-847-735-4617
http://www.brunswick.com
