Malibu Boats says president to retire, shares fall

Malibu Boats

29/11/2024 13:19

** Shares of Recreational boat maker Malibu Boats  MBUU.O 
down 1.5% at $43 in light premarket trading
    ** Co announces President Ritchie Anderson will retire
effective Feb. 7, 2025
    ** Upon Anderson’s retirement, CEO Steve Menneto will take
over as President of the MBUU 
    ** Donna Tallent, Senior Vice President of Operations, will
assume leadership for co's operations - MBUU
    ** Upto last close, shares down ~21% YTD
   

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.Chaudhary@thomsonreuters.com))