Correct Craft CEO Bill Yeargin to step down in 2026
Image courtesy of Correct Craft.
Correct Craft’s president and chief executive, Bill Yeargin, has announced plans to step down in spring 2026. The US-based company’s board, which includes Yeargin, has begun executing its succession plan. The next CEO will be named once a successor is chosen, which is expected in the coming months.
Yeargin became CEO in September 2006, at a time when Correct Craft had undergone frequent leadership changes, having had five CEOs in five years. Since then, the company has expanded substantially. In 2023, it reached its target of becoming a billion-dollar enterprise. During Yeargin’s time as CEO, the company reports it has grown more than twentyfold.
“I have thoroughly enjoyed leading Correct Craft”, says Yeargin. “Any success we have had has resulted from a wonderful team who has joined me on this journey; we have done some amazing things together.
“As I transition to another stage of my career, Correct Craft and its team will have my full support. I have said many times that an important part of my legacy will be the Correct Craft team’s ability to continue succeeding long after I am gone, and I will do everything I can to support them.”
Yeargin is also a business leader and author who has written six books. He currently chairs the board of the National Marine Manufacturers Association (NMMA).
Correct Craft, a 100-year-old company with global operations, includes various subsidiaries across the boating and marine sectors. These cover multiple boat and engine brands, water sports parks and operations focused on vertical integration and innovation. Its manufacturing footprint spans several US locations and the company distributes to around 70 countries.
Correct Craft’s brands include Nautique, Centurion, Supreme, Bass Cat, Yar-Craft, SeaArk, Parker and Revel. It also owns Pleasurecraft Engine Group, Indmar Marine Engines, Velvet Drive Transmissions, Ingenity Electric, Mach Connections, Merritt Precision, Osmosis, Watershed Innovation and Aktion Parks.
