New CEO for Marine Concepts
Missouri-based custom-boat cover manufacturer Marine Concepts has appointed Terry McNew as its Chief Executive Officer.
Kanbrick, which acquired Marine Concepts in June 2022, announced the appointment on Wednesday (30 November 2022).
McNew previously served as CEO of MasterCraft, where he increased sales and profitability and led the company through its 2015 initial public offering. He was responsible for modernising the company’s design and manufacturing processes. He also led notable acquisitions, including Crest and NauticStar, while also launching the Aviara brand. More recently, McNew served as CEO of Klaussner Home Furnishings.
McNew assumes the role from founder Randy Kent, who remains a partner and owner in the business and focuses on product innovation and strategic partnerships.
“We’re excited to bring Terry aboard as we build a strong marine platform together,” says Kanbrick co-founder Tracy Britt Cool. “We’re aligned in our vision to develop the preeminent platform to better serve the needs of recreational boating enthusiasts, and it’s clear that Terry’s in-depth experience and passion for boating will help take Marine Concepts to the next stage.”
In his role as CEO, McNew will oversee the day-to-day operations and the company’s long-term organic growth and acquisition strategy in partnership with the Kanbrick team.
“I’m thrilled to join Marine Concepts,” McNew says. “Randy and the team have created the world’s best boat cover, and I look forward to building on its success by entering new markets, expanding our product offering, and acquiring additional high-quality after-market marine products that deliver a world-class experience for boaters.”