The Brunswick Corporation (NYSE: BC) Board of Directors has elected CEO David M. Foulkes as chairman of the board, effective March 1.
Non-Executive Board Chair Nancy E. Cooper will remain on the Brunswick Board and current Board member David E. Everitt will assume the role of Lead Independent Director.
“The Board concluded that combining the Board Chair and CEO role at this point in time is in the best interests of the company to drive execution of our strategic plan and we are pleased to appoint Dave as Brunswick’s Chairman,” said Cooper. During his tenure as CEO, Dave has positioned the Company for sustained growth and resilience, as well as successfully navigating a very dynamic environment. His innovative thinking and proven executional excellence make him the ideal steward to take on the Board Chair position in addition to his role as CEO.”
"I am honored to take on the Board Chair role at Brunswick and want to thank the Board for the confidence they have placed in me," said Foulkes. "I also want to thank Nancy for her outstanding leadership over the past five years as our Board Chair. I look forward to continuing to work with the Board, our outstanding Brunswick leadership team, and our talented global workforce as we continue to chart the exciting future of our company and our industry.”
Foulkes was appointed Chief Executive Officer and a member of the Board of Brunswick Corporation in January 2019. Prior to his CEO role, Foulkes served as President, Brunswick Consumer Solutions as well as Brunswick’s Chief Technology Officer. Foulkes joined Brunswick in 2007 and led Mercury Marine’s product development for ten years as well as leading the Mercury Racing business.
