Nautic Global Group appoints new CEO and chairman

Nautic Global Group recently appointed James R. Malone as its new CEO and chairman.

Posted on Oct. 17, 2013 at 1:00 a.m. | Updated on Oct. 17, 2013 at 3:23 p.m.

ELKHART — Nautic Global Group Inc., the fourth largest boat manufacturer in the U.S., recently appointed James R. Malone as chairman of the board of directors and chief executive officer.

Malone currently serves as the senior managing partner of Qorval, a business consulting firm he helped create, and he is on the boards of Regions Financial Corp. and Ametek Inc. He has served at five Fortune 500 companies, and has been consulting for Nautic since earlier this year.

“It’s been a very easy and natural transition,” says Malone, “and one that over the years has taken place a number of times in my career.”

Malone says that the challenge for Nautic is to maintain the vision of creating “shared values and recreation.” There are nearly 75 million recreational boaters in the U.S., according to the National Ocean Service, and Malone says that Nautic is well positioned to meet that demand. “I am very excited for the future of this company,” he said.

For more information about Nautic Global Group visit nauticglobalgroup.com or call 522-8381.

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