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Pinellas boat giant backs CEO amid activist investor's 'failed management' accusations
Summary by Business Observer
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1 Articles
Pinellas boat giant backs CEO amid activist investor's 'failed management' accusations
____________Bottom lineKey takeaway: An activist investor that made a $1.1 billion offer to buy MarineMax, a Pinellas County publicly traded firm, also seeks to have the CEO, Brett McGill — son of the co-founder, Bill McGill — replaced. Core challenge: The investor Santa Monica, California-based Donerail Group and the board of Oldsmar-based MarineMax offer differing accounts of the firms recent fiscal and management performance. What's next: A …
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