(ORLANDO, FLA.) Boat manufacturer Correct Craft, Inc. announced today the appointment of Bill Yeargin as president and chief executive officer (CEO) of the privately held Orlando-based company effective September 14. Yeargin succeeds former president and CEO Terry McNew who left the company in June to assume a position with Sea Ray boats. Executive search firm Lovett and Lovett of Dayton, Ohio, assisted in the selection process.
Yeargin’s professional experience includes a 20-year career with yacht manufacturer and service company Rybovich in West Palm Beach, Florida. He has held various senior management positions within the organization including his most recent role as executive vice president.
Yeargin has written two books and is a regular columnist for Soundings Trade Only. His book entitled Yeargin on Management is in its fourth edition. He also is a popular lecturer on the topics of leadership and management.
“I am excited about the opportunity to join the team at Correct Craft. Its culture and ethics are consistent with mine. I look forward to providing the leadership necessary to ensure its continued success,” Yeargin said.
Correct Craft Chairman of the Board Ken Meloon said, “Bill demonstrates strong leadership qualities that complement and enhance the great management team in place at Correct Craft. The entire Board of Directors endorses Bill as president and CEO and we are confident about the future of the company under his leadership.”
Prior to his career with Rybovich, Yeargin worked for the international accounting firm Coopers & Lybrand. He holds a Masters of Business Administration degree and is a Certified Public Accountant (CPA). He and his family will relocate to the Orlando area.
Celebrating more than 80 years of excellence in the marine industry, Correct Craft is a family-owned manufacturer of internationally acclaimed competition caliber water ski and wakeboard boats and boats for recreational enjoyment. Correct Craft, Inc. is known for superior quality product, cutting-edge technology and innovative hull designs. For more information about Correct Craft, visit www.correctcraft.com.