Malibu Boats, Inc. (MBUU), a boat manufacturer, Thursday announced that its chief financial officer, Bruce Beckman has resigned from his role, effective November 12. The company also reiterated its guidance for fiscal 2026.
He will be replaced by David Black effective immediately.
Black has served as the company's Vice President, Finance since November 2023, and was the interim finance chief as well from April 2023 to November 2023. Prior to this role, he has served as the company's Corporate Controller from November 2020 to April 2023.
Further, the company continues to expect net sales to be flat to down mid-single digits percentage points, year-over-year, and Adjusted EBITDA margin ranging from 8% to 9%.
In pre-market activity, Malibu Boats shares were trading at $26.40, down 0.53% on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.