Mark D. Schwabero assumes the role of president and chief operating officer at Brunswick Corporation and John Pfeifer will now head Mercury Marine.

Schwabero will report to Dustan E. McCoy, chairman and chief executive officer.  Schwabero, most recently president of Brunswick’s Mercury Marine engine segment, will be succeeded by John C. Pfeifer, who had been vice president – global operations for Mercury Marine. These promotions are effective immediately.

As part of this action and to further facilitate the Company’s long-term succession process, Brunswick Boat Group (BBG) President Andrew E. Graves will be leaving the Company. Graves’ direct reports – Jeff Behan, vice president – planning and business development; Boston Whaler President Huw Bower, Freshwater Group President Jeff Kinsey, and Recreation Boat Group President Tim Schiek – will now report to Schwabero.
In his new position, Schwabero will be responsible for all of Brunswick’s day-to-day operations, with the leadership of the Company’s four business segments including engine, boat, fitness and bowling & billiards.

 “An important responsibility of our Board of Directors is to ensure that we have a deep and robust succession process. Today’s announcement reflects the quality of that process,” said McCoy.  “Mark is an accomplished executive who is intimately familiar with Brunswick’s markets, particularly those in the marine segment from which the company derives the majority of its sales and earnings. The role of chief operating officer positions Mark to better learn and actively manage Brunswick’s overall operation and each of its business segments and to develop and execute our strategic imperatives.”

“John Pfeifer is taking the helm of a Mercury Marine organization that is strong and vibrant and building upon the momentum of a number of recent new products and engine innovations,” said McCoy. “John has been an integral member of Mercury’s leadership team, helping to fashion an energized organization that is setting the pace in today’s global marine marketplace.

“In conclusion, the fact that we can adopt and staff such an organization structure totally from within our management ranks is testimony to the depth, talent and bench strength that we have fashioned through the years at Brunswick,” said McCoy. “We will miss Andy Graves, and we wish him the best and thank him for his contributions.”