Fountain Powerboats, Inc. Names Romersa To Top Operations Post.WASHINGTON, N.C.--(BUSINESS WIRE)--Aug. 24, 1998--In a move that launches a new phase of growth and development, Reggie Fountain, President and Chief Executive Officer, announced today that A.J. "Tony" Romersa, a 21 year marine industry veteran of the Brunswick Corp., has been appointed Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Fountain Powerboats, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FPWR FPWR Fire Precautions (Workplace) Regulations 1997 (UK) ). "Tony Romersa is uniquely qualified to help us manage the unprecedented growth we're experiencing at Fountain Powerboats," said Mr. Fountain. "Tony is one of those rare senior executives that blends manufacturing expertise with a solid background in marketing, accounting and strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. . His impact will be felt immediately in our sport and fish boat business, but he'll be especially instrumental as we branch out into the motoryacht arena, where we have just sold and launched our first 65' SuperCruiser." Romersa will handle day-to-day responsibility for Fountain's 371 employees and rapidly expanded 229,000 plus square foot manufacturing facility on the Pamlico River in Washington, N.C. Romersa will report directly to Reggie Fountain who will continue to oversee all facets of the business he founded in 1979. Romersa's 28 year business career includes a variety of senior management positions for the Brunswick Corp. and it's Mercury Marine Consumer and Vapor Divisions. As the corporate director of Brunswick's Marine Operations Planning since 1986, Romersa was actively involved in Brunswick's acquisition of Bayliner and Sea Ray and was responsible to the Vice President of Corporate Planning and Development for the strategic performance of global marine operations. Romersa earned a BSBA BSBA Bachelor of Science in Business Administration (degree) BSBA British Small Boatbuilders Association BSBA Burnt Swamp Baptist Association BSBA Bell Shoals Baptist Academy BSBA Brandenburgische Straßenbauamt degree in Marketing/Distribution from the University Maryland in 1967 and a MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration degree in Marketing/Finance from the University of Maryland University of Maryland can refer to:
Fountain Powerboats is the world leader in high performance sport and fishing boats. The company's 1999 lineup includes 16 different models that stretch from 25 to 51 feet. Fountain's 65 SuperCruiser with a 16 foot beam now has a backlog of eight orders, and over one thousand inquires in house. Fountain is currently developing both a 40' and 50' SuperCruiser.
CONTACT: Fountain Powerboats, Inc.
Joseph Schemenauer, 252/975-2000
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