MarineMax Management

Management criteria checks 3/4

MarineMax's CEO is William McGill, appointed in Oct 2017, has a tenure of 6.58 years. total yearly compensation is $6.01M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth €4.09M. The average tenure of the management team and the board of directors is 5.8 years and 9 years respectively.

Key information

William McGill

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage	16.2%
CEO tenure	6.6yrs
CEO ownership	0.8%
Management average tenure	5.8yrs
Board average tenure	9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has William McGill's remuneration changed compared to MarineMax's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$62m
Dec 31 2023	n/a	n/a	US$91m
Sep 30 2023	US$6m	US$975k	US$109m
Jun 30 2023	n/a	n/a	US$133m
Mar 31 2023	n/a	n/a	US$158m
Dec 31 2022	n/a	n/a	US$182m
Sep 30 2022	US$5m	US$815k	US$198m
Jun 30 2022	n/a	n/a	US$192m
Mar 31 2022	n/a	n/a	US$182m
Dec 31 2021	n/a	n/a	US$167m
Sep 30 2021	US$4m	US$740k	US$155m
Jun 30 2021	n/a	n/a	US$148m
Mar 31 2021	n/a	n/a	US$123m
Dec 31 2020	n/a	n/a	US$89m
Sep 30 2020	US$3m	US$650k	US$75m
Jun 30 2020	n/a	n/a	US$56m
Mar 31 2020	n/a	n/a	US$40m
Dec 31 2019	n/a	n/a	US$40m
Sep 30 2019	US$2m	US$520k	US$36m
Jun 30 2019	n/a	n/a	US$41m
Mar 31 2019	n/a	n/a	US$39m
Dec 31 2018	n/a	n/a	US$40m
Sep 30 2018	US$1m	US$396k	US$39m
Jun 30 2018	n/a	n/a	US$32m
Mar 31 2018	n/a	n/a	US$29m
Dec 31 2017	n/a	n/a	US$25m
Sep 30 2017	US$1m	US$360k	US$24m

Compensation vs Market: William's total compensation ($USD6.01M) is above average for companies of similar size in the German market ($USD1.04M).

Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.

CEO

William McGill (55 yo)

6.6yrs

Tenure

US$6,006,138

Compensation

Mr. William Brett McGill is the Chief Executive Officer of MarineMax, Inc. since October 1, 2018 and has been its President since October 01, 2017 and serves as its Director since February 21, 2019. He was...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William McGill	Executive Chairman	26.2yrs	US$2.62m	0.74% $ 3.8m
William McGill	CEO, President & Director	6.6yrs	US$6.01m	0.79% $ 4.1m
Michael McLamb	Executive VP	26.3yrs	US$1.96m	0.44% $ 2.2m
Charles Cashman	Executive VP & Chief Revenue Officer	7.6yrs	US$1.77m	0.29% $ 1.5m
Kyle Langbehn	Executive VP & President of Retail Operations	3.8yrs	US$1.93m	0.17% $ 857.3k
Anthony Cassella	Executive VP of Finance & Chief Accounting Officer	9.6yrs	US$715.13k	0.042% $ 217.8k
Manny Alvare	Vice President of Legal Affairs	2.6yrs	no data	no data
Shawn Berg	Executive VP & Chief Digital Officer	5.1yrs	no data	0.049% $ 252.5k
Beth Garland	Senior Vice President of People Strategy	3.3yrs	no data	no data

5.8yrs

Average Tenure

58yo

Average Age

Experienced Management: MLW's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William McGill	Executive Chairman	26.2yrs	US$2.62m	0.74% $ 3.8m
William McGill	CEO, President & Director	5.3yrs	US$6.01m	0.79% $ 4.1m
Michael McLamb	Executive VP	20.5yrs	US$1.96m	0.44% $ 2.2m
Evelyn Follit	Independent Director	8.7yrs	US$225.50k	0.18% $ 935.0k
George Borst	Independent Director	8yrs	US$227.50k	0.14% $ 718.8k
Charles Oglesby	Independent Director	11.9yrs	US$140.00k	0.16% $ 801.7k
G. Moore	Lead Independent Director	9.4yrs	US$270.00k	0.092% $ 475.0k
Hilliard Eure	Independent Director	19.4yrs	US$379.25k	0.12% $ 596.7k
Joseph Watters	Independent Director	18.6yrs	US$235.00k	0.44% $ 2.3m
Rebecca White	Independent Director	6yrs	US$218.88k	0.12% $ 606.2k
Adam Johnson	Independent Director	2.7yrs	US$140.00k	0.066% $ 341.1k
Mercedes Romero	Independent Director	1.6yrs	no data	0.035% $ 181.0k

9.0yrs

Average Tenure

75yo

Average Age

Experienced Board: MLW's board of directors are considered experienced (9 years average tenure).

MarineMax Management

Management criteria checks 3/4

Key information

Recent management updates

Lead Independent Director recently sold €114k worth of stock

Insider recently sold €149k worth of stock

Executive VP & Chief Revenue Officer recently sold €207k worth of stock

MarineMax, Inc., Annual General Meeting, Feb 22, 2024

Executive VP & Chief Revenue Officer recently sold €331k worth of stock

VP & Chief Accounting Officer recently sold €145k worth of stock

Recent updates

Second quarter 2024 earnings released: EPS: US$0.071 (vs US$1.37 in 2Q 2023)

MarineMax, Inc. to Report Q2, 2024 Results on Apr 25, 2024

Lead Independent Director recently sold €114k worth of stock

MarineMax, Inc. (NYSE:HZO) announces an Equity Buyback for $100 million worth of its shares.

Insider recently sold €149k worth of stock

Executive VP & Chief Revenue Officer recently sold €207k worth of stock

Investor sentiment deteriorates as stock falls 15%

New minor risk - Shareholder dilution

First quarter 2024 earnings released: EPS: US$0.042 (vs US$0.91 in 1Q 2023)

MarineMax, Inc. to Report Q1, 2024 Results on Jan 25, 2024

MarineMax, Inc. (NYSE:HZO) entered into a definitive agreement to acquire Williams Tenders Usa, Inc.

MarineMax, Inc., Annual General Meeting, Feb 22, 2024

New minor risk - Shareholder dilution

Full year 2023 earnings released: EPS: US$5.00 (vs US$9.12 in FY 2022)

MarineMax, Inc. to Report Q4, 2023 Results on Oct 26, 2023

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: US$2.03 (vs US$3.26 in 3Q 2022)

MarineMax, Inc. to Report Q3, 2023 Results on Jul 27, 2023

Now 22% undervalued

MarineMax, Inc.(NYSE:HZO) dropped from Russell 2000 Growth Index

Investor sentiment improves as stock rises 16%

MarineMax, Inc. (NYSE:HZO) acquired C&C Boat Works from Brad Nelson and family.

Second quarter 2023 earnings released: EPS: US$1.37 (vs US$2.45 in 2Q 2022)

Investor sentiment deteriorates as stock falls 15%

Executive VP & Chief Revenue Officer recently sold €331k worth of stock

VP & Chief Accounting Officer recently sold €145k worth of stock

Lead Independent Director recently sold €141k worth of stock

First quarter 2023 earnings released: EPS: US$0.91 (vs US$1.64 in 1Q 2022)

MarineMax, Inc. to Report Q1, 2023 Results on Jan 26, 2023

MarineMax, Inc., Annual General Meeting, Feb 23, 2023

Marinemax, Inc. Elects Mercedes Romero as A New Director

MarineMax, Inc. (NYSE: HZO) acquired Midcoast Construction Enterprises, LLC

Full year 2022 earnings released: EPS: US$9.12 (vs US$7.04 in FY 2021)

Full year 2022 earnings released: EPS: US$9.12 (vs US$7.04 in FY 2021)

MarineMax, Inc. Provides Earnings Guidance for the Fiscal Year of 2023

MarineMax, Inc. to Report Q4, 2022 Results on Oct 27, 2022

Marinemax, Inc. Announces Executive Appointments

Marinemax, Inc. Announces Appointment of Mercedes Romero to Board of Directors, Effective October 1, 2022

Independent Director recently sold €150k worth of stock

Independent Director recently sold €122k worth of stock

MarineMax, Inc. (NYSE:HZO) entered into a definitive agreement to acquire Island Global Yachting LLC from Island Capital Group LLC and others for approximately $580 million.

Third quarter 2022 earnings released: EPS: US$3.26 (vs US$2.69 in 3Q 2021)

MarineMax, Inc. Revises Earnings Guidance for the Fiscal Year 2022

MarineMax, Inc. to Report Q3, 2022 Results on Jul 28, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$2.45 (vs US$1.76 in 2Q 2021)

Insufficient new directors

MarineMax, Inc. to Report Q2, 2022 Results on Apr 28, 2022

Insufficient new directors

Lead Independent Director recently sold €177k worth of stock

Insufficient new directors

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

MarineMax, Inc. Revises Earnings Guidance for the Fiscal Year 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS US$7.04 (vs US$3.46 in FY 2020)

MarineMax, Inc. Elects Adam M. Johnson to Its Board of Directors

MarineMax, Inc. Raises Earnings Guidance for the Year 2021

Third quarter 2021 earnings released: EPS US$2.69 (vs US$1.63 in 3Q 2020)

MarineMax, Inc. (NYSE:HZO) acquired Nisswa Marine, Inc.

MarineMax, Inc. (NYSE:HZO) acquired KCS International Inc. for $63 million.

MarineMax, Inc. Raises the Earnings Guidance for the Fiscal Year 2021

Second quarter 2021 earnings released: EPS US$1.76 (vs US$0.23 in 2Q 2020)

Investor sentiment improved over the past week

New 90-day high: €40.60

Independent Director recently sold €425k worth of stock

First quarter 2021 earnings released: EPS US$1.07 (vs US$0.42 in 1Q 2020)

Revenue beats expectations

MarineMax, Inc. Revises Earnings Guidance for the Year 2021

New 90-day high: €40.40