Posted on August 28, 2024
MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services Company, today announced the appointment of Bonnie S. Biumi to its Board of Directors, effective September 1, 2024. Ms. Biumi, 62, will also serve as chair of the Audit Committee, replacing Hilliard M. Eure III, who simultaneously will retire from the Board after 20 years of service.
Ms. Biumi brings more than 40 years of public accounting and operational leadership experience across diverse industries and an extensive corporate governance background. She most recently served as President and Chief Financial Officer of Kerzner International Resorts, Inc., a developer, owner, and operator of destination resorts, casinos, and luxury hotels. Ms. Biumi previously held senior-level financial positions at NCL Corporation, Royal Caribbean Cruises, Neff Corporation, Peoples Telephone Company, and Price Waterhouse.
Rebecca White, Chairperson of the MarineMax Board, stated, “Bonnie’s exceptional financial acumen, extensive corporate governance experience, and proven operations background complement and elevate our Board’s collective expertise. We are delighted to welcome her as our newest independent director, a strategic addition that reinforces our commitment to board refreshment, director independence and diversity. Our rigorous governance framework ensures alignment between the Company’s strategic priorities and shareholder interests as we expand our market diversification, accelerate growth, and set new industry standards for customer experiences across the recreational marine market.”
Ms. White continued, “I also want to express the Board’s deep appreciation to Hilliard for two decades of outstanding service as a Board member and valued chair of the Audit Committee.”
“I am honored to join the MarineMax board and look forward to leveraging my expertise to enhance our strategic plan,” Ms. Biumi said. “My goal is to contribute a fresh perspective and draw on my experience to help the Company build upon its 26-year legacy of leadership in the recreational marine market, positioning MarineMax for sustained growth and shareholder value creation.”
About Bonnie Biumi
Ms. Biumi has four decades of financial and operational expertise, most recently as President and Chief Financial Officer of Kerzner International Resorts, Inc. from 2007 to 2012. Prior to that, she held senior-level finance roles at NCL Corporation, Ltd. (NYSE: NCLH), Royal Caribbean Cruises, Ltd. (NYSE: RCL), Neff Corporation, Peoples Telephone Company, Inc. and Price Waterhouse. Ms. Biumi is a member of the Board of Trustees of Kite Realty Group (NYSE: KRG) and the Board of Directors of Caesars Entertainment, Inc. (NASDAQ: CZR) and serves on the Audit Committee of both organizations. In addition, she is Chair of the Audit Committee of Virgin Cruises Limited and Virgin Cruises Intermediate Limited, a privately held joint venture between the Virgin Group and Bain Capital. From 2012 to 2017, Ms. Biumi served on the Board of Directors of Isle of Capri Casinos, Inc., and from 2013 to 2015, she served on the Board of Directors of Home Properties, Inc. Ms. Biumi received a B.S. in Accounting from the University of Florida and is a certified public accountant.
About MarineMax
As the world’s largest lifestyle retailer of recreational boats and yachts, as well as yacht concierge and superyacht services, MarineMax (NYSE: HZO) is United by Water. We have over 125 locations worldwide, including over 75 dealerships and 65 marina and storage facilities. Our integrated business includes IGY Marinas, which operates luxury marinas in yachting and sport fishing destinations around the world; Fraser Yachts Group and Northrop & Johnson, leading superyacht brokerage and luxury yacht services companies; Cruisers Yachts, one of the world’s premier manufacturers of premium sport yachts and motor yachts; and Intrepid Powerboats, a premier manufacturer of powerboats. To enhance and simplify the customer experience, we provide financing and insurance services as well as leading digital technology products that connect boaters to a network of preferred marinas, dealers, and marine professionals through Boatyard and Boatzon. In addition, we operate MarineMax Vacations in Tortola, British Virgin Islands, which offers our charter vacation guests the luxury boating adventures of a lifetime. Land comprises 29% of the earth’s surface. We’re focused on the other 71%. Learn more at www.marinemax.com.
