MasterCraft COO resigns
MasterCraft said it accepted the resignation of chief operating officer Shane Chittum, effective April 1.
MasterCraft said it accepted the resignation of chief operating officer Shane Chittum, effective April 1.
MasterCraft went public last July and a financial analyst says the company is the most attractive of the 13 companies he covers in leisure space.
The board has authorized a stock repurchase program of as much as $15 million.

MIAMI — MasterCraft has enjoyed a long history since 1968, but 2015 was a noteworthy year.
Net sales increased 12.2 percent for MasterCraft in the second quarter.
MasterCraft Boat Co. was named a finalist in the IndustryWeek Best Plants awards competition for the second year running.
MasterCraft CEO Terry McNew rang the closing bell on the Nasdaq on Friday, celebrating the boatbuilder’s initial public offering.
MasterCraft, a sportboat manufacturer restructured by Wayzata Partners, announced terms for its initial public offering on Tuesday.
MasterCraft issued a brief statement, saying it “strongly denies the allegations made in the lawsuit.”
Malibu Boats filed a lawsuit against MasterCraft Boat Co. for allegedly infringing on its Surf Gate patent.
MasterCraft said it accepted the resignation of chief operating officer Shane Chittum, effective April 1.
MasterCraft went public last July and a financial analyst says the company is the most attractive of the 13 companies he covers in leisure space.
The board has authorized a stock repurchase program of as much as $15 million.

MIAMI — MasterCraft has enjoyed a long history since 1968, but 2015 was a noteworthy year.
Net sales increased 12.2 percent for MasterCraft in the second quarter.
MasterCraft Boat Co. was named a finalist in the IndustryWeek Best Plants awards competition for the second year running.
MasterCraft CEO Terry McNew rang the closing bell on the Nasdaq on Friday, celebrating the boatbuilder’s initial public offering.
MasterCraft, a sportboat manufacturer restructured by Wayzata Partners, announced terms for its initial public offering on Tuesday.
MasterCraft issued a brief statement, saying it “strongly denies the allegations made in the lawsuit.”
Malibu Boats filed a lawsuit against MasterCraft Boat Co. for allegedly infringing on its Surf Gate patent.