I do not know anything about the inner workings at CC, but from someone with pretty decent knowledge regarding the management and leadership of a decently large company, I must say that Yeargin is doing a TERRIFIC job. I'm sure there are others within CC who deserve credit also, but the buck ultimately stops with the CEO. Yes, I'm bias to CC (although I have owned a MC before), but he has made some terrific moves. CC now has the #1 performing slalom boat and wakeboard boat on the market - which appears to have led to a large increase in sales (and probably margins). Evidence of that can be seen in the number of people switching from other brands to the 200 or G23. They're obviously selling more than they can build because now they're adding to their workforce. They also timed the move very well, with a moderately improving economy - especially for those who can afford a CC. The moves into the cable park world (BSR being the latest deal) are genius also in my opinion. Although that segment of the sport is starting from a smaller base (at least in the U.S.), its rate of growth is tremendous, and CC appears to be an early mover on this.
Lack of innovation is the death of a Company, and CC has appeared to stay at the absolute forefront.
I wish I could buy some stock in CC - although I believe a publicly traded CC would be a VERY bad idea.
Lack of innovation is the death of a Company, and CC has appeared to stay at the absolute forefront.
I wish I could buy some stock in CC - although I believe a publicly traded CC would be a VERY bad idea.
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