Michael J. Connolly is an Independent Director of the Company. Mr. Connolly became a member of our Board of Directors in 2014 in connection with the IPO. He is a founding partner of Breakaway Capital Management, LLC, a private investment fund manager which provides debt and structured equity capital to lower middle market companies. In addition, Mr. Connolly is chief executive officer and sole director of Motorini, Inc., which operates a motorcycle dealership and service provider. From 2007 to 2013, he was a partner with Leonard Green & Partners, LP., a private equity firm. Previously, Mr. Connolly was an investment banker at UBS Securities, LLC, where he served as managing director and co-head of UBS’s Los Angeles investment banking office, and a senior vice president at Donaldson, Lufkin & Jenrette. From 2010 through May 2017, he was on the board of Cascade Bancorp (Nasdaq: CACB), where he was the chairman of the board loan committee and member of the compensation and audit committees. From 2011 through 2016, he was on the board of FP Holdings, LP, a private company and the parent company of the Palms Casino Resort. He is a member of the emeritus board of the Los Angeles Regional Food Bank. He received a bachelor’s degree from the University of California-Berkeley. Based on his extensive experience as an investment banker advising companies on their strategic alternatives and his experience as a private equity manager working with companies and their management teams to grow and improve their businesses, we believe Mr. Connolly is qualified to serve on our Board of Directors.
As the Independent Director of Malibu Boats Inc, the total compensation of Michael Connolly at Malibu Boats Inc is $144,993. There are 11 executives at Malibu Boats Inc getting paid more, with Jack D. Springer having the highest compensation of $2,293,315.
Michael Connolly is 54, he's been the Independent Director of Malibu Boats Inc since 2014. There are 13 older and 2 younger executives at Malibu Boats Inc. The oldest executive at Malibu Boats Inc is John Stokely, 67, who is the Independent Director.
Michael's mailing address filed with the SEC is 5075 Kimberly Way, Loudon, TN 37774, USA.
Over the last 11 years, insiders at Malibu Boats Inc have traded over $314,996,706 worth of Malibu Boats Inc stock and bought 73,700 units worth $2,278,675 . The most active insiders traders include Michael K. Hooks, Mark W. Lanigan y Canyon Investments, L.P.Bla.... On average, Malibu Boats Inc executives and independent directors trade stock every 67 days with the average trade being worth of $10,644,183. The most recent stock trade was executed by Mark W. Lanigan on 6 May 2024, trading 20,000 units of MBUU stock currently worth $668,600.
founded in 1982 in merced, calif., malibu is the world's leading watersports towboat manufacturer by sales volume and is the global leader in patented wake and wave creation technologies. the malibu brand family also includes axis wake research and cobalt boats. today, malibu boats and axis are still handcrafted in the united states along the shore of the tennessee river in loudon, tenn., and boast unmatched american engineering, luxury, technology and quality. in australia, malibu and axis boats are made at our factory in north albury, new south wales, with the same legendary craftsmanship. whether you wakeboard, surf or ski with family and friends, malibu has your ideal boat. build your own custom malibu or axis in minutes using the world's first 3d boat configurator at www.malibuboats.com or www.axiswake.com.
Malibu Boats Inc executives and other stock owners filed with the SEC include: