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March 14, 2006

Hatteras Yachts Chief to Retire

Bill Naumann, who was president and CEO of Hatteras Yachts from October 1997 through October 2005, will be retiring as of April 1, 2006...

Bill Naumann, who was president and CEO of Hatteras Yachts from October 1997 through October 2005, will be retiring as of April 1, 2006, according to a story in the New Bern Sun Journal.

Naumann was replaced as president in October by Mark Harakel. Since then, he has headed the "Hatteras Collection".

Naumann led the company through its acquisition by Brunswick from Genmar, and later oversaw the acquisition by Hatteras of boat manufacturing operations from Tiara in Swansboro as well as the acquisitions of Regulator and Cabo sportfishing brands. He also was CEO during the closure of its High Point headquarters and plant in 1998, and during the industry downturn following Sept. 11 terrorist attacks, when it laid off 10 percent of its workforce.

Naumann told the newspaper that the Hatteras group is currently "extremely profitable" with its three boat brands. "I couldn't have asked for more," he said.

Naumann said he would spend about 30 to 40 percent of his free time doing consulting work with Brunswick, but plans to stay in New Bern and spend more time with his wife, children and grandchildren. "I'll have to reassess how I use my energies," Naumann told the paper. "There is no well-prescribed road map, come April."