Terry D. McNew has been the driving force behind MasterCraft Boat Holdings, Inc. as its CEO since 2012. With a B.S. in Industrial Management from the University of Cincinnati, he brings over 30 years of experience in the boating industry....

Terry D. McNew has been the driving force behind MasterCraft Boat Holdings, Inc. as its CEO since 2012. With a B.S. in Industrial Management from the University of Cincinnati, he brings over 30 years of experience in the boating industry. Before joining MasterCraft, he held significant roles at Brunswick Corporation and Correct Craft, showing a strong track record in manufacturing and product development. His leadership saw a peak bonus payout of $4.1 million in 2015, reflecting his impact on the company's growth. McNew is also noted for his hands-on approach, having started his career in manufacturing, which gives him deep insights into the production side of the business. Interestingly, during his time as CEO, his stock holdings fluctuated significantly, reaching as high as $10.47 million by March 2021. This illustrates not only his personal investment in the company but also the volatility typical in the boating industry. McNew left a legacy of strong performance metrics, focusing on revenue and adjusted EBITDA, and has set a foundation for continued growth in a competitive market.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other MasterCraft Boat Holdings, Inc. CEOs

M

Terry D. McNew

Ex-CEO of MasterCraft Boat Holdings, Inc.

Education

B.S. in Industrial Management from the University of Cincinnati

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

March 15, 1965 - 60 years ago

CEO of MasterCraft Boat Holdings, Inc. for

7 years 3 months (Jul 2012 - Oct 2019)

Previous Experience

Various leadership roles at Brunswick Corporation

Rivals

Competitors/colleagues of Terry D. McNew

M

W. Brett McGill

CEO of MarineMax

2023 Compensation

Stock

$2.45M

Salary

$975.00K

Bonus

$1.22M

Other

$9.90K

Total Holdings

$3.11M

B

David M. Foulkes

CEO of Brunswick

2023 Compensation

Stock

$0.00

Salary

$1.16M

Bonus

$0.00

Other

$389.62K

Total Holdings

$16.97M

L

Lillian Etzkorn

CEO of LCI Industries

2023 Compensation

Stock

$0.00

Salary

$525.00K

Bonus

$0.00

Other

$259.26K

Total Holdings

$1.09M

W

Michael J. Happe

CEO of Winnebago Industries

2022 Compensation

Stock

$250.00K

Salary

$800.00K

Bonus

$200.00K

Other

$50.00K

Total Holdings

$18.21M

Holdings

See how much did Terry D. McNew make over time.

As of early 2021, Terry McNew's insider trading holdings fluctuated notably, peaking at $10.47 million in March. This sharp rise showcases the dynamic nature of his investments corresponding with the performance of MasterCraft Boat Holdings. Before this peak, his holdings...

As of early 2021, Terry McNew's insider trading holdings fluctuated notably, peaking at $10.47 million in March. This sharp rise showcases the dynamic nature of his investments corresponding with the performance of MasterCraft Boat Holdings. Before this peak, his holdings were significantly lower, reflecting the changes in company valuation and market conditions. Notably, his wealth dropped to around $3.66 million during the early months of 2020, indicating a period of uncertainty or potential sell-offs. His stock values have shown resilience, reaching approximately $9.98 million just before the end of the rocky financial year. McNew's engagement with stocks illustrates his investment in the company he leads, backing his decisions with a substantial personal stake that aligns with shareholders' interests.

Mar 17, 2025

M

shares

MCFT @ $17.49

Total Stock Sold

$3.28M

MCFT

$3.28M

259,641 MCFT shares

What if they kept their stock?

If Terry D. McNew didn't sell their stock, today they would have:
Extra MCFT259,641 shares worth $1.99M.
This is -39.32% and $1.29M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Terry D. McNew.

MCFT

53,116 shares

MCFT

Sep 10, 2019

Received

MCFT

$99.76K

MCFT at $28.14/share

Nov 14, 2018

Purchase

MCFT

14,104 shares

MCFT

Jul 19, 2018

Received

MCFT

$148.80K

MCFT at $29.76/share

May 29, 2018

Sale

MCFT

$110.00K

MCFT at $22.00/share

Nov 20, 2017

Sale

MCFT

10,549 shares

MCFT

Jul 20, 2017

Received

MCFT

$94.19K

MCFT at $18.84/share

May 17, 2017

Sale

MCFT

13,502 shares

MCFT

Aug 25, 2016

Received

MCFT

$2.78M

MCFT at $11.37/share

Feb 19, 2016

Sale

MCFT

$4.69K

MCFT at $12.86/share

Feb 5, 2016

Sale

Compensation History

See how much did Terry D. McNew make over time.

In 2019, Terry D. McNew had a total compensation of approximately $1.81 million, which included a base salary of $500,000 and vested stock awards worth $750,000. His bonuses have varied significantly over the years, peaking in 2015 with a bonus of over $4 million, largely due to strong results in company performance metrics like revenue and adjusted EBITDA. This fluctuating bonus structure illustrates the company’s performance-based rewards strategy. In addition to cash and stock, other benefits include retirement matching and living costs, adding value to his overall compensation but showing a standard industry package rather than unique perks. His compensation is designed to align with company success, motivating him to drive MasterCraft's profitability and growth. In previous years, his total earnings have reflected both the company's achievements and the strategic direction set by management.

Year

2019

Total Compensation

$1.27M

Salary

$500.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, peer benchmarking, and retention strategies.

Bonus

$0.00

Board Justification

Mr. McNew was not eligible for the 2020 STIP due to his resignation in October 2019.

Other

$17.53K

Board Justification

Other compensation includes spousal airfare travel, life insurance premiums, matching contributions to the 401(k) plan, and imputed income for boat usage.

Restricted Stock

$750.00K(75K RSU)

Board Justification

The stock awards granted to Mr. McNew that vested in 2019 are valued at $750,000, reflecting the fair value at the time of vesting.

Performance Metrics

Performance metrics include revenue, Adjusted EBITDA, Adjusted EBITDA Margin, and Strategic Metrics.

Other MasterCraft Boat Holdings, Inc. CEOs

Here are other CEOs of MasterCraft Boat Holdings, Inc.

Frederick A. Brightbill

CEO of MasterCraft Boat Holdings, Inc.

December 2019 - Present