Correct Craft’s long-time president and CEO, Bill Yeargin, has announced plans to step down in spring 2026.
The company’s board, which includes Yeargin, has begun executing the company’s succession plan process with Bill’s successor due to be announced in the next few months.
Bill took on the role of CEO in September 2006, during a challenging time for Correct Craft – he was the company’s fifth CEO in five years.
Under Bill’s leadership, the company has grown by more than 20 times and reached its goal of becoming a billion-dollar enterprise in 2023.
“I have thoroughly enjoyed leading Correct Craft. Any success we have had has resulted from a wonderful team who has joined me on this journey; we have done some amasing things together.
Correct Craft and its team will have my full support.
Bill Yeargin
“As I transition to another stage of my career, Correct Craft and its team will have my full support.
“I have said many times that an important part of my legacy will be the Correct Craft team’s ability to continue succeeding long after I am gone, and I will do everything I can to support them.”
Over his career, Bill has authored six books and shared leadership insights in numerous articles and columns and has been a speaker at hundreds of events on six continents.
He holds a bachelor’s degree in accounting and an MBA and has completed post-graduate studies at Harvard, Stanford, Wharton, MIT, and the London School of Economics.
Marine industry
Bill has served on numerous for-profit and non-profit boards and is currently board chair of the National Marine Manufacturers Association (NMMA).
He actively represents his industry on both national and state issues and has served both the Obama and Trump administrations on cabinet-level advisory councils.
Bill has also been recognised with many marine industry awards.
Correct Craft, based in Florida, marks its 100 anniversary in 2025. The company’s subsidiaries include boat brands, engine brands and water sports parks.
The company has manufacturing facilities across the US and distributes into around 70 countries.
