Daily Herald Staff Report
Camping World Holdings Inc. announced a number of changes in its executive team that Chairman and CEO Marcus Lemonis said will improve performance and processes in key areas of the Lincolnshire-based retailer of recreational vehicles and camping gear.
The leadership changes include:
• Brent Moody was named company president and will oversee all operations and play a key role in the management and growth of the business, "For over 16 years, he has built an impressive track record of strategic, operational and financial accomplishments. He has proved to be a great partner in growing the company, and I trust his leadership and vision," Lemonis said.
• Roger Nuttall resigned as president of the dealership group on Dec. 21, and his responsibilities will be divided up between Lemonis and four divisional RV presidents: TJ Smith, Scott Jensen, Todd Nuttall and Josh Erickson. In an effort to streamline the decision making process and improve performance, Matt Wagner has been appointed senior vice president of RV Inventory Management, Digital Marketing, Media Services and RV Dealership e-commerce; Brock Whinnery has been promoted to vice president of Fixed Operations for the RV dealership group; and Randy Rahe will serve as a vice president of RV Dealership Operations and will assist the divisional RV presidents with process and standardization, finance and insurance, and customer and associate experience.
• Thomas Wolfe has been appointed to president of Good Sam and Melvin Flanigan to chief financial officer. Wolfe will focus on continuing to enhance the growth and development of the Consumer Services and Plans segment as well as improving the overall value and customer experience for its more than two million Good Sam Club members. Wolfe and Flanigan will work together to ensure a seamless transition of the CFO role. Flanigan will be supported in his role by Dale Hendrix, Karin Bell, and David McKillip, who lead the financial roles for the corporate functions and Consumer Services and Plans segment, RV dealership segment, and Retail segment, respectively.
Flanigan previously served as the executive vice president, Finance and Chief Financial Officer of DTS Inc. ("DTS"), a leader in high-definition and wireless audio, licensing branded intellectual property to entertainment technology markets worldwide, from September 2003 to December 2016. Prior to that, he served as the vice president and chief financial officer of DTS. He received an M.B.A. and a B.S. in Accounting from Santa Clara University.
"Our 2019 focus will be to better serve our customers, associates and shareholders while continuing to expand our RV market share with opportunistic RV acquisitions and completing the rollout of RV dealerships into newly opened retail locations," Lemonis said. "We will also have an intense focus on dramatically reducing our retail inventory levels and aggressively reducing capital expenditures to maximize and drive free cash flow. As previously indicated, we will not hesitate to close underperforming locations, and we have recently closed four unprofitable RV dealership locations in addition to eight retail locations that we felt would not be accretive long term."