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Reggie Fountain????

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Old 07-18-2006, 02:02 AM
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Cool Reggie Fountain????

I heard today that the Board of Directors of Fountain Power Boats announced David Knight as President of Fountain???
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Old 07-18-2006, 07:04 AM
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Default Re: Reggie Fountain????

He is getting older and maybe wants to retire. Maybe his hairpiece can't handle the wind anymore
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Old 07-18-2006, 08:29 AM
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Default Re: Reggie Fountain????

It's no rumor, it's true. Publically traded company, easy lookup.

----------------------------
http://biz.yahoo.com/iw/060717/0144521.html

Fountain Powerboats Appoints David Knight as President
Monday July 17, 10:00 am ET

WASHINGTON, NC--(MARKET WIRE)--Jul 17, 2006 -- Fountain Powerboat Industries, Inc. (AMEX:FPB - News), a leading manufacturer of high performance sport boats, fish boats and express cruisers, today announced that its Board of Directors has appointed David Knight as the company's president. Mr. Knight joined the company in September 2004 as its Executive Vice President of Business Development.

"We are pleased to recognize David's strong leadership capabilities and the integral role that he has played in defining our strategy for growth and capitalizing on the opportunities presented to us by our strong markets," said Fountain CEO and Chairman Reggie Fountain. "He has outstanding business insight and has demonstrated the ability to motivate and develop a strong sales and marketing organization which has increased our market penetration and expansion into new geographic areas."

"I appreciate the Board's confidence in my leadership abilities and the opportunity to continue driving the growth and advancement of this company," commented Knight. "We have a strong, dedicated team with the commitment to execute an operational strategy that will solidify revenue growth and significantly improve profitability."

Prior to joining Fountain Powerboats, Knight was vice president and general manager of Invensys, a Fortune 100 company providing energy management and control systems for industrial and commercial buildings in North America. Knight holds a BS in Industrial Engineering, a BA in Business Administration and a BS in Mechanical Engineering.

The company also announced the appointment of Betty G. Smith as Vice President of Administration. Ms. Smith joined Fountain Powerboats in 1987 as administrative assistant to the CFO and was promoted in 1990 as executive administrative assistant to Reggie Fountain.

"Betty has an extensive knowledge of the company's operations and has been an enormous asset to David and myself," commented Fountain. "With David's appointment as President, Betty will become more involved with the administrative functions within the company and continue her responsibilities in sales administration, as well as her executive administrative responsibilities for the office of the Chairman and CEO."

About Fountain Powerboats, Inc.

Fountain Powerboats, Inc., a subsidiary of Fountain Powerboat Industries, Inc., has its executive offices and manufacturing facilities along the Pamlico River in Beaufort County, North Carolina. The company designs, manufactures and sells offshore sport boats, sport fishing boats and sport cruisers that target the segment of the recreational power boat market where speed, performance, safety and quality are the main criteria for purchase. These recreational boats are based upon an innovative, award-winning design enabling world class performance while using standard reliable power. There are currently 12 buildings located on 65 acres totaling over 238,000 square feet accommodating 40 to 45 boats in various stages of construction at any one time. The present plant site can also accommodate up to 300,000 square feet of additional manufacturing space. The land and buildings are wholly owned by Fountain Powerboat Industries, Inc. and its subsidiary, Fountain Powerboats, Inc. For more information, visit www.fountainpowerboats.com.

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS:

Except for the historical information contained herein, this press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause the company's actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. We assume no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include, but are not limited to, customer acceptance of the company's services, products and fee structures, the success of the company's brand development efforts, the volatile and competitive nature of the industry, and changes in domestic and international market conditions, and foreign exchange rates. Further information on the factors and risks that could affect Fountain Powerboat Industries, Inc.'s business, financial condition and results of operations are included under the "Risk Factors" or "Factors Affecting Our Operating Results" sections of Fountain Powerboat Industries, Inc. public filings with the Securities and Exchange Commission, available at (http://www.sec.gov).
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Old 07-18-2006, 08:46 AM
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Default Re: Reggie Fountain????

Good News , Good Luck David



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Old 07-18-2006, 09:26 AM
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Default Re: Reggie Fountain????

Reggie is still CEO and Chairman according to the press release. Still the big dog at Fountain.
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Old 07-18-2006, 09:32 AM
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Default Re: Reggie Fountain????

Quote:
Originally Posted by BLee
Reggie is still CEO and Chairman according to the press release. Still the big dog at Fountain.
Yup, probably always will be too. Maybe he just wants to go on "cruise controll". Take a back seat.
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Old 07-18-2006, 01:43 PM
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Default Re: Reggie Fountain????

Establishing a "chain-of-command" in case he crashes in the "Cat Killer"....?
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Old 07-18-2006, 02:58 PM
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Default Re: Reggie Fountain????

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Establishing a "chain-of-command" in case he crashes in the "Cat Killer"....?
LMAO
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Old 07-18-2006, 03:13 PM
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Default Re: Reggie Fountain????

Quote:
Originally Posted by BLee
Reggie is still CEO and Chairman according to the press release. Still the big dog at Fountain.
and more important, owns 51% of the stock (without taking Brunswick's buy options into account)

http://www.sec.gov/Archives/edgar/da...97/ddef14a.htm
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Old 07-18-2006, 04:20 PM
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Default Re: Reggie Fountain????

i would think one of the 2 other Reggies would take over

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