MCBC Holdings, Inc. Appoints TJ Chung to Board of Directors

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
MCBC Holdings, Inc. Appoints TJ Chung to Board of Directors

VONORE, Tenn., Dec. 23, 2016 (GLOBE NEWSWIRE) -- MCBC Holdings, Inc. (NASDAQ: MCFT ) today announced that Tzau-Jin (TJ) Chung  has been appointed to the Company’s Board of Directors as an independent director, effective December 21, 2016.  Mr. Chung will also serve on the Compensation Committee.

In May 2016, Mr. Chung retired as President of Teletrac Navman, a global market leader in commercial fleet and asset management solutions and a Danaher Operating Company. Mr. Chung was previously CEO, President, and Director of the Board of Navman Wireless Holdings prior to the company’s acquisition by Danaher. Mr. Chung assumed this position in mid-2007 upon the acquisition of Navman Wireless from the New Technologies Division of Brunswick Corporation. Previously, Mr. Chung served as President of the New Technologies Division of Brunswick Corporation from 2002 to 2007. Prior to that, he served as Vice President - Strategy of Brunswick Corporation, where he was responsible for corporate-wide strategic planning, mergers and acquisition and information technology.

Mr. Chung earned his bachelor’s degree in science, electrical and computer engineering from the University of Texas at Austin. He also holds a Master of Science degree in computer science from North Carolina State University and a Master of Business Administration degree from the Fuqua School of Business at Duke University.

The Company also announced that Joseph M. Deignan, a member of the Company’s Board of Directors since 2009 and currently a Partner with Wayzata Investment Partners LLC, and Christopher Keenan, a member of the Company’s Board of Directors since 2009 and currently a Principal with Wayzata Investment Partners LLC, resigned from the Board effective December 21, 2016.

“Joe and Chris have contributed enormously to the success of MasterCraft. We are grateful for their dedication, service and valuable contributions to the Board,” said Frederick A. Brightbill, Chairman of the Board of Directors.

About MCBC Holdings, Inc. Headquartered in Vonore, Tenn., MCBC Holdings, Inc. (NASDAQ: MCFT ) is the parent of MasterCraft Boat Company, a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand image through a rich history of industry-leading innovation, and more than four decades after the original MasterCraft made its debut the company’s goal remains the same – to continue building the world’s best ski, wakeboard, wakesurf and luxury performance powerboats. For more information, visit www.mastercraft.com .

CONTACT: Tim Oxley Chief Financial Officer (423) 884-2221 Tim.Oxley@mastercraft.com Matt Sullivan (612) 455-1709 Matt.Sullivan@padillacrt.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Class Action Alerts: M&A Under Scrutiny

Updated Category News Views 3

Unpacking Monteverde's M&A Investigations Hold your horses, folks! The M&A Class Action Firm is stirring the pot with its latest inquiries into some high-profile mergers. We're looking at Lisata Therapeutics, Flag Ship Acquisition Corporation, Baldwin Insurance Group, and ACV Auctions. So what's got Juan Monteverde's legal eagles swooping in on these deals? Well, are we...

Continue Reading
Lawsuit Highlights Inaction in School Bus Tragedy

Updated Category News Views 3

Seeking Justice Amid Heartbreak Tragedy rarely arrives whispered on the wind—more often, it's the train wreck some saw coming long before it hits. The tragic death of Jenna Menias, a 6-year-old from Frankfort, Illinois, falls squarely in this camp. The family's legal lions, Corboy & Demetrio, have slapped two school districts—District 210 and 157-C—with a wrongful...

Continue Reading
Monster Energy Dominates Skateboard Podium at SLS Paris

Updated Category News Views 3

Monster Energy's Skateboard Triumph Hold the front page, because Monster Energy just pulled off a clean sweep in Paris. The company's team riders dominated the Men's Skateboard Street competition at the SLS Paris 2026, with the iconic Nyjah Huston snagging the top spot. It's a story filled with triumph, grit, and a dash of raw talent in a vibrant field of international...

Continue Reading
SiBionics and PharmaSens Unveil Diabetes Tech at EASD

Updated Category News Views 3

Shaking Up Diabetes Care: New Tech Unveiled Imagine a world where managing diabetes isn't a juggling act with multiple devices. That's precisely the future SiBionics and PharmaSens are pitching at the European Association for the Study of Diabetes (EASD) 2026 in Milan. Now, let me tell you, these guys aren't just playing around with ideas; they're aiming to radically...

Continue Reading
ARTBOX Brings Korean Lifestyle Magic to LA Pop-Up

Updated Category News Views 3

ARTBOX: From Seoul to La-La Land Here's what caught my eye. It's 2026, and Korean lifestyle retailer ARTBOX is making a splash in the U.S.—kicking things off with a pop-up in LA. Now, usually, I'd be skeptical about pop-ups, but you've got to admire the audacity and timing here. They've picked Melrose Avenue, a hotspot for all things trendy, to introduce their mix of...

Continue Reading
Black Culture Icon: Plastic-Covered Couch Takes Stage

Updated Category News Views 3

A Plastic-Laden Piece of History Makes Art Who'd have thought a plastic-covered couch would turn into a cultural artifact? This iconic staple in Black households has done just that, debuting at Brooklyn's CultureCon in a fresh guise. It's more than just an upcycled furniture piece; it's a living archive that encapsulates Black culture, joy, and resilience. The Heart...

Continue Reading
Power Knot MEA Wins THE BIZZ 2026 for Excellence

Updated Category News Views 3

Setting the Pace in Waste Management If there's one thing that sticks in my craw, it's how businesses handle food waste. Power Knot Middle East (PKME) seems to have cracked the code by not just leading the charge in organic waste management but also bagging THE BIZZ 2026 award. They’re not just playing industry games; PKME's pulling the strings with real leadership and...

Continue Reading
Blokees Unveils 90+ New Wonders at Shanghai Fest

Updated Category News Views 3

A Grand Stage for New Arrivals Picture this: In the bustling and glittering chaos that was the Wonder Festival Shanghai 2026, held from October 3 to 4, Blokees laid down a major marker. More than 500 products, an artillery of imagination and craftsmanship, were on deck across their key lines—Blokees Model Kits and BLOKEES WHEELS. With 90 brand-new creations making their...

Continue Reading
Monteverde's Equity Alert: Scrutinizing Recent M&A Deals

Updated Category News Views 4

Diving Into M&A Deals Under Monteverde's Lens Wall Street’s not just about suits and skyscrapers; it’s about the nitty-gritty of deals and whether those numbers add up in the investor's favor. So, when Monteverde & Associates PC throws its weight into scrutinizing mergers and acquisitions, you better believe it's worth a second look. See, they’re digging into four...

Continue Reading
Monteverde Probes Four Key M&A Deals for Fairness

Updated Category News Views 4

Examining the Intricacies of Pending M&A The merger and acquisition landscape can be vicious, especially when the sharks—those pesky class action lawyers—start circling. And let me tell you, Monteverde & Associates PC is diving headfirst into the fray, launching inquiries into a handful of these deals. This isn't your first stroll down Wall Street if you’ve seen one...

Continue Reading

Top 5 Most Recently Viewed Articles

The Future of AI: Autonomous Agents Set to Transform Industries

Updated Category News Views 253

Insights into the Autonomous AI and Autonomous Agents Market The Autonomous AI and Autonomous Agents market, valued at USD 7.4 billion in 2023, is set to reach an astounding USD 86.9 billion by 2032. This surge represents a compound annual growth rate (CAGR) of 36.59% throughout the period from 2025 to 2032. The growth is largely influenced by the ongoing integration of...

Continue Reading
Nio Implements Price Reductions to Strengthen Global Market Position

Updated Category News Views 252

Nio's Strategic Pricing Initiatives to Compete with Rivals Nio Inc. NIO shares have shown an upward trend in premarket trading as the Chinese electric vehicle manufacturer has initiated significant price cuts across its long-range lineup. This strategic move aims to effectively counter the advances made by top competitor Tesla Inc. TSLA, particularly following the launch...

Continue Reading
Korn Ferry CFO Sells $3.7 Million in Stock Amid Positive Growth

Updated Category News Views 84

Noteworthy Stock Transactions by Korn Ferry's CFO Korn Ferry (NYSE: KFY) recently attracted attention thanks to significant stock transactions carried out by its Executive Vice President and Chief Financial Officer, Robert P. Rozek. Recent filings show that Rozek sold more than $3.7 million in company shares. These transactions took place over two days and indicate his...

Continue Reading
Oerth Bio's Revolutionary Study on PROTACs for Agriculture

Updated Category News Views 286

Oerth Bio's Revolutionary Advances in Agriculture Oerth Bio has recently published a significant peer-reviewed study in Nature Communications Biology that introduces an exciting development in agricultural science. Their research showcases one of the first applications of PROTAC technology—Proteolysis-Targeting Chimeras—in an agricultural context. This groundbreaking...

Continue Reading
Innovative AI Enhances Recruiting with Immersive Job Previews

Updated Category News Views 186

Paradox's Groundbreaking Recognition in HR Technology Paradox, a leader in conversational AI for recruitment, has been awarded as a Top HR Product of 2025. This recognition from HR Executive is a testament to the company’s dedication to innovating the hiring process through cutting-edge technology. The Immersive Job Preview product has been acknowledged for its...

Continue Reading