Lewmar - the turn around Pt.II



2:14 AM Tue 21 Dec 2010 GMT
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In Part I, we saw how Lewmar, the British leisure marine equipment supplier who designs, manufactures and distributes a wide range of products including anchors, winches, windlasses, hatches, hardware, rigging, steering and thrusters, had not long ago had its back up against the wall. One of the major stakeholders in the company, as it was, installed Peter Tierney as the new CEO and he set about deploying his 20 years of experience as a Corporate Doctor to turn the company and the iconic brand around ? quickly! Significant re-grouping, restructuring and reinvestment programs have yielded great results with an impressive ...


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by John Curnow




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