Brunswick Corporation (NYSE: BC) announced that David Foulkes will retire as Chief Executive Officer and Chairman of the Board at the end of 2026, with Aine Denari set to succeed him effective January 1, 2027.

Denari, currently Executive Vice President, President of Navico Group, and Brunswick's Chief Technology Officer, will also join the Brunswick Board of Directors upon her appointment. David Everitt, currently Brunswick's Lead Independent Director, will assume the role of Non-Executive Chairman on the same date.

Foulkes has served as CEO since January 2019 and as Chairman since February 2025. He joined Brunswick roughly two decades ago as Vice President of Product Development at Mercury Marine.

Denari joined Brunswick in 2020 as Executive Vice President and President of Brunswick Boat Group before moving into her current dual role in 2024. She has over 30 years of experience across automotive, mobility, industrial, and manufacturing sectors. She also serves as a director of Masco Corporation and holds advanced degrees in engineering and business.

"I am extremely confident that Aine is the right person to lead Brunswick on the next stage of its journey," Foulkes said in the statement.

Denari said the company will "continue to execute the strategy outlined at our 2026 Investor Day" and expressed commitment to Brunswick's workforce of approximately 14,500 employees operating across 26 countries.

Brunswick, headquartered in Mettawa, Illinois, operates more than 60 brands across marine propulsion, parts and accessories, marine electronics, and boat manufacturing, including Mercury Marine, Boston Whaler, Sea Ray, Simrad, and Lowrance.