The following news release, edited for brevity, was issued by Camping World on Jan. 2, 2019
Camping World Holdings, Inc. announced today the realignment and new assignments of its executive leadership team.
Marcus Lemonis, Chairman and Chief Executive Officer stated, “Over the years, we have created a unique business model that combines a comprehensive portfolio of high-margin recurring products and services, known as Good Sam, with a database of more than 4.5 million active customers combined with a RV dealership and RV and outdoor retail platform that requires evolution and constant improvement.
“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,” said Lemons. “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.
“The organizational changes we have made and are announcing today should streamline our team and bring a new and heightened focus on inventory management, expense control, product margins, cash flow and asset deployment.”
On September 27, 2018, Brent Moody was named president of the company. According to Lemonis, “Brent oversees all operations and plays an invaluable role in the management and growth of the business, with great vision for the company’s future. For over 16 years, he has built an impressive track record of strategic, operational and financial accomplishments.”
Roger Nuttall resigned from his position as president of the company’s dealership group on December 21, 2018, and his responsibilities will be divided among Lemonis and four tenured divisional RV presidents: TJ Smith, Scott Jensen, Todd Nuttall and Josh Erickson.
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 elevated 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.
Finally, the company announced the appointment of Thomas Wolfe to President of Good Sam and Melvin Flanigan to Chief Financial Officer. As president of Good Sam, Mr. 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.
Mr. Wolfe and Mr. Flanigan will work together to ensure a seamless transition of the CFO role. Mr. 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.
Mr. 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.
About Camping World Holdings, Inc.
Camping World Holdings, headquartered in Lincolnshire, Illinois, is a major outdoor and camping retailer, offering RV sales, RV and camping gear, RV maintenance and repair, and a range of services for the RVing community. Since the company’s founding in 1966, Camping World has grown to more than 225 locations in 36 states.