LAKE FOREST, Ill. (AP) -- Boat maker Brunswick Corp. said Monday its Chief Financial Officer Peter G. Leemputte left to take a job at another company.
He will be replaced by Peter B. Hamilton, 61, effective Sept. 15. Hamilton was company CFO between 1995 and 2000, before he moved into operations. He most recently served as president, Brunswick boat group and vice chairman until his retirement in 2007.
Boat makers have suffered as consumers cut back on big-ticket items amid a shaky economy. In July, the Lake Forest, Ill.-based company said it swung to a second-quarter loss as it posted a hefty restructuring charge because of scaled-back production. Revenue fell 2 percent to $1.49 billion from $1.52 billion.
Leemputte will become senior vice president and CFO of Mead Johnson Nutritionals, an infant and child nutrition company that is part of Bristol-Myers Squibb.