LAKE FOREST, Ill. (AP) -- Brunswick Corp. said Monday it has named Andrew Graves as president of its boat group and promoted two other executives within the unit.
The maker of boats, exercise equipment and foosball tables promoted Graves, who is 50, from the post of president of the company's U.S. marine and outboard boats.
Brunswick also said it named two of its other executives -- Robert Parmentier, 48, and Terry McNew, 47 -- as president and executive vice president, respectively, of its Sea Ray, Bayliner and Meridian brands. They will report to Graves.
Shares of the Lake Forest, Ill., company rose 50 cents, or 3.9 percent, to $13.27 in midday trading.