On January 22, West Marine, a retailer specializing in boat gear and other water-lifestyle related products, announced late October that Doug Robinson would be replacing Matt Hyde as their new Chief Executive Officer. Hyde is leaving after five years as CEO of West Marine. In late June, 2017, it was announced that all outstanding common stock of West Marine was being purchased by Monomoy Capital Partners for $338 million, a sale that was unanimously approved by the board of directors.
New CEO Doug Robinson will bring three decades of retail experience to his new role. Robinson was with Lowe’s for 13 years before his career change to West Marine, where he worked as President of Lowe’s Canada before being promoted to President of International Operations and Development at Lowe’s. A long-time customer of West Marine and a sailor himself, Robinson looks forward to his future with the company. Besides his history as a customer, Robinson has been a participant in the Leukemia and Lymphoma Society’s Leukemia Cup Regatta – an event supported by West Marine for over 20 years. The Leukemia Cup Regatta is a fundraising event that provides funding for cancer research. Robinson will officially be taking over as CEO on January 29.