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BUFORD, Ga. - OneWater Marine Inc. (NASDAQ:ONEW), a marine retailer with $1.79 billion in annual revenue and a market capitalization of $281 million, announced Tuesday it has updated several leadership titles to better align with the company’s existing management structure and strategic priorities, effective immediately.
Austin Singleton has been appointed Executive Chairman of the Board, formalizing his current role in driving the company’s strategic direction. Anthony Aisquith has been named Chief Executive Officer, reflecting his ongoing leadership of business operations and strategy execution. According to InvestingPro data, while the company faced profitability challenges in recent quarters, analysts expect a return to profitability this fiscal year.
Jack Ezzell will now serve as Chief Operating Officer in addition to his existing role as Chief Financial Officer, while John F. Schraudenbach transitions from Chairman of the Board to Lead Independent Director.
"These titles align with how we have been operating and executing on our key priorities," said Singleton in the press release. The company noted that the changes are not expected to significantly impact day-to-day focus, roles, or responsibilities.
Schraudenbach, in his new role as Lead Independent Director, will continue to serve as a liaison between non-independent and independent board members while maintaining responsibility for the board’s independent oversight function.
OneWater Marine operates 96 retail locations, 9 distribution centers/warehouses, and multiple online marketplaces across 19 states. The company offers a range of products and services including new and pre-owned boat sales, finance and insurance products, parts and accessories, and maintenance and repair services. Based on InvestingPro’s Fair Value analysis, the stock is currently trading near its fair value. For deeper insights and additional ProTips about OneWater Marine, including detailed financial health scores and comprehensive analysis, subscribers can access the full Pro Research Report on the platform.
In other recent news, Onewater Marine reported its Q3 2025 earnings with a mixed performance. The company revealed an adjusted earnings per share (EPS) of $0.79, which fell short of the anticipated $1.18, resulting in a significant negative surprise of 33.05%. On a positive note, revenue surpassed expectations, reaching $553 million against the forecasted $532.01 million, marking a positive surprise of 3.95%. These recent developments highlight the company’s challenges in meeting EPS projections while successfully exceeding revenue forecasts. Investors and analysts may find these mixed results noteworthy as they assess Onewater Marine’s financial health.
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