LOUDON, TN--(Marketwired - June 09, 2016) - Malibu Boats (NASDAQ: MBUU) has announced that outdoor and power sports industry veteran Eric Bondy has joined the world's clear leader in watersports towboats -- holding over 50% of that market worldwide -- as its new Vice President of Sales and Marketing.

Bondy brings to Malibu a wealth of experience and expertise in the outdoors and specialty vehicle markets, along with a track record for driving growth. In 2008, he was named the Powersports Business Executive of the Year. He developed and implemented successful growth strategies for respected makers of motorcycles, ATVs and snowmobiles including Arctic Cat, Kymco and Textron Specialized vehicles. Bondy was most recently Vice President, Sales and Marketing for camouflage outfitter TrueTimber Outdoors.

"We're very excited and fortunate to have Eric Bondy join the Malibu team," said Malibu Boats CEO Jack Springer. "With a proven record in outdoors, power sports and specialized vehicles, he's an ideal fit for the global leader in the watersports towboat industry. His proven expertise in product and brand development, customer service and sales meshes perfectly with Malibu's goals and I am confident that he will bring new ideas forward to advance Malibu even further."

The favorite of ski, wake and surf pros as well as families seeking maximum fun on the water, boats from Malibu are the most versatile, best performing boats on the market. Malibu Boats offer patent-protected technologies including the automated Quad Hard-Tank Ballast system, the Power Wedge II, the hydraulic Surf Gate wave-creation technology and the Surf Band wrist remote that make up the Integrated Surf Platform.

About Malibu Boats

Malibu Boats is the world's largest manufacturer of watersports towboats, owning over 50 percent of the worldwide market share. Malibu sells the Wakesetter, M235 and Response models -- as well as the Axis Wake Research brand -- through a global dealer network. With approximately 525 employees worldwide and three manufacturing facilities in California, Tennessee, and Australia, Malibu builds boats to help you live a #lifewithoutlimits on the water. (NASDAQ: MBUU) | @malibuboats | #axiswakeresearch l #evolutionproseries l #TruthisontheWater

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Thomas Tedford