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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): August 14, 2025
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OneWater Marine Inc.
(Exact name of registrant as specified in its charter)
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| Delaware |
001-39213 |
83-4330138 |
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(Commission File Number) |
(IRS Employer Identification No.) |
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6275 Lanier Islands Parkway
Buford, Georgia
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30518 |
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Registrant’s Telephone Number, including Area Code: (678) 541-6300
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
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Name of each exchange on which registered |
Class A common stock, par value $0.01 per share |
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ONEW |
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The Nasdaq Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o On August 14, 2025, the Board of Directors (the “Board”) of OneWater Marine Inc. (the “Company”) approved a series of leadership adjustments, each effective immediately, as described below.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
•P. Austin Singleton, who has served as the Company’s Chief Executive Officer and as a member of the Board since April 2019, is transitioning from his role as Chief Executive Officer to assume the role of Executive Chairman of the Board.
•John F. Schraudenbach, who has served as an independent member of the Board since February 2020, and as Chairman of the Board since February 2023, will transition from his role as Chairman of the Board to assume the role of Lead Independent Director. As Lead Independent Director, Mr. Schraudenbach will continue to serve as a liaison between the non-independent members of the Board and the independent members of the Board and will continue to be responsible for the independent oversight function of the Board.
•Anthony Aisquith, age 58, who has served as the Company’s President and Chief Operating Officer since April 2019, and as a member of the Board since May 2020, was appointed as the Company’s Chief Executive Officer. Mr. Aisquith will continue to serve as a member of the Board. Biographical information regarding Mr. Aisquith is available in the “Directors Nominated for Election” section of the Company’s definitive proxy statement for its 2025 annual meeting of stockholders, filed with the Securities and Exchange Commission on January 10, 2025 (the “Proxy Statement”), beginning on page 7. There are no arrangements or understandings between Mr. Aisquith and any other person pursuant to which he was selected as Chief Executive Officer. Mr. Aisquith does not have any family relationship with any director or executive officer of the Company or with any person nominated or chosen by the Company to become a director or executive officer. There are no transactions in which Mr. Aisquith has an interest requiring disclosure under Item 404(a) of Regulation S-K other than those disclosed in the “Certain Relationships and Related Party Transactions” section of the Proxy Statement, beginning on page 45.
•Jack Ezzell, age 55, who has served as the Company’s Chief Financial Officer and Secretary since April 2019, was appointed to fill the position of Chief Operating Officer. Mr. Ezzell will retain his role as Chief Financial Officer and Secretary and will continue to serve as the Company’s principal financial officer. Biographical information regarding Mr. Ezzell is available in the “Executive Officers” section of the Proxy Statement, beginning on page 19. There are no arrangements or understandings between Mr. Ezzell and any other person pursuant to which he was selected as Chief Operating Officer. Mr. Ezzell does not have any family relationship with any director or executive officer of the Company or with any person nominated or chosen by the Company to become a director or executive officer. There are no transactions in which Mr. Ezzell has an interest requiring disclosure under Item 404(a) of Regulation S-K.
Except as described above, there were no other changes to the composition of the Board or the Company’s executive officers.
Item 7.01 Regulation FD Disclosure.
On August 19, 2025 the Company issued a press release announcing the foregoing leadership transitions. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated into this Item 7.01 by reference.
The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit Number |
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Description |
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Press Release dated August 19, 2025 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ONEWATER MARINE INC. |
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By: |
/s/ Jack Ezzell |
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Name: |
Jack Ezzell |
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Title: |
Chief Operating Officer and Chief Financial Officer |
Dated: August 19, 2025 |
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EX-99.1
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onew-2025pressreleasexexx9.htm
EX-99.1
Document
OneWater Marine Inc. Formalizes Leadership Titles to Reflect Day-to-Day Management Structure
BUFORD, GA – August 19, 2025 – OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today, that effective immediately, it has updated its leadership titles to better align with the Company’s day-to-day management structure and strategic priorities.
•Austin Singleton has been appointed Executive Chairman of the Board, formalizing his current role in driving the Company’s strategic direction, stakeholder engagement, and shareholder value creation.
•Anthony Aisquith has been named Chief Executive Officer, reflecting his ongoing leadership of executing on the Company’s strategy, business operations and performance.
•Jack Ezzell has been appointed Chief Operating Officer, in addition to his role as Chief Financial Officer, formalizing his existing oversight of both the Company’s financial and operational functions.
•John F. Schraudenbach will transition from his role as Chairman of the Board to assume the role of Lead Independent Director, where he will continue to serve as a liaison between the non-independent members of the Board and the independent members of the Board and will continue to be responsible for the independent oversight function of the Board.
“These changes recognize the way our leadership team has evolved and positions the Company to execute with focus and speed,” said John F. Schraudenbach, Lead Independent Director.
“These titles align with how we have been operating and executing on our key priorities, reinforcing our confidence in delivering long-term shareholder value,” added Austin Singleton, Executive Chairman of the Board. “With these changes, we do not anticipate any significant impact on our day-to-day focus, roles, or responsibilities.”
About OneWater Marine Inc.
OneWater Marine Inc. is one of the largest and fastest-growing premium marine retailers in the United States. OneWater operates a total of 96 retail locations, 9 distribution centers / warehouses and multiple online marketplaces in 19 different states, several of which are in the top twenty states for marine retail expenditures. OneWater offers a broad range of products and services and has diversified revenue streams, which include the sale of new and pre-owned boats, finance and insurance products, parts and accessories, maintenance, repair and other services.
Cautionary Statement Concerning Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including regarding our strategy, future operations, financial position, prospects, plans and objectives of management and growth rate. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “will be,” “will likely result,” “should,” “expects,” “plans,” “anticipates,” “could,” “would,” “foresees,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “outlook” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct.
Important factors, some of which are beyond our control, that could cause actual results to differ materially from our historical results or those expressed or implied by these forward-looking statements are detailed in our filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our Annual Report on Form 10-K for the fiscal year ended September 30, 2024 and in our subsequently filed Quarterly Reports on Form 10-Q, each of which is on file with the SEC and available from OneWater’s website at www.onewatermarine.com under the “Investors” tab, and in other documents OneWater files with the SEC. Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.
OneWater Investor or Media Contact:
Jack Ezzell
Chief Financial Officer
IR@OneWaterMarine.com