Donerail Group, which says it owns more than 4% of MarineMax Inc., urged shareholders to vote against CEO Brett McGill’s election to the board at the company’s March 3, 2026 annual meeting, citing its push for the company to pursue a strategic review. Donerail has reiterated a previously disclosed $35-per-share all-cash proposal to acquire MarineMax, subject to due diligence, and said it has not received meaningful engagement from the board. Donerail also noted that California State Teachers’ Retirement System (CalSTRS) voted against Brett McGill and other director nominees, and that Levin Capital Strategies has called for an immediate strategic review following Donerail’s offer.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marinemax Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602230845PRIMZONEFULLFEED9659160) on February 23, 2026, and is solely responsible for the information contained therein.