Articles from The Donerail Group

LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- The Donerail Group (“Donerail”), one of the largest shareholders of MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), beneficially owning over 4% of MarineMax’s outstanding shares, today issued an open letter to the Company’s shareholders reiterating its (i) intent to vote AGAINST the election of CEO Brett McGill as a Director at the Company’s upcoming 2026 Annual Meeting scheduled to be held on March 3, 2026 (the “Annual Meeting”), (ii) call for other shareholders to join in voting AGAINST the election of CEO Brett McGill as a Director at the Annual Meeting, and (iii) desire to immediately pursue its previously stated $35 per share all cash proposal to acquire the Company, subject to confirmatory due diligence.

Calls Out Board Entrenchment, Nepotism, and Obstruction of Shareholder Engagement

Acquisition Would Offer MarineMax Shareholders Immediate Value at a Meaningful Premium