CarterBaldwin Executive Search announces the successful placement of Adele Caputo as Chief Financial Officer for our client, global watersports manufacturer Correct Craft, the maker of the iconic Nautique tow boat.
Adele joins the company from McKesson (NYSE: MCK), where she served as Vice President of Finance for their $11B medical-surgical distribution business. Prior to McKesson, Adele spent ~16 years in progressive strategic finance and investor relations roles for Darden Restaurants (NYSE: DRI) and served as SVP of Finance for Red Lobster Seafood after Darden’s sale of the business to Golden Gate Capital in 2014.
A lifelong competitive water-skier, former national champion, and Nautique boat owner, Adele brings Correct Craft not only deep financial leadership, but also a lifelong passion and a personal connection to Correct Crafts brand, purpose, and watersports community.
Adele holds a BA in international business and MBA from Rollins College in Winter Park, FL.
About Correct Craft
With a mission of Making Life Better, Correct Craft is a global, vertically integrated marine holding company known for iconic brands such as Nautique. Founded in 1925, the company has grown to more than $1B in revenue and built a global reputation for performance, innovation, and design. Its portfolio spans sixteen operating brands across boats, engines, electric propulsion, and watersports parks. Wholly owned by Ambassador Enterprises, Correct Craft is headquartered in Orlando, FL.
About Ambassador Enterprises
Ambassador Enterprises provides long-term, purpose-driven capital to organizations that align with its mission of creating lasting value across financial, cultural, and eternal dimensions. Their investment philosophy is rooted in what they call a triple bottom line – prioritizing outcomes that are financially strong, culturally enriching, and eternally significant.
