Camping World Holdings, Inc. Announces Executive Changes
January 31, 2020 at 03:32 am IST
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On January 26, 2020, Jeffrey A. Marcus notified Camping World Holdings, Inc. of his resignation as a Class II director of the company’s Board of Directors, effective February 1, 2020. Mr. Marcus was appointed to the Board pursuant to a designation right held by Crestview Advisors, L.L.C. (“Crestview”) under company Voting Agreement with ML Acquisition Company, ML RV Group, LLC, CVRV Acquisition II LLC, CVRV Acquisition LLC and funds controlled by Crestview Partners II GP, L.P. (the “Voting Agreement”). Mr. Marcus has retired from his duties at Crestview and resigned from the Company’s Board at the request of Crestview. On January 30, 2020, the Board appointed Daniel G. Kilpatrick as a Class II director of the Board, effective February 1, 2020, to serve until the Company’s 2021 Annual Meeting of Stockholders. Mr. Kilpatrick was appointed to the Board pursuant to a designation right held by Crestview Advisors, L.L.C. (“Crestview”) under the Voting Agreement. Mr. Kilpatrick previously served as a member of the Company’s Board of Directors from January 2017 to May 2018. Mr. Kilpatrick currently serves as a Partner at Crestview, where he joined in 2009 and oversees investments in companies across a variety of industries, including media and financial services. Mr. Kilpatrick is currently on the board of directors of various Crestview portfolio companies, including WideOpenWest, Inc., Congruex, LLC, Industrial Media Ltd, Venerable Holdings, Inc. and ICM Partners and is a board observer of Fidelis Insurance Holdings Limited.
Camping World Holdings, Inc. is a retailer of recreational vehicles (RVs) and related products and services. The Company operates through two segments: Good Sam Services and Plans and RV and Outdoor Retail. The Good Sam Services and Plans segment consists of programs, plans, and services that are geared towards protecting, insuring and promoting the RV lifestyle and include services, such as extended vehicle service contracts, vehicle roadside assistance, property and casualty insurance, travel protection, travel planning and directories, and publications. The RV and Outdoor Retail segment consists of all aspects of its RV dealership operations, which includes selling new and used RVs, assisting with the financing of new and used RVs, selling protection and insurance related services and plans for RVs, servicing and repairing new and used RVs, installing RV parts and accessories, and selling RV and outdoor related products, parts and accessories.