Leadership & Pay ·
NextBoat Inc. appoints Ross Tannenbaum as CEO; Brian John resigns
NXBNextBoat Inc.
NextBoat Inc. announced that Brian John resigned as Chief Executive Officer and Ross Tannenbaum was appointed to succeed him, effective September 28, 2026. Mr. John remains on the Board of Directors; his departure was not due to disagreements with company operations. Mr. Tannenbaum, former President of Retail and Collectibles at Fanatics, Inc., received an initial annual base salary of $240,000, increasing to $400,000 in year two, plus a target bonus structure tied to Adjusted EBITDA milestones. He was granted 2,500,000 non-qualified stock options at an exercise price of $1.96 per share as inducement awards, comprising time-based, performance-based, and market-price vesting tranches. The company operates in the marine industry, functioning as a vertically integrated technology-driven marketplace for buying, selling, financing, and servicing boats.