Recreation USA Announces New Chief Financial Officer
12 October 2000
Recreation USA Announces New Chief Financial OfficerFT. LAUDERDALE, Fla., Oct. 12 Recreation USA, the tradename for Holiday RV Superstores, Inc. , has asked W.H. "Hardee" McAlhaney to return as chief financial officer. The Ft. Lauderdale, Fla. recreational vehicle and marine national retailer said that McAlhaney, who spent 10 years as CFO before assuming other responsibilities in the Company, will oversee all financial operations for Recreation USA, including credit, audit, accounting and e-commerce. He replaces Gary Rodney, who resigned as CFO but remains with Recreation USA to handle special projects. "Hardee McAlhaney brings more than two decades of retail financial management expertise and a thorough understanding of the RV dealership business to the position," said Michael Riley, chairman of Recreation USA. "I am confident that Hardee will be able to continue efforts to manage costs and improve operating efficiencies at all levels of the organization." McAlhaney joined Recreation USA as corporate comptroller in 1988. After two years in that position, he was promoted to CFO where he spent the next decade. In July 1999, McAlhaney was appointed as president and chief executive officer of the Company, which had just launched an aggressive plan to consolidate the fragmented RV and marine dealership industries. In January 2000, McAlhaney moved to the position of assistant to the chairman, where he has assisted with strategic planning, acquisition targeting and related financial matters. Prior to joining Recreation USA, McAlhaney spent more than 10 years as CFO for two national retail chains, The Athletic Attic and The Athlete's Foot. The Athlete's Foot significantly expanded its retail experience during McAlhaney's tenure, growing to more than 250 stores at the height of the athletic shoe craze in the 1980s. McAlhaney also served as an investment counselor with Drexel, Burnham and Lambert in Florida prior to joining Recreation USA. A native of South Carolina, McAlhaney holds a B.S.B.A. in management from the University of Tennessee and an MBA from the University of Florida. Recreation USA, the nation's only publicly traded chain of RV and boat dealerships, operates 14 dealership locations in California, Florida, Kentucky, New Mexico, South Carolina, Virginia and West Virginia. Recreation USA dealerships sell, service and finance more than 60 RV and 10 boat brands. The Company also markets its offerings through its Internet site at http://www.RecUSA.com .