
Leadership Change at RumbleOn: A New Era Begins
In a surprising move just ahead of AIMExpo, the highly anticipated powersports event, RumbleOn, North America's largest retailer in this sector, has undergone a notable management shakeup. Effective January 13, 2025, Michael Quartieri, who has served as the Chairman of the Board of Directors, has stepped into the role of Chief Executive Officer. Meanwhile, Cameron Tkach has been elevated from VIP of Dealership Operations to Executive Vice President and Chief Operating Officer, and Becca Polak has transitioned into the position of Vice Chairman and Lead Independent Director.
The Visionary Leadership of Michael Quartieri
Michael Quartieri’s appointment as CEO signals a strategic shift for RumbleOn. His prior role as Chairman allowed him a unique insight into the company’s operations and financial planning. In his statement, he emphasized a promising vision for the company’s future, focusing on growth, profitability, and creating a robust cash flow. His vast experience in leadership and strategic planning has set a solid foundation for RumbleOn's advance in the powersports market.
Cameron Tkach: From Operations to Executive Leadership
Cameron Tkach’s promotion highlights his deep-rooted expertise in the powersports industry. With more than 15 years of experience, including key roles at RideNow Powersports before its acquisition by RumbleOn, Tkach brings essential operational knowledge. His eagerness to leverage his unique insights as COO promises to enhance RumbleOn’s operational excellence and drive the company towards further market leadership.
Reflecting on the Past: A Thank You to Michael Kennedy
As this new leadership team takes charge, it is essential to acknowledge former CEO Michael Kennedy's tenure. Having transitioned from a notable career in Harley and Vance & Hines, Kennedy’s contributions to the company are celebrated, reflecting a legacy that has prepared RumbleOn for this next phase. The board expressed gratitude for his dedication, a testament to the strong relationships nurtured within the company.
What This Means for the Powersports Industry
This leadership transition occurs at a pivotal time for the powersports industry, which has seen significant fluctuations and challenges in recent years. Quartieri’s strategic vision combined with Tkach’s operational expertise may be the recipe RumbleOn needs to navigate the future successfully. Industry veterans and newcomers alike are keenly watching how these changes will impact the competitive landscape and the broader retail environment.
Looking Ahead: The Road to Success
With recent improvements in their balance sheet, including the payoff of convertible notes, RumbleOn appears ready to take substantial steps towards securing its place at the forefront of the industry. Under Quartieri and Tkach’s guidance, the company aims to foster innovation and adapt to market demands, ensuring its relevance in a rapidly evolving marketplace.
This leadership change holds exciting potential for RumbleOn and the broader powersports community. As these leaders embark on their journey together, both internal stakeholders and industry observers remain eager to witness how RumbleOn will evolve, invigorated by a fresh approach and renewed ambition.
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