The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Tue Oct 18, 2016
After about three and a half years, Lazydays President and CEO Tim Sheehan will be leaving the company for personal reasons, the company says.
William P. “Bill” Murnane, the current Chairman of the Board, will take over as CEO effective Dec. 1 and also will remain Chairman of the Board.
“I would like to thank the amazing employees at Lazydays RV for a life-changing experience," Sheehan says. "Everyone works hard toward a common vision focused on the customer. This helped grow the company in so many areas. My goal of positioning this great company for the future has been accomplished. Since day one, leaders throughout the RV industry have been so gracious and willing to support us. Thank you all very much.”
Murnane is a principal at Wayzata Investment Partners, LLC and has been with the firm since February 2008. Wayzata has been the principle owner of Lazydays RV since 2009, when Murnane became the chairman of the board, Lazydays Marketing Director John Lebbad says.
“The board and I thank Tim for his outstanding leadership,” Murnane says. “Lazydays RV has made great strides under his guidance and is a much stronger company as a result. Tim will be sorely missed, but he has created a system and structure that is well prepared to handle this transition without disrupting Lazydays great progress. I am excited to become a full-time member of the Lazydays management team and work with its tremendous employees. My primary goal is to help Lazydays become the clear dealership of choice in the rapidly growing RV Industry."
Murnane was Chairman and CEO at Innovex, Inc. from 1999 to 2008. He holds an undergraduate degree from New Jersey Institute of Technology and graduate degrees from the University of Maryland and the Harvard Business School.
"Right now, Bill will come in and start Dec. 1. He has been the chairman of the board for that entire time," Lebbad says. "It's a very smooth transition."