NextBoat Inc. (NYSE American: NXB) announced two leadership additions on September 4, 2026, as detailed in an 8-K filing. The company appointed Zebulon Hadley to its Board of Directors as an independent director, and named Todd Bates as Vice President of Finance & Insurance (F&I).
Zebulon Hadley will serve as the Chair of the Board's Compensation Committee. According to the filing, he is the President and CEO of National Coatings, Inc., a commercial painting and industrial coatings contractor. Mr. Hadley acquired the company in 2016 and has grown it to an annual revenue of approximately $39 million. He was recognized as the 2025 CEO of the Year by the Triangle Business Journal.
Todd Bates joins the leadership team as VP of F&I. The filing states he brings over a decade of experience in marine retail, most recently serving as Corporate Director of Finance. During this tenure, he grew F&I revenue by more than $5 million across 80 locations while maintaining flat sales volume. His prior experience includes taking a single dealership's F&I revenue from $600,000 to $2.4 million.
Brian John, Chief Executive Officer of NextBoat, commented on the appointments, stating that both executives bring the experience necessary to support the company's next phase of growth as it scales into a mature public company.
