CEO Matt Hyde will leave West Marine after five years with the company. In September, the company was purchased by Monomoy Capital Partners for US$328m.

A West Marine statement said that Hyde transitioned the national retailer from being a boat parts retailer to a company that focused on the “waterlife” experience.

“His leadership focused on improving customer experiences throughout the physical retail footprint, improving the online experience and enhancing a curated product assortment that repositioned West Marine as the leading retailer of waterlife products and services,” said the statement.