A dozen years ago, if you had told Ryan Gwillim that within the next decade he would be named CFO of the Brunswick Corporation, he may have laughed. At the time, he was an associate with law firm Baker & McKenzie who was spending his days traveling the globe to advise legal clients as an M&A transaction guru.

However, over the next decade, Gwillim and Brunswick would together find a common groove as each embarked on a journey of transformation. For Brunswick—a 155-year-old conglomerate—the evolutionary arc would trigger a flurry of historic M&A activity that included the sale of its marquee bowling center business (2014) while at the same time advancing its steady stroke into marine products. For Gwillim, the transformation chapter would put an end to his vagabond existence while landing the seasoned M&A attorney inside Brunswick’s corporate counsel office in 2012.

It would be little more than 5 years later, after a steady progression of internal M&A projects, that Gwillim would be asked by Brunswick’s CFO to step into the role of vice president of investor relations.  

“From September 2017 to about the summer of 2019 was one of the most volatile times in Brunswick’s history, and here I was, along with the management team, becoming the face of storytelling for the investment community,” explains Gwillim, who characterizes the period as one when Brunswick once-and-for-all “closed the books on its conglomerate viewpoint.”

Determined to focus investor attention on the company’s promising future in marine technology products, Brunswick accelerated efforts to jettison businesses procured during its conglomerate years, such as a struggling fitness operation that had been undermining investor confidence in the company.

Along the way, Gwillim would become a primary driver of the Brunswick transformation as he helped to manage investor expectations as well as the financial levers that would allow the company to find its footing while opening its post-conglomerate chapter.   

As it turned out, the beginning of Brunswick’s post-conglomerate life coincided with the completion of the seasoned-M&A-attorney-turned-IR-executive’s own transformation chapter. Appointed as Brunswick’s vice president of finance and treasurer in 2019, Gwillim would be named Brunswick CFO only a year later.  

“We are completely different from what we were 10 or 15 years ago,” reports Gwillim, sharing a thought that one could argue applies to the CFO as well as to the company. –Jack Sweeney