Camping World’s new leadership team stabilizes after CEO Marcus Lemonis exits
Camping World has experienced a significant leadership overhaul at the start of 2026. Long-time CEO Marcus Lemonis stepped down from his roles, triggering a 13% drop in the company’s share price last December. The changes have since stabilized, with two veteran executives now leading the firm into its next phase.
Marcus Lemonis, who also served as board chairman, left both positions on 1 January 2026. Known for his appearances on business reality shows like The Profit and The Fixer, his media presence had often brought free publicity to Camping World. His departure marked the end of an era for the company.
The board swiftly appointed replacements from within. Matthew Wagner, who joined Camping World in 2007 as an inventory analyst, took over as CEO while retaining his president title. Over the years, he had risen through the ranks, serving as chief operating officer before becoming president. Brent Moody, another long-serving executive, became the new board chairman. He first arrived in 2010 as executive vice president and chief administrative and legal officer. His roles later expanded to include chief operating and legal officer, as well as a presidential position. Both Wagner and Moody have spent over a decade at the company, ensuring continuity in leadership. The December sell-off, driven by the sudden executive changes, now appears to have been an overreaction. Share prices have since rebounded, suggesting a smoother transition than initially feared.
Camping World’s leadership is now in the hands of two executives with deep experience in the business. The share price recovery in 2026 reflects growing confidence in the new team. Investors who had doubted the company’s future may need to reconsider their stance.
