Dick Rowe, Sr. Co-Founder of Indmar passes away at age 95


Dec 6, 2022

Indmar Marine Engines mourns the loss of its esteemed co-founder, Richard (Dick) Rowe, Sr, who passed away on November 22, 2022 at the age of 95 surrounded by his family.

“It is with a heavy heart that I announce the passing of my father,” said Chuck Rowe, former President of Indmar Marine Engines. “My father was a courageous leader, who defined the very essence of corporate and civic responsibility.” Rowe further explained, “His passion and commitment to boating benefited not only Indmar Marine Engines but the entire marine industry.”

Born on May 4, 1927, like most young men of a time when war dominated the 1940’s, Dick wanted to serve his country and enlisted in the U.S. Marine Corps. Toward the end of his twenty years with the Marines, Dick became a partner in a Memphis-based boat dealership. Upon retirement from the Marines in 1971, he and his wife Donna started a small marine and industrial distributorship called Indmar Products Company, Inc. The business was founded on $30,000, three partners and the ultimate American dream that resulted in a legendary brand that has touched the lives of boaters and watersports enthusiasts all over the world.

Dick devoted his life to boating. For him, boating was not just a business, it was his life and a way that he could give back. For more than forty years, he unselfishly committed himself to the recreational marine industry. Dick was always the first in line to give his time and resources when the industry called.

Many young professionals in the marine industry, saw Dick as a mentor. He led by example by not only building a strong, respected company but by also having the ability to look beyond the four walls of Indmar to help improve the entire industry. In 2002, he was awarded the prestigious NMMA Chapman Award which recognized his contribution to boating for the benefit of the industry and the public. In 2004 he was inducted into the NMMA Hall of Fame, which recognized his substantial and lasting contributions toward the advancement of the marine industry.

Correct Craft President and CEO Bill Yeargin stated “Dick Rowe is a legend in the boating industry. His Hall-of-Fame career is an example of outstanding innovation and industry support. When Dick spoke, people in our industry listened. He was very highly respected.” Yeargin added “Dick did what few people could do when he started Indmar Marine Engines and, with his son Chuck, grew it into an industry-leading supplier of engines. The boating industry is much better today because of Dick Rowe and Indmar Marine Engines.”

Dick’s commitment to the marine industry was an inspiration not only to his colleagues but to his family that he leaves behind. To share memories, photos or condolences for the Rowe family, please visit:


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