Hagadone Corporation Honors Staff at Annual Luncheon
The company recognized long-term employee contributions and celebrated recent marine industry accolades.
Updated on Oct. 31, 2026 in Awards
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The Hagadone Corporation hosted its 35th annual After 5 Club luncheon to honor staff milestones and acknowledge significant service anniversaries. The event also spotlighted major achievements for the Hagadone Marine Group, which secured multiple industry awards for excellence and sales performance.
Why it matters
The annual gathering serves as a platform for leadership to express appreciation for employee loyalty while celebrating the operational success of the company. These honors underscore the importance of staff retention and customer relations in maintaining local business performance.
The Hagadone Marine Group earned recognition as the top sales dealer of the year out of 125 evaluated dealers. Long-term staff retirees Kathy Larson and Rick Powers concluded careers of 52 and 35 years respectively.
The players
Hagadone Corporation
This is a diverse business entity with significant holdings in hospitality, marine sales, and real estate development in the Pacific Northwest.
Kathy Larson
She is a long-standing employee who is retiring after a 52-year career with the company.
Rick Powers
He is a veteran staff member retiring after 35 years of service to the organization.
The details
Executives at The Coeur d'Alene Resort presented honors to team members ranging from 5 to 45 years of service. The marine division also received top-tier customer excellence honors from Cobalt Boats, alongside achievements from Malibu Boats and Axis.
Timeline
The 35th annual After 5 Club luncheon took place on Friday, October 30, 2026.
Sherman Tower is scheduled to open on May 1, 2027.
Culture Shift
The 35th annual After 5 Club luncheon reinforces a corporate culture that prioritizes multi-decade employee loyalty over high-turnover business models. This reflects a broader trend of maintaining institutional knowledge in established family-owned or private regional corporations.
Residents may see continued activity at the company's regional facilities as it maintains its position in the local marine and hospitality sectors. The planned opening of the new tower represents a significant upcoming change to the local infrastructure landscape.
The takeaway
Longevity in the workplace remains a key driver for successful regional business operations and corporate community engagement. Recognizing long-term contributors is a fundamental strategy for companies looking to maintain consistent performance and local brand loyalty.
What happens next
The opening of the Sherman Tower project remains scheduled for May 1, 2027.
Further reading
Explore more local honors at Coeur d'Alene Awards.
Source note: This article includes information reported by Coeur d'Alene Press.
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