Marcus Lemonis, the entrepreneur best known as the star of CNBC's The Profit and The Fixer, will step down as CEO of Camping World Holdings Inc. (NYSE:CWH) on Jan. 1, 2026.

Matthew Wagner To Take Over As The CEO

The company announced the transition on Tuesday, naming current President Matthew Wagner as his successor.

The departure marks a pivotal shift for the RV giant, which Lemonis co-founded and built into the world's largest RV retailer, as it faces a retail environment defined by shrinking consumer disposable income and high interest rates.

RVs As A Warning Sign

The leadership shakeup arrives as the recreational vehicle industry—often viewed as a canary in the coal mine for the U.S. consumer economy—flashes warning signs.

During the Raymond James TMT and Consumer Conference on Tuesday, company leadership acknowledged “retail softening” in September and October, prompting a cautious outlook for ...