Pearson

Pearson Yachts was a sailboat manufacturer founded by Everett Pearson and Clinton Pearson in 1956. One of the first fiberglass sailboat manufacturers, they grew rapidly during the 60s and 70s, while also developing and designing new boats. However, the company changed ownership throughout the 1980s, after which the company filed for bankruptcy.

In 1961, Grumman Allied Industries purchased a controlling interest in Pearson Yachts. The Pearson cousins left the company in the 1960s, and Bill Shaw became the chief designer. One of Shaw's most notable designs is the flush decked Pearson 40, introduced in 1977.

Pearson filed for bankruptcy in 1991. At that time TPI Composites, formerly known as Tillotson-Pearson, purchased the rights to the Pearson Yachts brand name.

Source: Wikipedia