Notes From The Editor

Editor’s Note: Changing of the Guard

To be a successful leader takes a combination of skills that include, but aren’t limited to, the ability to listen and speak in equal measure, grow with the business and market you serve, be adaptable and make the hard decisions.

It is an ability that not many possess and even fewer achieve while maintaining the respect and loyalty of those they lead.

This year has seen a number of changes in the market with individuals we have come to know well leaving their positions or the industry all together. This week alone has seen the appointment of a new CEO at Nautor's Swan in the form of Giovanni Pomati and significant changes within the Italian builder Benetti, with the departure of Vincenzo Poerio as its CEO and the promotion of Franco Fusignani and Christos Ramnialis. News on the Italians came merely a week after Oyster announced the appointment of Abigail Comber as its chief marketing officer, moving from her previous and successful role as the global head of brands and marketing at British Airways.

The beginning of June saw Gregory Yeakle step in for Erwin Bamps after fours years in the role as CEO, while at the very same time Jan Timmerman took over the reins at Royal Huisman in Holland. And then there are the corporate changes such as the acquisition of Blohm+Voss’ La Ciotat by MB92 and another possible significant development that could come from negotiations between Wally and the Ferretti Group, which are on going.

Sometimes change can be difficult and can instill uncertainty but even the most successful businesses need an injection of new blood and ideas on occasion to ensure they meet the demands of the market and stay ahead of competitors. The possible changes afoot for the rest of the year is anyone’s guess but I wish all the very best to those who have taken the plunge to try something new, as these new steps can be daunting but are often for the best.