UAE yacht builder Gulf Craft appoints new CEO

Former chief executive Erwin Bamps has been made advisor to the board for international matters
UAE yacht builder Gulf Craft appoints new CEO
Gregory Yeakle, CEO of Gulf Craft
By Lubna Hamdan
Tue 05 Jun 2018 11:20 AM

Leading UAE yacht builder Gulf Craft has appointed Gregory Yeakle as its new chief executive officer following the move of former CEO Erwin Bamps as advisor to the board for international matters.

Gulf Craft is one of the world’s largest luxury ship builders, having been established over 37 years ago.

Gregory Yeakle joins the firm after holding positions in companies such as Informix, Alexander Proudfoot Company and Invensys. He was more recently the global head of the Oil and Gas division of Accudyne Industries.

Yeakle was also the head of operations for Cornerstone Management Consulting, where he worked with the Gulf Craft group.

According to the group’s chairman, Mohammed Al Shaali, “This experience has helped to ensure a smooth leadership transition.”

Yeakle added that, “These are challenging yet exciting times for the industry. Innovation and technology are combining to provide amazing new products and services possible for Gulf Craft. As a lifelong boating enthusiast, I am delighted to have the opportunity lead Gulf Craft into the next phase of its global expansion”.

The yacht and boat builder has seen growth with new models launched annually, as it continues to explore opportunities to venture into new markets in the coming years. The company’s first mega yacht is currently under way.

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