Please select your home edition
Edition
Protector 728x90

Ferretti Group appoints Alberto Galassi as new CEO

by Ferretti Group on 30 May 2014
Alberto Galassi, the new CEO of the Ferretti Group Ferretti Group www.ferrettigroup.com
The Board of Directors of the Ferretti Group, as convened by Chairman Tan Xuguang, who also heads the Weichai Group, has named Alberto Galassi to be Ferretti’s new Chief Executive Officer. Mr. Galassi replaces Ferruccio Rossi effective immediately.

This change at the top is part of a consolidation/relaunching plan that is focused on the conception and construction of a new range of products, as well as on the implementation of new business and marketing strategies. The goal is to secure new positions in international markets and thus confirm the role played by the boats made by the Group as ambassadors of 'Made in Italy' technology and style.

The new endeavour is being made possible by the essential support of the Weichai Group, the majority shareholder in the Ferretti Group since 2012. Weichai has been of crucial importance with its contributions of equity support and new distribution channels.

To show its determination in ensuring the worldwide growth of the Ferretti Group, the Weichai Group has decided to offer a shareholders’ loan of 30 million Euros that is immediately available and can be converted into an increase in capital in the future.

'I’d like to thank President Tan Xuguang and the Weichai Group for the trust they have placed in me by appointing me to a position of such great responsibility', said new Chief Executive Officer Alberto Galassi. 'The Ferretti Group stands for Made in Italy excellence around the world, in a sector where style and technology are combined to achieve a synthesis of craftsmanship, innovation and beauty.'

'We are confident that our brands and products, in whose development the shareholders have made a major investment, will appeal to the taste and gain the trust of the discriminating boat owners who are already a part of the Ferretti tradition, as well as of new owners who are taking their first steps into the world of boating. It is with great enthusiasm that I am placing my commitment, my experience and my great passion for boating at the disposal of the Ferretti Group, its boat owners and its entire workforce'.
Pantaenius - Fixed ValueSydney Harbour Boat Storage 660x82Jeanneau Sunfast 660x82

Related Articles

2017 Riviera Festival of Boating - 20 days to go
The Riviera Festival of Boating – staged at the home of Riviera on Australia’s Gold Coast – 17-19 March is approaching. The Riviera Festival of Boating – staged at the home of Riviera on Australia’s Gold Coast – 17-19 March 2017 – is rapidly approaching.
Posted on 25 Feb
Yachtswomen to ‘seas’ the day at Sail Port Stephens Race Week
The Women Who Sail Australia (WWSA) group will be staging their second annual Gathering on the Bay as an entrée Women are kicking sporting goals everywhere you turn these days, so it’s not surprising that the 2017 Sail Port Stephens race week in April will have its strongest ever representation of yachtswomen.
Posted on 24 Feb
BlackCat expands its portfolio of premium superyachts with the 35M
BlackCat Superyachts is excited to announce the latest addition to its portfolio of luxury catamarans: BlackCat Superyachts is excited to announce the latest addition to its portfolio of luxury catamarans: a 35 metre design, the second in the groundbreaking BlackCat range that continues their distinctive lines designed by Malcolm McKeon, one of the world’s most successful superyacht designers.
Posted on 24 Feb
Collinson FX Market Commentary - Feb 24 - Trump turns down volume
The weaker reserve aided the bounce in the KIWI, which jumped to 0.7225, while the AUD regained 0.7700. The Treasury Secretary, Mnuchin, made observations overnight regarding tax that did unsettle the Dollar. Mnuchin questioned the 'border tax' and pointed out tax cuts, expected before August, would not flow through to the economy until 2018.
Posted on 23 Feb
NEW Icom GM600 MED GMDSS Class A VHF/DSC Marine Transceiver
Icom is pleased to launch a new VHF/DSC marine transceiver to its commercial maritime line up. Icom is pleased to launch a new VHF/DSC marine transceiver to its commercial maritime line up. The new GM600 is designed for Class A DSC operation and provides a complete GMDSS VHF communication system as required for Commercial SOLAS regulated vessels engaging in international voyages. The GM600 meets the Marine Equipment Directive 2014/90/EU “wheel mark” approval for European merchant ships.
Posted on 23 Feb
Marine17 - Early bird registration now open
Now is the time to reserve seats at this outstanding industry conference. With fantastic savings on offer for individual bookings, along with substantial discounts on group registrations, now is the time to reserve seats at this outstanding industry conference.
Posted on 23 Feb
Fourth Steber vessel for Seychelles resort
Work has started on a fourth vessel for the Fregate Island Resort in the Seychelles archipelago and is due for delivery Work has started on a fourth vessel for the Fregate Island Resort in the Seychelles archipelago and is due for delivery later this year.
Posted on 23 Feb
Garmin GMR Fantom dome radars
Garmin’s new GMR Fantom 18 / GMR Fantom 24 solid-state pulse compression radomes offer MotionScope Doppler technology Garmin’s new GMR Fantom 18 and GMR Fantom 24 solid-state pulse compression radomes offer MotionScope Doppler technology and 40W of power – the highest in the industry for its kind.
Posted on 23 Feb
See it first at the Gold Coast International Boat Show & Marine Expo
Boating enthusiasts will find everything they need to have fun on the water all in one place Boating enthusiasts will find everything they need to have fun on the water all in one place when the first major Australian boat show for 2017 gets underway on Queensland’s Gold Coast in just three weeks.
Posted on 23 Feb
iNavX announces Navionics Charts in In-App Charting Store
iNavX, benchmark marine navigation mobile application, announced today, in partnership with Fugawi and Navionics iNavX, the benchmark marine navigation mobile application, announced today, in partnership with Fugawi and Navionics, the availability of Navionics charts in the iNavX In-App Chart Store. This is a first for the industry, and iNavX is the only independent marine navigation app to offer Navionics charts to its users.
Posted on 23 Feb