[dropcap]G[/dropcap]ulf Craft has announced that Gregory Yeakle will be stepping down as the company’s CEO. As part of Gulf Craft’s growth and development plan and the ongoing re-structuring, the Board of Directors has determined that chairman Mohammed Hussein Alshaali will be assuming the role of Executive Chairman of the company. Gulf Craft will continue its restructuring plan and several other announcements will be made in the months to come.
Gulf Craft’s Board of Directors along with its workforce passes its appreciation to Gregory Yeakle for the contribution he has put into the shipyard, wishing him the very best in his future endeavors.
Last June the Emirates luxury yacht manufacturer, had delivered its seventh Majesty 100 superyacht – M/Y Piterland II – to her Russian owner with a love of yachting. The owner has named her. Since its launch at the 2017 Dubai International Boat Show, six models of the Majesty 100 have been sold worldwide. The latest order is hull number seven of Gulf Craft’s first sky-lounge superyacht. The homegrown company has delivered several of the models to Europe and Australia.