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Grand Banks Yachts Announces Changes in Top Management
New President named in company reorganization of executive team
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SEATTLE – April 18, 2007 –
Grand Banks Yachts Ltd. today announced several promotions and changes within its executive management team. The reorganization is designed to better align key roles and responsibilities as the 50-year-old Company builds on two years of record sales.
The changes, effective immediately, include the appointment of Rob Livingston to the role of Company President. Mr. Livingston will assume the leadership of daily operations for Grand Banks. He most recently served as Executive Vice President and has been with the Company for almost eight years.
Grand Banks also announced that Peter Poli, the Company’s Chief Financial Officer, will assume the additional title of Executive Vice President. Mr. Poli joined Grand Banks Yachts in 2004 and will now be responsible for the human resources and technology functions in addition to finance.
Other management changes announced include naming Y.P. Wong, General Manager of Singapore Operations since , to the additional role of Chief Engineer. Engineering groups at Grand Banks factories in both Singapore and Malaysia will now report to Mr. Wong.
Brent Perry, Vice President of Quality Assurance and After Sales Service, will now also lead the Company’s Development Group. Mr. Perry came to Grand Banks in 2006 with many years of design and manufacturing experience at several top boatbuilders, and effective immediately will serve as Vice President of Development, Quality Assurance and Service.
“These next few years will see many exciting developments from Grand Banks, in new markets around the world,” said Company CEO and Chairman Bob Livingston. “This reorganization will ensure that Grand Banks continues to have an executive team in place that is very accomplished and highly motivated to succeed.”
About Grand Banks - Since 1956, Grand Banks Yachts, Ltd. has built yachts of superior quality that have become industry hallmarks and earned a loyal following around the world. Renowned for their handmade craftsmanship, distinctive good looks, and tried and true all-weather capabilities, Grand Banks yachts continue to be the choice of discerning boaters today. Learn more about the company and its Heritage, Eastbay, and Aleutian series yachts at grandbanks.com.
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Media Contact
David Hensel
Director of Brand & Marketing
2100 Westlake Avenue N.
Suite 107
Seattle, WA 98109
Tel: 206 352 0116 x116
Fax: 206 352 1711
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