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Fraser Yachts re‐structures senior management team

Business

Following the recent appointment of Fabio Ermetto asthe new President of Yachtique,the world’s largest superyacht services organization,the Azimut | BenettiGroup has now announced that Ermetto will also be the new Chairman of Fraser Yachts.

Ermetto is a highly‐respected figure within the superyacht industry having previously worked in a senior position for Benetti as well as having been the Sales& Marketing Director ofthe Heesen shipyard in Holland for the pastsix years.

My appointmentis part of a new strategy by ourshareholders” commented Ermetto. “They would like to give new direction to Fraser Yachts.Our business has emerged from the recent harsh economic climate in great shape but today’s environment presents an abundance of new opportunitiesthat need to be seized and capitalized on.”

Since the start of 2013, Fraser Yachts has handled over 22% of allthe brokerage salesin the superyachtsector,significantly ahead of any other playerin themarket. The new direction and new leadership is designed not only tomaintain that position but to grow the marketshare across all the service sectors that Fraser Yachts operates within.

Ermetto continues “At the same time,the CEO–Hein Velema, has left the company.He led the business for over five years, through very difficulttimes. His contribution is greatly appreciated and I know he will be sadly missed. I am very excited about the future however and look forward to immersing myselfin the organization so I can determine the right course for the future; but for now itis very much business as usual".

Fraser Yachts
+ 377 93 100 450
[email protected]
www.fraseryachts.com

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