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Gulf Craft CEO Gregory Yeakle steps down

Business
Written by
Georgia Tindale

The Emirates-based shipyard Gulf Craft has announced that Gregory Yeakle will be stepping down as the company’s CEO after being appointed in June last year.Gregory Yeakle Photo: Gulf Craft Forming part of the company's growth and development plan and ongoing restructuring, current Chairman Mohammed Hussein Alshaali will now assume the role of Executive Chairman. Further announcements are expected from the shipyard over the upcoming months. Mohammed Hussein Al ShaaliPhoto: Gulf CraftThe shipyard commented,"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 endeavours."Piterland II yachtPhoto: Gulf CraftIn other news from the shipyard, the seventh 32-metre Majesty 100 was delivered and renamed Piterland II earlier this month.Gulf Craft shipyardPhoto: Gulf CraftIn addition, Gulf Craft's biggest yacht yet, the 53-metre speculation build Majesty 175 is currently taking shape and is available for sale with Burgess, with the yard aiming to sell her by the end of the year.

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