Gulf Craft has appointed Gregory Yeakle to be their new chief executive officer. He succeeds Erwin Bamps, who has held the position for the past four years and has now moved to a new role as advisor to the board for international matters.

"These are challenging yet exciting times for the industry. Innovation and technology are combining to provide amazing new products and services possible for Gulf Craft." Commented Yeakle regarding his new appointment.

"As a lifelong boating enthusiast, I am delighted to have the opportunity to lead Gulf Craft into the next phase of its global expansion."

Gregory Yeakle joins Gulf Craft with a solid record of leadership, has generated strong growth in companies such as Informix, Alexander Proudfoot Company and Invensys. He has worked successfully in high-level positions for over two decades in both business development and operations around the world.

More recently Yeakle was global head of the Oil and Gas division of Accudyne Industrie before working with Gulf Craft in a consultancy role as head of operations for Cornerstone Management Consulting, where he and his team worked with the Gulf Craft group.

"This experience has helped to ensure a smooth leadership transition." Said Gulf Craft chairman Mohammed Al Shaali

Gulf Craft is based in the UAE and has grown into a leading global player in boat and superyacht building since it was established 37 years ago. Current projects range up to 175ft in composite construction, with a planned move to steel taking the company up to 200ft.

Uniquely in the leisure marine industry, Gulf Craft still produces a strong small boat range as well as its superyacht portfolio, offering a range of boats and superyachts from 27ft-170ft in length. Bamps has promoted the Gulf Craft brand all over the world and is a well-known and respected member of the boating industry, has also been an ambassador for boating in the Middle East.