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Ferretti S.p.A. ( (IT:YACHT) ) has shared an announcement.
Ferretti Group has appointed international executive Stassi Anastassov as Chief Executive Officer with immediate effect, following its Annual General Meeting, while confirming Tan Ning as Chairman of the Board. The company highlights Anastassov’s extensive global leadership experience at Duracell and Procter & Gamble, as well as his ongoing non-executive roles, as assets to drive operational excellence and long-term value.
In statements accompanying the decision, the Board and the new CEO underscored continuity in strategy, disciplined execution and a focus on strengthening Ferretti’s position as a global luxury yachting leader while preserving its Italian heritage. The leadership change is framed as an evolution built on strong existing foundations, aimed at enhancing global positioning, safeguarding the firm’s craftsmanship-led identity and aligning the interests of shareholders, employees, customers and partners around long-term success.
More about Ferretti S.p.A.
Ferretti S.p.A., listed in Hong Kong and on Euronext Milan as Ferretti Group, operates in the luxury yachting industry, focusing on high-end brands, craftsmanship and globally marketed yachts. The group positions itself as a global leader in luxury yachting while emphasizing that Italy remains the core of its heritage, identity and manufacturing base.
For a thorough assessment of YACHT stock, go to TipRanks’ Stock Analysis page.