The new CEO Marc Diening is moving from the traditional fire protection specialist Magirus to the yacht builders in Giebelstadt. Prior to this, he worked for over 10 years in a management position at Bombardier and as a consultant for numerous well-known companies, including Deutsche Bahn. In addition, the 45-year-old has been a keen sailor since his early youth and is also very familiar with the yachting industry. "We are convinced that Marc Diening's proven success in the sustainable development of companies and his personal qualities make him the right person to continue Bavaria's current course with the necessary continuity," explains Kai Brandes, Managing Partner at Captial Management-Partner (CMP), the investor in Bavaria Yachts.
The change at the top of Germany's traditional shipyard will take place on 1 August. The current CEO of Bavaria, Michael Müller, initially came on board as Head of Marketing and Sales in November 2018 when investor CMP joined the company and was appointed to the position of Managing Director in 2019. The 64-year-old is now handing over the management of the shipyard to Marc Diening and will join the company's advisory board. As Bavaria writes in a press release today, Müller would like to have more time for his family in future.
Bavaria Yachts in Giebelstadt near Würzburg and its subsidiary Nautitech Catamarans in Rochefort (France) currently build just over 500 motorboats, sailing boats and catamarans a year. A total of around 700 people are employed at the two production sites.
Michael Good
Editor Test & Technology
