New CEO – Beneteau groupe

TRADE ONLY TODAY – The Groupe Beneteau board of directors has announced that Hervé Gastinel left the company on June 15 after four years as chief executive. Board chairman Jérôme de Metz replaced Gastinel, according to a company statement.

The statement also said that the Boat Division’s management board is “evolving to unite the group’s teams, brands, design units and plants around a stronger shared project.”

The company will create two new departments, Operational Excellence and Product Strategy, that reflect a “cross-cutting approach” to its boat business, according to the statement.

Christophe Caudrelier, previously chief financial officer in charge of information systems and now deputy CEO in charge of European activities, will lead the Operational Excellence department while retaining his current positions, the statement said.

Gianguido Girotti, previously general manager of the Beneteau brand, will become deputy CEO and will also head up the Boat Division’s Product Strategy division.

Groupe Beneteau’s management board will now include Corinne Margot, group human relations and communications director, and be assisted by managers Dieter Gust and Jean-Paul Chapeleau, respectively chairman of Construction Navale Bordeaux and general manager of Jeanneau and Prestige.

The company said it is maintaining its latest 3 to 5 percent growth estimates for revenues for its current year, along with a stable operating income rate compared with the previous year.