Fraser Yachts Appoints New CEO

Fraser Yachts, the world's leading luxury yacht service provider, is delighted to announce that Raphael Sauleau has been appointed as the new CEO of Fraser Yachts and will be joining the Group on the 4th of April.

Roberto Giorgi, the Executive Chairman of Fraser Yachts has spent considerable time looking for the right person to fill this role. The Group's shareholders are very happy with the development of the company which recently confirmed its position as the leading brokerage house for six years in a row and wanted to ensure that the new CEO would continue to build on this success.

Mr Sauleau previously worked for fifteen years at VShips, the world's largest global maritime service provider, first as Executive Director of Crew Operations for the leisure division worldwide and at a later stage also of the Cargo Division in Monaco where he was in charge of 60 shore staff and 6,500 crew members.

At the end of 2013 he left VShips to become the CEO of a Family Office for an UHNWI in Monaco, operating a number of properties for the Parkview Private Collection in St Tropez, Monaco, London and Bejing and several yachts including the mega yacht Saluzi.

Mr Sauleau said "I am delighted to be appointed as CEO of Fraser Yachts which has been at the forefront and leading the yachting industry for so many years. It is a real honour to work together with Roberto Giorgi again and join the Fraser family. The consistent performance of Fraser Yachts throughout the years is a result of hard work, vision and dedication from all involved stakeholders. I am looking forward to taking the helm and pursuing our quest for excellence to deliver the ultimate service to our valuable existing and future customers."

Roberto Giorgi, Executive Chairman of Fraser Yachts added "Having worked with Raphael for many years, I have always appreciated his work commitment, creative attitude, team spirit, ethics and passion. My goal will be to coach, guide and mentor Raphael during 2016 and ensure that he continues to develop the new strategies for the company that I have been working on with the Board of Directors for the last 18 months."

Mr Giorgi will continue in his role as Chairman, dedicating more time to strengthening the management team further and focussing on yachting industry issues.

Fraser Yachts is the world's leading, full-service yachting company, and provides a professional team of yachting experts ready to support, advise and to assist you in every aspect of superyacht charter, luxury yacht sales, yacht ownership, and day-to-day operation.