back from the dead?

Oyster Yachts, the UK sailing yacht builder that was acquired by entrepreneur Richard Hadida in March, has confirmed its new board members. Hadida has taken the role of CEO, while acting CFO Becky Bridgen is now performing her role on a permanent basis. She previously worked for Price Waterhouse Cooper (PwC) as part of the deals team, providing financial advice to FTSE 100 companies and private businesses – including many associated with the marine industry.
The rest of the Oyster board is comprised of non-executives Ashley Highfield as senior independent director, motoracing expert Eddie Jordan, investment banker Ivan Ritossa, and yacht designer Rob Humphreys.
“We are committed to building the best possible team here at Oyster which we believe will put us in the strongest position to deliver an effective turnaround and get Oyster back to where it should be – the absolute pinnacle in yacht design,” says Hadida. “Getting the right leadership, oversight and governance in place is key to building a sustainable business. Read on.