Fairline Yachts has announced that Executive Chairman David Tydeman will take over the reigns from Managing Director Russell Currie

Fairline Yachts has announced that Russell Currie is stepping down from the role of Managing Director after three years in this position. Russell will return to leading the Fairline North Mallorca dealership.

During Currie’s three years in charge, Fairline Yachts has received the Motor Boat & Yachting Judges’ Special Award 2018 for ‘the best turnaround of a business’ and won two World Yacht Trophies for best exterior design of the Targa 63 GTO and Targa 43 OPEN.
As Managing Director, Russell was also pivotal in the boat builder’s turnaround with the acquisition of the 200,000 square ft shore-side manufacturing site in Hythe, Southampton, which allows Fairline to build bigger boats than has been possible before.

Fairline’s Executive Chairman, David Tydeman, will take over the reins from Russell.

Fairline Yachts commented: “Over the past three years Fairline has reached its deserved place back on the world’s stage and we thank Russell for helping us get there – he is a true Fairline ambassador. As we enter the next exciting chapter in Fairline’s history, David’s highly relevant experience means he is extremely well-placed to build on the success of Fairline Yachts and take us into the next stage of our growth plans.”

Fairline is not the only luxury boat builder to announce changes in its management team. Sunseeker recently confirmed that CEO Phil Popham was leaving the company to join Lotus cars. He is replaced by Aston Martin Lagonda Chief Sales Officer and Vice President Christin Marti.