Fairline CEO Kevin Gaskell confirms he has ‘left the game’

The former CEO of Fairline has taken to Twitter to confirm that he has left the company

Kevin Gaskell has become the third Fairline CEO to leave his post in past three years, when he was asked to leave his job earlier this week.

Mr Gaskell took to his Twitter account to confirm the rumours on Wednesday (1 October), referring to a “difference of opinion” with Fairline’s shareholders, Better Capital.

The former managing director of Porsche UK and BMW UK wrote: “Chess pieces move and the CEO leaves the game. Good luck to all remaining…”

On the following morning, he added: “Fired yesterday for difference of opinion, gentle morning, buy new computer, start new business this afternoon, exciting!” Both posts have since been deleted.

The news comes just over 12 months into his tenure and only three weeks after a press conference at Cannes where he announced that 20 senior members of staff had been replaced since September 2013.

Investment group Better Capital completed its acquisition of Fairline last month (1 September), following a £7.1m buyout of the Royal Bank of Scotland’s last remaining shares in the Oundle boatbuilder.

At the time of writing, Fairline and Better Capital were not available for comment.

Update: Fairline has confirmed that Kevin Gaskell will be replaced by financial controller Colin Sykes, who will serve as Acting CEO.

In a statement, chairman Nick Sanders said: “I am sure that you will join me in wishing Colin every success in this role as we continue the task of rebuilding the Fairline brand.”

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