The chairman of Leopard Yachts said today that the company will complete a “massive business reorganization” in the next few months, and that its order book is growing.
“The story of the Picchiotti family goes for centuries,” said Sandro Picchiotti, chairman, in a statement. “And it is not for sale. Leopard Yachts exclusively will adorn itself with this precious history, forever and ever, and of all the seriousness and reliability that comes from this.”
The Italian builder, in its fifth generation of ownership by the Picchiotti family, said that it has three yachts, a 27m, 34m, and 46m, that will be launched this summer, and two other Leopard yachts, a 34m and 46m, are under construction with delivery dates in 2012. The yard has signed letters of intent for three other yachts, a 34m, 46m and 58m, for delivery in 2012-2013.
The Pisa-based company has signed an agreement with a “major international bank” to manage and refit the fleet following leasing and repossession activities of some of its yachts. Leopard said a year has passed since it began to reorganize the company with the assistance of outside consultants. The reorganization should be complete in the next three months.
Under the reorganization, Sandro Picchiotti, member of the Ucina board, Paolo Picchiotti and Vincenzo Moccia were named as Chairman, Vice Chairman and Chief Executive Officer, respectively. The Shipyard has been organized into four departments: Accounts & Finance; Sales & Marketing; Production; After Sales & Refit.
“When I first joined the team, I accepted the challenge,” said Moccia in the statement. “I believed in the future of Leopard, even with the current recession, the crisis of the marine industry and the difficult position of the brand due to the separation from the Rodriguez Group. It’s two years now and I can look back with satisfaction: the order book is growing, the team is solid and the new organization will give the final surge of adrenaline.”