Ferretti Group appoints Stassi Anastassov as chief executive officer

Ferretti Group has announced the appointment of Stassi Anastassov as chief executive officer, following the board of directors' Annual General Meeting held earlier today (15 May). 

Currently non-executive director of JS Global Lifestyle and Better Shelter, Anastassov has advised global companies and investment firms on areas such as governance, operational transformation and long-term value creation. He previously served as president and CEO of Duracell and has held senior leadership positions at Procter & Gamble across Europe, North America, Asia and the Middle East.

Speaking on his appointment, Anastassov expressed his commitment to serving all stakeholders of Ferretti Group. “It is an honour to be appointed chief executive officer of a unique company built on extraordinary brands, exceptional craftsmanship and talented people, he said. "Italy is and will remain the heart of Ferretti Group. Our responsibility is to protect and strengthen that heritage while continuing to develop the Group as a truly global leader in luxury yachting.

"I look forward to building on the strong work achieved over recent years with humility, full dedication and a clear operational focus. Together with the management team and employees across the Group, we will continue to execute our strategy with consistency, ambition and long-term perspective."

The announcement comes one day after Ferretti Group appointed its new board of directors, led by chairman Tan Ning.

“On behalf of the board, I thank shareholders for their continued trust and support," said Ning. "Ferretti Group enters this next phase with strong foundations, exceptional brands and significant long-term opportunities. The board remains fully committed to continuity, disciplined execution and the long-term development of the Group."

Ning continued: "Under Mr Anastassov’s leadership, the Group will continue to strengthen its operational excellence, global positioning and long-term value creation while preserving the unique heritage and identity that define Ferretti Group.”