Michael Müller was named CEO of Bavaria Yachts Group after a three-month stint as managing director for sales and marketing. Müller is responsible for the activities of the entire group, including Bavaria Yachtbau in Germany and Nautitech Catamarans in France.
The position had been vacant as the company emerged from bankruptcy last September.
CMP Capital Management Partners, which represents and advises the investing equity fund, delegated Ralph Kudla to the board of management, responsible for finance and controlling of Bavaria Yachts as the chief restructuring officer.
“In the few weeks with Michael Müller on board we have learned how effective he is and how well he has been received by employees and dealers,” Kudla said in a statement. “This is why we have asked him to take on the role of CEO.”
Müller had collaborated with CMP on other projects, including work for brand manufacturers. “I bring in my experience working for leading brands, and I intend to reinforce the position of Bavaria Yachts as a quality manufacturer of modern sailing and motoryachts,” Müller said.
The team is preparing for the 2019 delivery season, Müller said. “We will meet our quality pledge, as well as our promised delivery dates, so that the boats on order get into the water for the spring,” he said.
The company also added product managers Pascal Kuhn for sailboats and Siep Keizer for motoryachts. Both report to Erik Appel, managing director responsible for production.