Michael Schmidt Yachtbau in Germany appointed Johannes Malzahn as the yard’s new managing director.
The company said owner Michael Schmidt will stay on as a supervisor and adviser to the management team, and will be a long-term investor.
Although Michael Schmidt Yachtbau may have started almost as a hobby for Schmidt, the company said it has quickly developed into a major player in the construction of fast-cruising sailing boats in the 20- to 30-meter range. The company said current developments and new orders have led it to implement a reorganization designed to future-proof its growth ambitions.
The company said its vision rests on the twin pillars of major investments in a new construction facility completed late last year and an energetic new team.
In addition to Malzahn, a passionate sailor with a rich personal experience of boatbuilding, the management counts among its ranks purchasing manager Andreas Bock, a successful racer on both water and ice, and marketing and sales director Tijl Hetterschijt, another yachtsman with lots of long-distance cruising experience.
The company also said production manager Luca Giammattei has expertise in building large custom sailing yachts.