Edmiston & Company names new CEO


After 18 years leading the yacht brokerage firm Edmiston & Company, founder Nicholas Edmiston plans to step back from day-to-day management of the business.

Edmiston’s son Jamie will become CEO, effective immediately, with Nicholas serving as chairman.

Founded in 1996, Edmiston offers sales, charter, management, new construction and crew services.

“I have been involved in the yacht business for over 45 years,” Nicholas Edmiston said in a statement.“I am very proud to have built a business that stands for quality and expertise and innovation in what is a highly competitive market. Now is the right time to hand over day-to-day management to Jamie, who has played a key role in Edmiston’s success.With his knowledge of the yacht business, as well as his expertise in the luxury brand space, I have no doubt that he will continue to take Edmiston from strength to strength.”

Jamie Edmiston was with Edmiston between 2001 and 2011 before leading an investment into the British luxury brand Linley. After Linley’s recent sale to Malaysian investors, Jamie has returned to Edmistonto lead the business.

Edmiston, reporting a strong 2014, sold five yachts in five weeks last spring and increased charter bookings by 15 percent from the previous year. The company also said it has seen major buyers re-emerge in the United Kingdom, Europe and the United States during the last 12 months.

“I have been intimately involved with Edmiston for much of my working life. I am delighted to take on the leadership of the business as chief executive and look forward to building the business for the future,” Jamie Edmiston said. “We have a great team of people, and I am confident Edmiston will continue to thrive.My aim is very clear, to ensure that Edmiston continues to play a defining role in the yacht business.”


Patrick Acquires SeaDek Parent

The Indiana-based company continues its strategy of growth through acquisitions.

BoatUS, USPS Resume Safety Checks

The groups are offering the service during safety events, or boaters can conduct the inspection using an online guide.

Stepping Up the Pace of Relief

A positive jobs report, 3 million vaccinations per day and consumer confidence point toward economic recovery.

Freedom Boat Club Buys N.Y. Franchise

The latest acquisition is Brunswick’s sixth corporate-owned Freedom operation in the United States.

In-Person NMEA Conference Announced

The electronics conference, in conjunction with the Radio Technical Commission for Maritime Services, is scheduled for Sept. 20-24 in Orlando, Fla.

Vesper Appoints U.S.-based Manager

Damien Frye will drive sales of the New Zealand-based company’s Cortex product line.

Groupe Beneteau Sells CNB

As part of the conglomerate’s realignment, the Groupe has inked an agreement with Italian yard Solaris to purchase the bluewater sailing brand.