Halsey Herreshoff is stepping down as president of the Bristol, R.I.-based Herreshoff Marine Museum, which his parents founded in 1971 on the site of the former Herreshoff Manufacturing Co.
He will remain a board member through the end of his term.
"It is a great satisfaction to the Herreshoff family that the Herreshoff Marine Museum will continue to perpetuate the great tradition of design and construction of the world's finest yachts," Herreshoff said in a statement.
"For me, it has been a pleasure and considerable satisfaction to have had a role in the development of the Herreshoff Marine Museum/America's Cup Hall of Fame as an enduring institution in the mosaic of such outstanding Bristol organizations," he added. "While no longer involved daily with the museum, I shall help in all ways possible and be the museum's greatest cheerleader."
Herreshoff is the grandson of the legendary "Wizard of Bristol," Nathanael Greene Herreshoff, and is himself a naval architect and marine engineer. Along with the late Edward duMoulin, he founded the America's Cup Hall of Fame in 1992, an additional attraction at the Herreshoff Marine Museum.
Herreshoff is perhaps best known for his career as an America's Cup sailor. He served on many Cup defenders of the 12 Meter Era, first as bowman on Columbia in 1958 and concluding as navigator on Liberty in 1983.