Skip to main content

Former Riviera CEO starts motoryacht venture

Wes Moxey is back at the helm of a multimillion-dollar boatbuilding venture, but he is not planning to go head-to-head with Riviera, the company he left two years ago.

Moxey, who resigned as CEO of Riviera in 2008, has teamed with Sydney dealer and former Riviera retail manager Lee Dillon to launch Belize Motoryachts, which will feature retro-style vessels, the website Goldcoast.com reports.

The yachts were designed in Australia and will be built in Taiwan, where Moxey said tooling for the range was advanced. Dillon will handle distribution from his new business, Luxury Design Motoryachts, in Sydney. Moxey will handle pre-delivery and customization.

Belize is targeting nine boat sales in its first year, growing to about 50 a year during the next five years across four models, the smallest of which is a 50-footer, according to the report.

Moxey said the United States and Europe, in particular, would drive international sales.

Click here for the full article.

Related

1_AKZO.STEWART

AkzoNobel Names Marketing Manager

Jessica Stewart is an experienced marketing, brand and product manager and has held several global roles.

1_IBEX.DEADLINE

IBEX Innovation Awards Deadline Looms

Entries must be in by tomorrow for the program, which will announce winners Sept. 27 in Tampa, Fla.

1_ONEWATER.ROY

OneWater Appoints Board Member

Steve Roy will raise the company’s board count to 11 and brings independent financial expertise to the board.

1_ABYCELECTRIFICATION

Ready for a Revolution?

The recreational marine industry is seeing advancements in lithium-ion batteries, electric propulsion and the need for charging infrastructure.

2_RIT-Yellowfin Selects_11

Big Data, Little Price

Radian IoT allows real-time data collection using a device that’s the size of a cellphone.

AdobeStock_450592682

Great Culture in Four Steps

Four steps to create a great culture within your business.

Screen Shot 2022-08-10 at 10.20.10 AM

Inventory Still the Retail X-Factor

Dealers turn to maintenance, marketing and storage services for the off-season

pic-1_300-dpi

Get Paid 85 Percent Faster

Business texting and pay-by-text systems can help speed up incoming cash flow