Sunseeker CEO stepping down

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Phil Popham, chief executive officer at Sunseeker International, is leaving the British manufacturer of luxury performance yachts at the end of September.

He joined Sunseeker in January 2015 and led the implementation of the company’s turnaround plan that saw the boatbuilder return to profit the following year ahead of schedule. He has decided to leave to pursue other challenges.

“I have thoroughly enjoyed my time at Sunseeker International,” said Popham in a statement. “To have played a part in the turnaround of this fabulous brand makes me immensely proud but the business is now firmly in its next phase of growth and it is time for me to embark on a fresh challenge. I know I leave behind an exceptional team that will continue to grow the business and take it to even higher levels of success.”

Jon Deng, Dalian Wanda’s board representative for Sunseeker, added, “Phil leaves Sunseeker in a very healthy position with a record order book, an exciting long-term product plan and the necessary corporate structure to allow the company to focus on its future growth. We would like to thank him for his leadership, professionalism and guidance and wish him every success in his new endeavors.”

In the interim, the current Sunseeker executive team will continue running the business with chief financial officer Mike McMillan and chief operations officer Michael Straughan at the helm.

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