Italian stabilizer company expands international outreach

Author:
Publish date:
Buddy Morgan (left) new US Sales Director, with CMC CEO Alessandro Cappiello.

Buddy Morgan (left) new US Sales Director, with CMC CEO Alessandro Cappiello.

CMC Marine has hired an executive in the U.S. market and promoted another in Northern Europe as part of its international expansion. The Italian builder of stabilizers said in a statement that Buddy Morgan is now sales director of CMC Marine USA, and Sam Crockford has been promoted to managing director of CMC Marine UK.

“The international market is taking on increasing importance for our company,” said Alessandro Cappiello, CEO, in the statement. “The appointment of Buddy Morgan as CMC Marine USA Sales Director, an announcement we’re very proud to make, and the increasingly important role played by Sam Crockford as Managing Director of CMC Marine UK are the confirmation of this.”

Buddy Morgan has 35 years in the marine industry with marine electronic manufacturers in North America. The company’s offices in Fort Lauderdale have seen growth in the last year, including a recent contract with Marlow Yachts. Morgan will continue to expand U.S. sales, said Cappiello.

Cappiello said other strong markets beyond Italy include Northern Europe. Crockford, who has worked with the CMC Marine team for two years, now manages CMC’s European and UK-based customers. They include builders Sunseeker, Moonen and Conrad.

Related

Viking Holds Vaccination Event

The New Jersey-based builder is working with local healthcare providers to offer Covid-19 shots to employees and their families.

Bellingham to Supply Dock for Superyacht Marina

Bellingham Marine will design and install a floating concrete dock system at Hurricane Hole Superyacht Marina in the Bahamas.

Off the Charts

Even as builders faced order backlogs and product shortages, registrations continued to soar in March.

Maverick Boat Group Expands

The Florida-based builder plans to increase production capacity by 30 percent and add 150 new jobs.

Polaris Names CEO and CFO

Previously interim executives, Michael Speetzen was named the CEO and Bob Mack the CFO of the Minnesota-based powersports company.

Sanlorenzo Reports Q1 Financials

The Italian builder continues to gain market share and expects to debut five models at Cannes in September and launch three new lines in 2022.