A new reign at Princess
Having been one of the original founders of Princess Yachts in 1965, David King is to stand down as chairman at the end of August, with Philippe Mellier taking his place. SuperyachtNews.com hears from the yard regarding the decision and its strategy going forward.…
Mellier is currently CEO of diamond company The De Beers Group and was previously the executive vice president at Alstom s.a., a leading high-speed train producer. Prior to this, Mellier worked in the automotive sector, holding senior and board-level positions within Ford, Renault and the Volvo Group. “He brings to the role uniquely useful experience in high-quality, performance-focused product manufacturing, marketing and sales,” said Princess in a statement, adding that Mellier will also continue as CEO of The De Beers Group and serve in a non-executive capacity at Princess.
The new appointment comes in time for the upcoming show season and, in light of this, SuperyachtNews.com asked the yard about its plans for the Monaco Yacht Show. “Following the success of the 40m, since its 2012 launch, we have been very much focused on delivering yachts to owners, with six orders now taken and four boats in the water,” explained Carl Richardson, director of communications. “Ultimately, we are very happy to have a yacht to show at Monaco and many thanks must go to the owner of Solaris for this opportunity. With the new 35M launching next year and another M Class model due for launch soon after it promises to be a very exciting 12 months for Princess and M Class.”
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