Business

Gulf Craft completes comprehensive management restructure

Gulf Craft completes comprehensive management restructure

Gulf Craft has announced that it has completed a sweeping management re-structure that sets the company on a course towards continued growth.

In a significant move for the Emirates-based family business, Abeer Alshaali takes the helm as acting chief executive officer, under the chairmanship of her father Mohammed Alshaali. Other appointments in the executive management see Nizar Tagi appointed as chief commercial officer, and Paul Gray as chief operating officer. As part of the restructuring, which comes in the wake of Gregory Yeakle leaving the role of CEO this year, Notis Menelaou has also stepped down as vice president of Sales. Menelaou has been working with Gulf Craft for almost two decades.

"These far-reaching structural changes herald a new era for Gulf Craft. We are very excited about the future of the company under the strategic vision of these hugely talented and experienced executives," said Mohammed Alshaali, chairman of Gulf Craft, who founded the company in 1982.

Meanwhile, Abeer Alshaali is taking on the CEO role after holding the position of executive management officer for almost six years. "It's a huge honour for me to take such an important job in a company that has been an integral part of my life since I was young. My objective is to maintain the progress made in recent years and capitalise on substantial growth opportunities in the industry," she said.

Paul Gray, who will be leading the operational side of the business acting as COO, brings with him a wealth of experience from other leading shipyards, in which he has set-up efficient processes and significant business models. "I'm privileged to have been given the opportunity of drawing on my extensive experience from other leading shipyards to ensure that Gulf Craft's business model maximises efficiency and growth in practicality, functionality and quality of their wide product range."

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