Ferretti Articles

In a turn of events as unpredictable as the high seas, yacht manufacturer Ferretti’s recent Annual General Meeting (AGM) played out like a thriller. A leadership change was the outcome, with the Weichai slate of directors narrowly edging past billionaire Karel Komárek’s KKCG Maritime, claiming 52% of votes versus 47%. This power shift subsequently ended Alberto Galassi’s distinguished twelve-year tenure as chief executive, with his successor Stassi Anastassov expected to be confirmed imminently.

However, this was no ordinary leadership transition. The process was laden with allegations of regulatory non-compliance and undisclosed shareholder coordination, with sources indicating a possible lengthy investigation. Notably, the Czech billionaire’s camp is of the belief that these allegations will ultimately tip the scales in their favour.