Passing the baton

The United Arab Emirates’ leading luxury ship builder, Gulf Craft, has announced the appointment of a new Chief Executive Officer.

Gregory Yeakle succeeds Erwin Bamps, who has held the position for the past four years and now moves on to a role as advisor to the board for international matters.

Yeakle joins Gulf Craft as CEO with a solid record of leadership having generated strong growth in companies such as Informix, Alexander Proudfoot Company and Invensys. He has worked in C-level positions for over two decades in both business development and operations around the world. More recently he was Global Head of the Oil and Gas division of Accudyne Industries, where he was Managing Director of Milton Roy and Dosatron amongst others.

Before joining Gulf Craft, Yeakle was the head of Operations for Cornerstone Management Consulting where he and his team worked with the Gulf Craft group. According to the group’s Chairman, Mohammed Al Shaali, “This experience has helped to ensure a smooth leadership transition.”

Yeakle states, “These are challenging yet exciting times for the industry. Innovation and technology are combining to provide amazing new products and services possible for Gulf Craft. As a lifelong boating enthusiast, I am delighted to have the opportunity lead Gulf Craft into the next phase of its global expansion.”


The internationally renowned yacht and boat builder has grown over the past 37 years and launches new models annually. The build of the company’s first mega yacht is well under way in its Um al Quwain shipyard, one of four in the UAE.

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