HATTERAS YACHTS ANNOUNCES SENIOR MANAGEMENT SUCCESSION

Hatteras Cabo Yachts

Jan 28, 2020

Hatteras | Cabo Yachts, LLC (“Hatteras”, or “the Company”), has announced that it has named board member Gary Smith as Chief Executive Officer and Dave Goodman as Chief Financial Officer of Hatteras Yachts, an industry leader in luxury motor yachts and convertible sportfishing yachts for over 60 years.
 
Smith, who has been advising the Company as a board member, joins Hatteras’ management having most recently led the highly successful renewal and sale of Polartec LLC, the iconic global manufacturer of industry leading technical and performance fabrics. Previously Smith served as President of Timberland’s Outdoor Group as well as being a partner at McKinsey & Co. 
 
Goodman brings to Hatteras years of industry experience having previously served as CFO of premium yacht manufacturer The Hinckley Company. Having started his professional career at Pricewaterhouse Coopers, he also served as CFO of Christie’s International and VP of Sony Music Entertainment.
 
“Hatteras has a tremendous and loyal customer community who are passionate about the product and its legacy,” said Gary Smith. “I look forward to working alongside the management team, skilled craftsmen and dedicated workforce to help them continue delivering the highest quality, differentiated luxury motor yachts and convertible sport fishing boats in the industry.”
 
Dave Goodman added, “Having spent an important part of my career in the luxury yachting industry, I am excited to work with Gary and the Hatteras team to build on Hatteras’ outstanding heritage and help drive the company on its next phase of progress.”
 
“We are delighted to welcome these highly accomplished professionals to the Hatteras team,” said Gregory L. Segall, CEO of Hatteras’ controlling shareholder Versa Capital Management, LLC (“Versa”). “Gary is a thoughtful, proven and highly successful executive with extensive experience in global manufacturing, branding and strategy. Having worked closely with him over many years, we have first-hand knowledge of his ability to collaboratively lead and grow this business. The board is confident Gary and Dave are excellent choices to lead Hatteras as it pursues its next stage of growth and continuing revitalization.”
 
Smith succeeds Kelly Grindle who has resigned to pursue other opportunities after helping guide Hatteras through an important renewal phase.

Related Posts





NMMA Canada’s Day on the Hill event hits a new high in 2024

CMRA

While the Day on the Hill lobby session has been a key activity for NMMA Canada for many years now, I feel that the event hit a new high in the 2024 session in Ottawa on May 27 and 28th.

Lead by Executive Director Marie-France MacKinnon and executed by her team and their public affairs firm, BlueSky Strategy Group, the results were impressive. The NMMA Canada Board of Directors were organized into teams with business interests and special skills matched up to politicians and senior bureaucrats to most effectively present the marine industry’s agenda of issues. 

Read More




Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.



The Hydrobike, a key concept that embodies a vision for the future

DECATHLON, determined to erase the boundary between land and water, introduces its latest forward-thinking concept: the HydroBike. This innovation from the French sports giant aims to democratize access to nature while staying ahead in the transformation of their business model. 

The initial assessment: paddle sports are often inaccessible to less experienced individuals, assuming the acquisition of paddling skills.

Read More


Compass works when electronics don’t

Hubbell-Marine Stainless steel outlet covers

Even in the event of an onboard power failure, a Ritchie Navigation SuperSport Helmsman SS-1002 magnetic compass still works. Plus, when the vessel is moving slowly in fog or while trolling, it can do something a GPS can’t: show the actual heading in real time. As a back-up to modern electronics, it’s a vital navigational tool that belongs on every commercial and recreational boat.

Read More