Saint-Gilles-Croix-de-Vie, France, August 26, 2019

George Armendariz announces retirement

Groupe Beneteau announces today that George Armendariz, CEO for the Americas has decided to retire from the company.

As of today, Jerome de Metz, Group’s Chairman and CEO, will assume the leadership role for the US subsidiary Beneteau Inc.

George Armendariz will remain available on an advisory basis to assist the US teams as needed.

“I would like to thank George for his contributions to the American teams and wish him well in his endeavors to come” said Jérôme de Metz, Group’s CEO and Chairman.

Group’s CEO Jérôme de Metz will assume the leadership role for the US subsidiary Beneteau Inc.

Christophe Caudrelier, Deputy CEO in charge of operational excellence, will continue to manage all operational excellence activities with the US teams.

Gianguido Girotti, Deputy CEO in charge of the boat product strategy, will continue to coordinate the American brand strategy, consistent with all of the Group’s brands.

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