Oct 2026OwnerCourt rejects KKCG's bid to suspend the AGM; main hearings from November
What it adds up to. Control is contested in court, a consumer-goods outsider replaced the long-time CEO, and the superyacht order flow stopped in 2026.
Who runs it
Executive President (Weichai Power)since 2012
Chief Executive Officersince 2026
Head of Sales, Rivasince 2025
Head of Sales & Marketing, Ferretti Yachtssince 2019
Organisation. Listed, contested control; new outside CEO, CCO with serial and custom sales directors
What it shows for a new yard. A corporate commercial organisation (CCO, serial and custom sales directors) whose senior people are reachable while the fight lasts.
Former leaders now elsewhere22 people who held a top or senior seat here
now Amministratore delegato at Absolute Yachts SPA
now Chief Executive Officer at WIDER SRL
now Managing Director at Ventura Yachts
now Chief Executive Officer at Marina di Varazze
now Managing Director at Cantiere delle Marche
now General Manager Business Unit at Groupe Beneteau
now Chief Executive Officer at ETATRON
now Managing Director at Sanguineti
now Executive Chairman & Partner at WOSA Yacht Refit & Survey
now Chief Technical Officer at Alpha Custom Yachts
now CHIEF OPERATIONS OFFICER at Anvera Yacht
now Chief Executive Officer at Sanlorenzo MED
now Production, Refitting and After Sales Manager at Baglietto spa
now Tankoa Sales & Marketing Manager at TANKOA YACHTS SpA
now General Manager Sanlorenzo Côte d’Azur at Sanlorenzo Yacht
now Chief Operating Officer at Azimut Yachts
now Senior Director Service Yacht at Sanlorenzo Yacht
now Head of Marketing and Communication at Baglietto spa
now worldwide sales director at Benetti Yachts
now Director for the Americas at Baglietto Yachts
now Marketing Director at Palumbo SuperYachts
now Chief Production Officer at The Italian Sea Group S.p.A
Organisation chartthe top seat, the senior layer by function, and the managers where the top team is small; the number two is marked
MX
Morgan XU 徐新玉
Executive President (Weichai Power)
since 2012
Owner family
SA
Stassi Anastassov
Chief Executive Officer
since 2026
General management2 senior, +1 managers below
Sales and marketing12 senior, +33 managers below
Engineering and design2 senior, +16 managers below
Production and operations8 senior, +25 managers below
Projects and service2 senior, +47 managers below
Purchasing1 senior, +11 managers below
Finance, legal and IT5 senior, +21 managers below
People1 senior, +5 managers below
FG
Felten Giuliano
Director, special projects
since 2016
NT
Ning Tan
Executive director (Weichai)
since 2025
Owner family
Alessio Schirru
Head of Sales, Riva
since 2025
AA
Andrea Anastasio
Head of Sales & Marketing, Ferretti Yachts
since 2019
Andrew Pitchford
Sales Director, Asia Pacific
since 2023
Davide Conti
Sales Director USA
since 2010
Enrico Sgarbi
Chief Communications Officer
since 2015
Giordano Pellacani
Chief Commercial Officer
since 2025
Marco Nuovo
Sales Director, Ferretti Group America
since 2025
Massimo Jannone
Sales Director, serial business
since 2025
Nada Serafini
Head of Sales, Pershing (Ferretti Group)
since 2014
Paola Procopio
Head of Sales, Custom Line
since 2026
VV
Valerio Venturelli
Managing Director, Riva Classiche and brand experience
since 2024
VB
Vittorio Blengini
Sales Director, custom business
since 2025
Danilo Giunchi
Engineering Director
since 2021
GG
Gilberto Grassi
Style centre director
Alessandro Muci
Facility and EHS Director
since 2019
Andrea Ameli
Operations Director, Ferretti Security & Defence
since 2015
Anna Galasso
Plant Director, Ravenna shipyard
since 2023
Francesco Calvetti
Plant Director, final assembly (Custom Line, Pershing, Itama, Wally, FSD; Ferretti brand since 2024)
since 2024
Ivan Polidoro
Plant Director, Riva (La Spezia)
since 2017
Matteo Cecada
Chief Technical & Operations Officer
since 2014
Number two
Mauro Sgobbi
Chief Quality, Service and Refit Officer
since 2025
Stefano Amici
Plant Director (Forlì)
since 2020
CG
Cristian Gasparri
Project Management Director
since 2023
Massimiliano Amato
Chief Customer & Improvement Officer
since 2026
Marco Ricci
Director of Purchasing; CEO of Zago
since 2025
CB
Cristiano Bozzini
Corporate Finance Director
since 2017
Francesco Vimercati
Planning and Controlling Director
since 2014
NP
Niccolò Pallesi
General Counsel and board secretary
since 2022
Roberto Rossi
Group IT Director
since 2019
SM
Simone Meletti
Managing Director and CFO, Ferretti Group of America
since 2017
BA
Brasini Andrea
Chief Human Resources Officer
since 2020
Number two. All technical and industrial functions since 2014, 1,700 people, seven sites; sets the industrial strategy with the CEO. The commercial alternative is the CCO (Pellacani, on the shortlist).
The top team as read on LinkedIn330 people read as staff, October 2026
An Executive President from the owner Weichai (since 2012) and a new outside CEO (May 2026, ex-Duracell) over a corporate C-suite: Chief Commercial Officer (Sep 2025, from the custom-business sales seat), Chief Technical & Operations Officer (since 2014, 1,700 people, seven sites), CFO (2016), CHRO (2020), Chief Communications Officer, Chief Quality Service & Refit Officer, Chief Customer & Improvement Officer, General Counsel, Director of Purchasing (ex-Ferrari plant director), Project Management Director (ex-Ducati), Engineering Director. Below: plant directors per site (Ravenna greenfield, Forlì, La Spezia Riva, the multi-brand final-assembly yard), sales split into a serial business and a custom business with brand heads (Riva, Custom Line, Ferretti Yachts) and regional directors (Americas, Asia Pacific).
The most corporate structure in Italy: after the 2012 Weichai takeover the group staffed its operations and finance seats from aerospace and automotive (Piaggio Aero, Leonardo, Ferrari, Ducati, AgustaWestland) and kept yacht people in sales. Sales is organised by business model (serial against custom) before brand, which is the distinction the brief draws. The 2026 ownership fight with KKCG ended with a Weichai board and an outside CEO, so the top is fresh while the operations chief is twelve years in. Two of the shipyard-side leaders are directly relevant to a new yard: the Ravenna plant director, who stood up a 70,000 square metre greenfield yard in a year, and the operations director of the security and defence unit.
Seats and dates are as the people describe them on LinkedIn; a person who moved in the last months can still show the old seat. Tap a person for the profile and the reading.
Candidates at Ferretti Group10 people under 50 in the pools; the shortlisted first
Giordano Pellacani
Chief Commercial Officer (CCO) at Ferretti Group · Bagnolo in Piano, Italy
Ferretti Group chief commercial officer since September 2025 on a nautical-engineering base: Riva and Benetti area manager, general manager of Benetti Asia, head of custom-business sales.
Reachability
Needs a trigger
Revisit: March 2027 · Location model B or C
What would move them
The top seat of a yard, which a group chief commercial officer at 41 cannot get inside Ferretti for a decade.
The trigger
The settling of Ferretti's new ownership and chief executive (May 2026): if the new CEO brings his own commercial chief he is reachable within months; if not, not before 2027.
The route, and the location model
Through his former chief at Ferretti, who is on this shortlist. A group executive with a base in Emilia; a two-person model fits a custom-sales chief.
Age39 to 43estimate from the degree years on the profile
Based inBagnolo in Piano, Italy
Current seatChief Commercial Officer (CCO), Ferretti Group, since 2025
CareerSince 2006, 20 years
Builders on the CVFerretti Group (current); Benetti (earlier)
EducationUniversity of Genova - La Spezia Nautical Engineer · Yacht Designer; ITI Leonardo da Vinci
LanguagesNot given
In brief
CCO since Sep 2025; Chief Sales Officer and before that Sales & Marketing Director of the custom business (CRN, Custom Line, Wally) 2019-2025, head of sales and marketing at Riva, General Manager of Benetti Asia, Benetti and Riva area manager. Nautical engineer and yacht designer by training. Twenty years of yacht sales on an engineering base, with one general-management seat.
From the web
Appointed Ferretti Group chief commercial officer on 3 September 2025, reporting to the CEO, in a reorganisation of the commercial division; Marco Viti, formerly of Sanlorenzo, joined to work with him on the dealer network (Ferretti Group release, Marine Industry News, Pressmare). Shown touring CRN's Ancona yard in a 2026 group video.
Marco Ricci
Director of Purchasing at Ferretti Group · Modena, Italy
Age42 to 46estimate from the degree years on the profile
Based inModena, Italy
Current seatDirector of Purchasing, Ferretti Group, since 2025
CareerSince 2005, 21 years
Builders on the CVFerretti Group (current)
EducationBologna Business School Executive Master of Business Administration; SDA Bocconi Executive Master in Supply Chain Management
LanguagesNot given
In brief
Group purchasing director since May 2025 (EUR 800 million budget) and CEO of the Zago interiors subsidiary since Dec 2023; industrial development director 2023-2025; Ferrari plant director 2018-2023, F1 production; racing-car engineer with two executive masters.
AgeAbout 49estimate from the school years on the profile
Based inFano, Italy
Current seatPlant Director, Ferretti Group, since 2024
CareerSince 2002, 24 years
Builders on the CVFerretti Group (current)
EducationUniversità di Pisa LAUREA · INGEGNERIA AERONAUTICA; Ecole international de langue et de civilisation françaises Certificat d'Etudes de Français pratique II Degré · lingua f
LanguagesNot given
In brief
Plant director since 2015 for the group's final-assembly yard and since Apr 2024 for the Ferretti brand too; AgustaWestland AW139 final assembly line manager and manufacturing engineering before; aeronautical engineer.
Neslihan Seflek
Ferretti Yachts and Wally Sales Manager | Americas at Ferretti Group · Fort Lauderdale, United States
Age39 to 43estimate from the degree years on the profile
Based inFort Lauderdale, United States
Current seatFerretti Yachts and Wally Sales Manager | Americas, Ferretti Group, since 2020
CareerSince 2003, 23 years
Builders on the CVFerretti Group (current)
EducationMugla University Faculty of Economy Bachelor's degree · Economics; Muğla Sıtkı Koçman Üniversitesi Bachelor's degree · Economics
LanguagesNot given
In brief
Americas sales manager for two brands since 2020 from Fort Lauderdale; founded her own yacht company, sold Azimut for Sirena Marine in Türkiye 2008 to 2014 and ran new builds and refits at Gino Yachting; Turkish, Muğla University, about 42.
VB
Vittorio Blengini
Sales Director Custom Business at Ferretti Group · Italy
AgeAbout 41estimate from the school years on the profile
Based inItaly
Current seatSales Director Custom Business, Ferretti Group, since 2025
CareerSince 2002, 24 years
Builders on the CVFerretti Group (current); The Italian Sea Group · Admiral (earlier)
EducationLiceo Classico Carducci (Viareggio, Italy) Diploma · maturità classica; Saint Anthony High School (Kahului, Maui, USA) high school degree · High School Degree (Senior Year)
LanguagesInglese, Italiano
In brief
Since Sep 2025 (head of superyacht sales from Jan 2025); TISG sales director 2023-2025, Riva sales, Perini Navi sales from 2012 after four years as a Perini project manager.
AA
Andrea Anastasio
Head of Sales & Marketing - Ferretti Yachts at Ferretti Group · Forlì, Italy
AgeAbout 44checked against the dated milestones of the profile
Based inForlì, Italy
Current seatWally Sales Manager, Ferretti Group, since 2025
CareerSince 2002, 24 years
Builders on the CVFerretti Group (current)
EducationAlma Mater Studiorum – Università di Bologna laurea specialistica · Economia e Diritto
LanguagesInglese, Italiano, Spagnolo
In brief
Superyacht sales manager for EMEA since 2022 and for Wally since May 2025; the Americas sales manager for CRN and Custom Line 2013 to 2022; at Ferretti since 2011; Bologna 2008, about 43.
CG
Cristian Gasparri
Project Management Director at Ferretti Group · Bologna, Italy
Age44 to 48estimate from the degree years on the profile
Based inForlì, Italy
Current seatPlant Director, Ferretti Group, since 2020
CareerSince 2004, 22 years
Builders on the CVFerretti Group (current)
EducationUniversità degli Studi di Bologna Laurea 5 anni · Ingegneria Meccanica
LanguagesNot given
In brief
Since Oct 2020; project manager at the group since 2006; mechanical engineer.
Facts and news, with sourcesthe research behind the overview
Show the facts and the dated news with their sources
Identity
Full name: Ferretti S.p.A. (trades as Ferretti Group). Founded 1968 in Forlì by brothers Alessandro and Norberto Ferretti. source
Headquarters: Forlì, Italy.
Yards: seven production sites, all in Italy: Forlì, Cattolica, Ancona (Ferretti Group Superyacht Yard, the largest), Mondolfo, Sarnico, La Spezia, Ravenna. source
Listing: Hong Kong Stock Exchange since March 2022 (stock code 9638); Euronext Milan since June 2023. source
Ownership: Weichai Group (Chinese state-controlled engine maker) took control in 2012; it holds about 39.5% through Ferretti International Holding (FIH). KKCG Maritime (Karel Komárek, Czech Republic) holds about 23.2% after its 2026 partial tender offer. Other disclosed holders: Biglari Holdings 3.4% (2026-03), BNK Holding (Al-Kharafi family) about 3% (2026-01). source 1source 2
Brands: Ferretti Yachts, Pershing, Itama, Riva, Wally (series and semi-custom); Custom Line (made-to-measure); CRN (full custom superyachts). Riva acquired 2000; CRN acquired 1999; Custom Line founded in-house 1996. source
Wally: Ferretti bought the remaining 25% of Sea Lion S.r.l. (owner of the Wally brand) on 2025-07-04 and now owns 100%. source
Size
Employees: about 1,600 plus 2,500 external suppliers (Yacht Style feature, about 2023). No newer company statement found. source
FY2025 (published 2026-02-24): new-yacht net revenue about €1.23 billion (+5%); total net revenue incl. pre-owned €1,280.6 million; net profit about €90.1 million; adjusted EBITDA about €202.8 million (16.5% margin); order intake about €1.13 billion; order book about €1.7 billion. source 1source 2
H1 2026 (approved 2026-07-31): new-yacht net revenue €585.6 million (-5.6%); net profit €37.9 million; order intake €341.4 million (-26.9%), no superyacht orders in the half; net backlog €564.9 million; net cash €95.0 million; full-year guidance cut. source 1source 2
Boat International Global Order Book: not found. Ferretti Group does not appear in the secondary coverage of the 2025 edition (top 10) or the 2026 edition (top 5 named) that was checked. Historically it ranked first (2011, 2018) and second (2019). source 1source 2
Product
Range: about 8 m (Riva runabouts) to 95 m (CRN). Materials: composite (GRP/carbon) for series and most made-to-measure; aluminium for Custom Line 50 and some Riva/Pershing flagships; steel and aluminium for CRN.
Segment sizes FY2025: made-to-measure revenue about €494.6 million (+18.4%); superyacht revenue €190.3 million (+28.1%). source
Notable deliveries 2023–2026: CRN Amor À Vida 67 m (2025-05); Riva 54 Metri Sairu 54 m (launched 2025-08, delivered 2026); Custom Line 50, 50 m (launched 2025-01). CRN Thunderball 70 m launched 2026-06-04. See CRN file and subheadings below.
Board: Tan Ning, Stassi Anastassov, Patrick Sun, Zhang Xiaomei, Jin Zhao, Zhu Yi, Federica Marchionni, Donatella Sciuto, Katarína Kohlmayer (KKCG-linked list), as of 2026-05-14.
Chief Commercial Officer: Giordano Pellacani, as of 2025-09-03. source
Sales director serial business (Riva, Pershing, Itama, Ferretti Yachts): Massimo Jannone, as of 2025-09-03.
Sales director custom business: Vittorio Blengini, as of 2025-09-03.
Former CEO: Alberto Galassi (2014 to 2026-05-14). source
News 2023 to 2026
2026-10
Court of Bologna rejects KKCG's request to suspend the 14 May AGM resolutions; main case hearings expected from November; KKCG says it will continue.boatinternational.comteleborsa.it
2026-07
H1 results: revenue -5.6%, order intake -26.9%, no superyacht orders, guidance cut citing Middle East uncertainty.boatinternational.com
2026-06
KKCG sues in the Court of Bologna to annul the AGM, arguing Weichai's votes were void under Italy's "golden power" rules.teleborsa.it
2026-05
Weichai's slate wins the AGM with 52.3% (8 of 9 seats); Tan Ning chairman; Stassi Anastassov (ex-Duracell, P&G) CEO from 2026-05-15; Alberto Galassi leaves after 12 years; Piero Ferrari and Stefano Domenicali resign from the board on 2026-05-13.pressmare.ityachtbuyer.com
2026-04
KKCG partial offer closes at the raised price of €3.90; about 29.6 million shares tendered; KKCG reaches 23.25%. Board had called the offer inadequate.bairdmaritime.com
2026-01
KKCG Maritime (14.5% holder since the 2023 Milan listing) launches a partial tender offer at €3.50 to reach 29.9% and challenges Weichai's control of the board.en.ilsole24ore.comeqs-news.com
2025-09
Giordano Pellacani named Chief Commercial Officer; sales split into serial (Massimo Jannone) and custom (Vittorio Blengini).pressmare.it
