MICHAEL MÜLLER HANDS OVER CEO POSITION AT BAVARIA YACHTS TO MARC DIENING

Marc Diening is to succeed Michael Müller as CEO of BY.
The handover is planned for August 1st. Müller took on management of Bavaria Yachts in 2019 and will now be moving to the advisory board.

BAVARIA YACHTS Marc Diening is to be the new CEO of Bavaria Yachts. On August 1st, he will move from the fire protection specialist Magirus, which boasts a rich tradition, to Giebelstadt. Before Diening, 45, took his position as CEO of Magirus over five years ago, he spent over ten years in a management position at Bombardier and worked as a consultant for well-known companies such as Knorr-Bremse and Deutsche Bahn, among other positions.

“We are thrilled to welcome Marc Diening on board at Bavaria Yachts. With his proven record of success in sustainable development of companies and his personal qualities, we are certain that Marc Diening is the right person and has the consistency required to continue the course Bavaria has mapped out and to lead us into the next chapter of new products and solid growth with his own accents. Marc Diening has been an enthusiastic sailor since he was young and knows the yachting branch extremely well,” explains Kai Brandes, Managing Partner of CMP.

Michael Müller came on board at Bavaria Yachts in November 2018 with the entrance of the new investor Capital Management Partners (CMP), initially as a Marketing and Sales Director. In February 2019, Müller, now 64, was appointed CEO. At his own request, Michael Müller is now handing over the helm to Marc Diening, in order to have more time for his family in the future.

“We would like to thank Michael Müller for his extremely successful work as the CEO of Bavaria Yachts. Thanks to his experience restructuring companies, his leadership style and his personal motivation to make BY one of Europe’s leading shipyards once more, Bavaria has turned a corner and is back on a good course. We are pleased that Michael Müller will continue to support BY with his experience as a member of the advisory board,” emphasises Brandes.

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