Former Oyster CEO joins Fairline

David Tydeman, former CEO of UK boatbuilder Oyster Yachts, has joined Fairline Yachts as its executive chairman. His appointment comes as Fairline enters phase two of its growth plans. This involves the launch of the new F-Line 33, the launch of the Squadron 64, and continued investment in production, including the new Fairline Marine Park facility in Hythe, Southampton.

“David is well-known in the UK marine industry and brings a wealth of relevant experience to the senior team,” says Fairline in a statement. “His deep knowledge of the UK boatbuilding industry, the south coast workforce and its supply chain will help lead Fairline’s strategy for the new Southampton site.”

Tydeman is credited with taking Oyster Yachts into the superyacht sector, with 80% of all Oysters over 80ft secured under his leadership since 2008. According to Fairline, he is well-placed to guide the board with the investment decisions necessary for Fairline Yachts to enter the larger boat market.

Since its launch just over two years ago, Fairline Yachts (ex-Fairline Boats) has been winning awards for its new models. The new Targa 43, which recently launched at the Cannes Yachting Festival, last week followed in the footsteps of its larger sister, the Targa 63 GTO, by winning the ‘Best Exterior Design’ Award at the World Yacht Trophies in Cannes.