Northrop & Johnson has appointed Michael Payne as its managing director for Europe.

Payne is a seasoned sales broker with more than 30 years of yacht brokerage experience. He joins the company from Camper & Nicholsons, where he served as CEO based at the Monaco office.

During his time at Camper & Nicholsons, Payne sold in excess of 200 yachts and had a hand in numerous new construction projects.

"We are delighted to welcome Michael to our international team," says Northrop & Johnson COO Daniel Ziriakus. "Michael comes to us with an exceptional amount of yachting industry experience, a stellar sales record and a reputation as a trustworthy yacht broker and industry professional.”

Payne will make his Northrop & Johnson debut at the 2017 Monaco Yacht Show, which opens on Wednesday.