New CEO at Turquoise Yachts

Turkish superyacht builder Turquoise Yachts has been undergoing changes and expansion as part of its strategic plan to increase production and its share of the market as a world-class builder of superyachts. As part of this strategy, Turquoise has constituted a new board of directors and beefed up its management team.

Mehmet Karabeyoglu, the original founder and shareholder of Turquoise Yachts, will be relinquishing his post as CEO, with Patrik von Sydow taking over the role. Karabeyoglu will continue as a member of the Board of Directors along with Mohammed al Barwani and Arie Van Andel. In addition to his responsibilities as Member of Board of Directors, Karabeyoglu will pay special attention to sales and marketing.

Patrik von Sydow is a dual Swedish and British national with a proven track record as CEO and managing director of several international companies, including Numarine and Danish Yachts. His extensive experience includes managing engineering companies with advanced manufacturing processes requiring detailed understanding of critical success drivers in different markets and industries including FMCG, Security, automotive, commercial vessels, and luxury yachts.

Turquoise Yachts also welcomes Arie van Andel, from Oceanco Yachts, as a new Member of the Board. Van Andel has held numerous positions at Oceanco for over 20 years, including chief operation officer and chief technical officer. He brings with him a wealth of yacht construction experience.

“It is my pleasure to welcome Patrik and Arie to our team,’’ says Karabeyoglu. “Both will be able to contribute greatly to the continuing growth and evolution of Turquoise Yachts.”

“We trust this new structure will bring enhanced strength to Turquoise Yachts,” says al Barwani, “And we are convinced it will propel the company to the next level.”

Turquoise Yachts, which was formerly known as Proteksan Turquoise, dates back to the 1970s as a quality builder of superyachts and the company has delivered more than 30 yachts to date. Turquoise has two state-of-the-art construction facilities and a new drydock at its facility near Istanbul, allowing for nine yachts to be built concurrently. There are now four superyachts in build at various stages of completion.