Rather than adopting the persona of a suit-wearing business executive, Richards understands what his customers desire. A two-time world champion and nine-time winner of the Rolex Sydney-Hobart Yacht Race, Richards believes his extensive experience with yachts has shaped his approach as CEO. He stays actively involved in every facet of the business, from design to production.
When the ribbon was cut on March 4 at Grand Banks Yachts' (GBY) expanded Pasir Gudang shipyard, it marked a company sailing full speed ahead toward growth — a far cry from the sinking ship it once was.
CEO Mark Richards could be seen as Singapore-listed GBY’s "saviour," having revitalised the company after taking charge in 2014 following the acquisition of his Australia-based yacht business, Palm Beach Motor Yachts.
