In a submit concerning the change, Oceanco says Newell’s curiosity within the model comes from a “lifelong fascination with the ocean” and “a deep respect for the individuals who reside and work on it.” Oceanco relies within the Netherlands, and it has modified management a couple of instances since its founding in 1987, with non-public investor Mohammed Al Barwani helming the corporate for the previous 15 years earlier than Newell got here alongside.
As for what Newell plans to do now that he’s the top of a giant superyacht builder, Oceanco places it fairly merely: “His first choice? Go away the group alone. Severely. Oceanco has imaginative and prescient and integrity, and a tradition that truly works. Gabe doesn’t need to repair it, he desires to gasoline it.”
