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ROD on the Ropes

Discussion in 'General Yachting Discussion' started by AffrayedKnot, Jul 22, 2014.

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  1. AffrayedKnot, Aug 18, 2014
    #21
    AffrayedKnot

    AffrayedKnot Senior Member

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    After succeeding Gerard Rodriguez as the Chairman of the Executive Board and Managing Director of the Rodriguez Group in October 2010, Eric de Saintdo was charged with the task of redeveloping the company’s managerial structure and altering the financial outlook after the economic downturn hit the superyacht market. Furthermore, Mr. de Saintdo was also brought in as the Executive CEO of Camper & Nicholsons. As such, de Sainto was in-charge of the resources available to CNI.

    Mr. de Saintdo entered the position touting a plan to turn things around, "an axis of recovery which would cut annual expenses of the Rodriguez Group by over €20 million". Instead, the company’s debt more than doubled under his supervision.
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