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Palumbo gets new GM

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Italy-based Palumbo Group has hired Francesco Carbone as the new general manager of its yachting division. Carbone joins Palumbo from Admiral-Tecnomar, where he was sales director and president of the American branch the past eight years.

Prior to that, he served eight years as head of the strategic business unit at upholstery manufacturer Natuzzi Group.

“Francesco knows the yachting industry from the bottom up,” Palumbo CEO Giuseppe Palumbo said. “His professionalism, knowledge and experience over the international markets will be crucial to bringing our yacht brands to the next aimed level. The recent acquisition of lSA Yachts confirms our long-term strategies.”

Palumbo started in the 1967 as a carpentry and metalwork yard to support the local ship repair industry. Today, the company is a group with two major divisions (commercial shipyard and yachting) and six sites. Palumbo today represents a maritime maintenance and refitting center with an expanding network within the Mediterranean.

The new build division, which has been operating under Columbus Yachts since 2008, recently acquired ISA Yachts.

For more information, visit www.palumbogroup.it.

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