The Ferretti Group announced that Stefano de Vivo has stepped down as chief commercial officer, and as managing director of Wally.
De Vivo was with the company for more than 10 years and played an important role in the development of the Wally brand. He is taking the position of CEO “at his own family office” starting Nov. 1. He will maintain a connection with the Ferretti Group as a technical consultant for the development of Wally Sail.
“The Ferretti Group expressed its appreciation for the work carried out by Stefano de Vivo over the years, acknowledging his fundamental contribution to the growth and consolidation of the Wally brand, renowned for its innovation in yacht design and technology,” Ferretti Group said in a statement.
The company added that De Vivo’s consultancy for Wally Sail will ensure strategic continuity in the brand’s development initiatives.
