(Sharecast News) - Superyacht specialist GYG made Kevin McNair's appointment to the role of chief financial officer permanent on Thursday, effective immediately.
McNair, who was appointed to GYG's board in March, took over as interim CFO when former finance head Gloria Fernandez stood down in July.

GYG said McNair, who was CFO at marketing and media firm Ebiquity before joining GYG, had already developed "a very strong and deep understanding" of the firm and stated he had been "an integral part of the team" since joining the group.

Chairman Stephen Murphy said: "On behalf of the board, I am delighted that Kevin has agreed to join the board of GYG as permanent CFO.

"Since Kevin joined the group in March, he has embedded himself in the business and taken on significant responsibilities and there is no doubt that his experience and knowledge will be invaluable as we continue on our growth journey."

Elsewhere, GYG said it will announce its interim results for the six months ended 30 June on 26 September.

As of 1400 BST, GYG shares were flat at 50p.