Sunseeker completes ownership transfer and names incoming CEO
Sunseeker International has announced the completion of its ownership transfer to Cross Ocean Partners and Cheyne Capital, alongside plans to appoint Scott Millar as chief executive officer. Cross Ocean Partners and Cheyne Capital have formally become Sunseeker’s long-term owners and shareholders, according to the yacht builder.
Millar is due to become chief executive officer, although the company has not provided a commencement date. He initially joined Sunseeker through Teneo, where he supported the development of the company’s five-year growth plan. Sunseeker said Millar has more than 27 years of experience in business transformation and operational improvement, including senior roles as chief executive officer and chief transformation officer across several international industries. He will succeed Steve Timms, who has served as interim chief executive officer during the company’s strategic development and ownership transition.











