New Vice President appointed by Baglietto Yachts

Baglietto shipyard is proud to announce the opening of a new office in the ...

New Vice President appointed by Baglietto Yachts

May 14, 2014

Written by Zuzana Bednarova

Baglietto shipyard is proud to announce the opening of a new office in the glamorous Florida yacht charter destination – Fort Lauderdale. It will be headed by Mr. Edward R. Sacks, new Baglietto Vice President and Member of the Board of Directors.

Edward R. Sacks

Edward R. Sacks

The main objective of the office will be to expand the presence and visibility for Baglietto in the North America and Mexico.

Edward R. Sacks was formerly the President and Chief Operating Officer of Wellman Industries, a multi-national producer of fibers, resins and plastics. He also served as Chairman and CEO of The Sherwood Financial Group; a registered investment advisory based in Los Angeles, and founded The Sacks Group, at its time the largest and most influential management company serving the megayacht industry.

Sacks has had a lengthy career operating, acquiring and developing companies within a diverse cross section of industries, including manufacturing, management consulting and financial services. In addition to serving on several Boards, he is Managing Director of The VSTH Group, LLC, a privately held merchant bank domiciled in Charlotte, North Carolina.

Sacks, described in a recent publication, as “the consummate American businessman and yachtsman”, built several yachts in Italy. The legendary AZZURRA, is recognized as “one of the finest yachts ever produced in that country”.

Below is a choice of the luxurious charter yachts built by Baglietto.

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