Portland, Ore., shipbuilder Diversified Marine Inc. (DMI) has promoted Frank Manning to president and COO. Diversified’s founder and sole proprietor, Kurt Redd, who has served as president and CEO for 43 years, will stay energetic within the firm and proceed to function chairman and CEO, whereas Manning might be liable for the corporate’s gross sales and day after day operations.
“I have felt a generational shift happening in the industry for years. DMI needed someone who could build relationships with the next generation of decision makers,” says Redd. “When I met Frank, I felt he had the ability, drive, and charisma to lead our team forward. He and the team have worked hard over the past three years to deliver boats through challenging times. Frank has an exciting vision for DMI’s future, and I am confident he will lead the team in the right direction.”
A number one specialist in tugboat constructing, Diversified Marine has delivered 5 tugs because the begin of the pandemic, with two extra at the moment beneath building.
“Our yard is filled with hard-working, honest, decent people who are committed to delivering quality tugs for our customers,” stated Manning. “I am excited to lead our team forward and honored to continue the legacy created by Kurt and our team over 43 years. We’ve made some significant changes over the last three years to position DMI for growth and innovation. I’m proud of the work we’ve done and confident that we are just getting started.”