Chris Heaton has been named as the new general manager at Australian boatbuilder Mustang, which was recently sold by receivers to Standard Bank.
Thirty-nine year-old Heaton has had a varied background in general business management, both in Oceania and internationally. Before entering the marine industry he worked for Caterpillar in the mining sector, most recently in Indonesia. Heaton, a keen sailor, then owned and ran Oliver Marine in New Zealand before forming a partnership with Mustang in July 2006. He is reported to be looking forward to working with Mustang's new owners and restoring the company's place in the market. One of Australia's main boatbuilders, Queensland-based Mustang went into receivership in October 2007 and has since been acquired by South African financial institution Standard Bank.
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