Executive Profiles
Mark Richards
Chief Executive Officer and Executive Director
Mark Richards
After a decade as a professional yachtsman, Mark launched Palm Beach in 1995. Originally focused on building sailing yachts, the successful venture added powerboats to the mix in 1999, starting with the original PB38. Palm Beach Motor Yachts quickly went on to win international and domestic acclaim. Mark's passion for the water, years of expertise and innovative approach to creating superior craft have ushered in a new and exciting era for Grand Banks Ltd.

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Heng Huat Chiam
Chief Financial Officer
Heng Huat Chiam
Chiam was previously the CFO of RF Networks Pte Ltd, a network infrastructure services provider based in the USA. From 2012 to 2014, Chiam was the Country Manager for BT Global Services Pte Ltd where he led the IT business for British Telecom in Singapore.

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Hank Compton
Managing Director
Hank Compton
Hank manages the daily operations at Grand Banks, all sales and marketing outside the U.S., and works closely on development projects.

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Dave Northrop
VP Sales and Marketing
Director Operations Americas
YP Wong
Dave Northrop joined Grand Banks in August of 2014 at the time Palm Beach was acquired by Grand Banks.

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Fran Morey
Director of Service & Training
Fran Morey
Fran Morey joined Grand Banks in 1997 and has taken on multiple roles during this period. He was recently appointed the Director of Service and Training where he has various responsibilities which include being a factory liaison for customers and authorized dealers regarding after-sales and service support matters, introducing product improvements, and training both sales people and marine technicians.

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