Fabian Bez has resigned from his position as CEO of Torqeedo through a mutual agreement and has departed from the company's board.

Currently, the management board of Torqeedo has been reduced to two members, namely Takayuki Sato and Heiko Vietmeier.

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Heiko Vietmeier has taken over the CEO role in addition to his existing position as CFO, which he has been holding since November 2022.

Fabian was designated as the CEO in October 2022.

During his time as CEO, Torqeedo acknowledges Fabian's significant contributions to the company's successful growth.

“With his presence, Torqeedo has solidified its position as the leading global provider of electric mobility solutions for watercraft,” mentioned Takayuki Sato.

“On behalf of Yamaha Motor, I extend my gratitude to Fabian Bez for his committed service,” added Takayuki Sato.

Heiko further stated: “We extend our heartfelt appreciation to our colleague Fabian Bez for his dedication. With his assistance, Torqeedo has made substantial advancements.”

“We wish him the best in all his future professional and personal pursuits,” Heiko concluded.

Yamaha acquired Torqeedo in 2024.

This announcement follows the news that selected Torqeedo outboards will be accessible through the Yamaha dealer network in eight European countries starting from January 2025.

The integration of the dealer networks represents a significant step in the collaboration between the two companies and aims to enhance Torqeedo's distribution channels.

The lineup will feature the Travel Ultralight (1-3hp equivalent), the Travel Family (2-5hp equivalent), and the more robust Cruise models (6-25hp equivalent).

“We are excited to expand our reach through Yamaha's extensive and dependable dealer network,” stated Timm Burmeister, director of global business development.

“This partnership not only improves our capacity to introduce our innovative propulsion technologies to more dealers but also utilizes local expertise and in-depth market understanding.”