A Florida CEO was killed Wednesday evening in a hit-and-run boat collision south of Miami, with his teenage son hospitalized following the crash.

Davide Veglia died when an estimated 30-foot vessel struck the small dinghy he was operating during an evening boat ride. The collision occurred in waters south of Miami, according to authorities.

Veglia's teenage son was aboard the smaller vessel at the time of the impact and was subsequently hospitalized. The extent of the son's injuries was not immediately disclosed.

The operator of the larger vessel fled the scene following the collision, prompting authorities to investigate the incident as a hit-and-run case. No arrests have been announced.

Authorities have not released additional details about the circumstances leading to the crash or the current condition of Veglia's son. The investigation into the fatal collision remains ongoing.