Norwegian Cruise Line Holdings as we speak introduced the next key organizational modifications on the senior government management stage efficient January 1, 2023, as a part of its succession planning course of:
- The appointment of Andrea DeMarco, present Chief Sales and Marketing Officer for Regent Seven Seas Cruises, as President of Regent Seven Seas Cruises, succeeding Jason Montague.
- The appointment of Frank A. Del Rio, present Chief Sales and Marketing Officer for Oceania Cruises, as President of Oceania Cruises, succeeding Howard Sherman.
- To guarantee a easy and seamless transition, Montague and Sherman will function Special Advisors to the Company.
“We are grateful to Jason and Howard for their significant contributions to our Company’s success and their tremendous achievements at Regent Seven Seas Cruises and Oceania Cruises,” stated Frank Del Rio, president and chief government officer of Norwegian Cruise Line Holdings. “We look forward to continuing to partner with them in their new roles as Special Advisors and benefitting from the wealth of knowledge, experience and strategic relationships they have accumulated as leaders in the cruise industry for over two decades.”
Del Rio continued, “Our entire management team and Board of Directors are confident that Andrea and Frank are the right executives to succeed as Presidents of Regent Seven Seas Cruises and Oceania Cruises, respectively. In their current roles as Chief Sales and Marketing Officers for their brands they have worked side-by-side with Jason and Howard, proving time and again their leadership acumen, strategic mindsets and ability to deliver top notch results. I have no doubt that they are prepared to take the helm and build on our significant momentum at this critical time as we complete our transition to steady-state operations and prepare to deliver on our industry-leading growth profile.”
“Today’s announcements are the culmination of a robust succession planning process and reflect the deep bench strength across our organization,” stated Russell W. Galbut, chairman of the Board. “Andrea and Frank are talented and dynamic leaders who will bring unique, fresh and diverse perspectives in their new roles while also ensuring brand continuity with their significant Company and cruise industry experience. On behalf of the entire Board, I want to congratulate them on their new roles and I also want to thank Jason and Howard for their dedication, leadership and collaboration.”
According to the corporate, Andrea DeMarco has almost 20 years of numerous cruise business expertise throughout a number of areas of the enterprise. She has served as Chief Sales and Marketing Officer for Regent Seven Seas Cruises since September 2021, throughout a pivotal time for the cruise line because it resumed operations post-pandemic. Prior to this function, DeMarco held numerous positions of accelerating accountability since becoming a member of the Company in 2012, together with most just lately as Senior Vice President of Investor Relations, Corporate Communications and Environmental, Social and Governance for Norwegian Cruise Line Holdings from January 2020 till August 2021. She efficiently represented the Company to Wall Street since its preliminary public providing and earned quite a few accolades together with recognition because the #1 Overall Best Investor Relations Officer within the Leisure sector within the prestigious Institutional Investor All-American Executive Team rankings. Prior to her time on the Company, she labored in constitution gross sales and company monetary planning roles at Royal Caribbean Group. DeMarco has an M.B.A. in Finance from Florida International University and a B.S. in Finance from Florida State University.
“I am honored to lead the world’s leading luxury cruise line,” stated Andrea DeMarco, chief gross sales and advertising officer for Regent Seven Seas Cruises. “The hard-working and talented team at Regent is truly unrivaled, and I look forward to contributing to the line’s future growth and success, particularly as we prepare for the addition of our newest ship, Seven Seas Grandeur®, in 2023.”
According to a press launch, Frank A. Del Rio is an business veteran, having began his profession within the cruise business in 2003. Frank A. Del Rio has served as Chief Sales and Marketing Officer for Oceania Cruises since March 2022, the place he labored side-by-side with Sherman, and as Senior Vice President, Port Destinations and Onboard Revenue from March 2015 by means of April 2017. From 2018 till March 2022, Frank A. Del Rio pursued entrepreneurial alternatives within the non-public fairness, finance, and tech areas, the place he was concerned throughout a large spectrum of merchandise and industries, together with AI, telecommunications and 5G community options, medical, and actual property growth, together with serving as Chief Executive Officer of Divinus Life LLC, a specialty supplier of pores and skin and wellness merchandise, from 2018 by means of 2020. Prior to the Company’s acquisition of Prestige Cruises International S. de R.L. and its subsidiaries (“Prestige”), Frank A. Del Rio served as Senior Vice President, Port and Destination Services at Prestige from 2008 till March 2015 and as Vice President, Destination Services and Product Development at Prestige from 2003 to 2008. Frank A. Del Rio has a B.S./B.A. in Finance and Economics from the University of Florida.
“I look forward to building on the incredible momentum we are experiencing at the renowned Oceania Cruises brand,” stated Frank A. Del Rio, chief gross sales and advertising officer for Oceania Cruises. “I am truly humbled and thankful to lead the world-class team at Oceania and I am excited for the bright future we have ahead of us at the brand and the Company.”