New leadership for Regent Seven Seas and Oceania in NCLH shakeup

New leadership for Regent Seven Seas and Oceania in NCLH shakeup

MIAMI — Norwegian Cruise Line Holdings Ltd. has announced several organizational changes at the senior executive level, effective Jan. 1, 2023.

NCLH says the changes are part of its succession planning process.

Andrea DeMarco, current Chief Sales and Marketing Officer for Regent Seven Seas Cruises, has been named President, succeeding Jason Montague.

Frank A. Del Rio, current Chief Sales and Marketing Officer for Oceania Cruises, will take over as President of Oceania Cruises, succeeding Howard Sherman.

Montague and Sherman will serve as special advisors to the company, to ensure a smooth and seamless transition.

“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,” said Frank Del Rio, NCLH’s President and CEO. “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.”

He added: “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.”

DeMarco has close to 20 years of diverse cruise industry experience across multiple areas of the business. She has served as Chief Sales and Marketing Officer for Regent Seven Seas Cruises since September 2021. Prior to this role, DeMarco held various positions of increasing responsibility since joining the company in 2012, including most recently as Senior Vice President of Investor Relations, Corporate Communications and Environmental, Social and Governance for NCLH. Prior to her time at NCLH, she worked in charter sales and corporate financial planning roles at Royal Caribbean Group.

“I am honoured to lead the world’s leading luxury cruise line,” said DeMarco. “The hard-working and talented team at Regent is truly unrivalled, 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.”

Frank A. Del Rio started his career in the cruise industry in 2003. He’s served as Chief Sales and Marketing Officer for Oceania Cruises since March 2022, where he worked side-by-side with Sherman, and as Senior Vice President, Port Destinations and Onboard Revenue March 2015 – April 2017. From 2018 until March 2022, he pursued entrepreneurial opportunities in the private equity, finance, and tech spaces, where he was involved across a wide spectrum of products and industries, including AI, telecommunications and 5G network solutions, medical, and real estate development.

“I look forward to building on the incredible momentum we are experiencing at the renowned Oceania Cruises brand,” he said. “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.”

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