Executive Movements at Silversea Cruises

Mauro Terrevazzi has joined Silversea Cruise Holding's (parent company of Silversea Cruises) board of directors as deputy chairman. For Terrevazzi, the move marks a return to the company he helped establish, having served as a founding officer of Silversea Cruises in the early nineties.

Additionally, the company's president, Amerigo Perasso, has been promoted to chief executive officer of Silversea Cruise Holding, Silversea Cruises, and other companies in the Silversea group. He will hold the title of president and chief executive officer.

Manfredi Lefebvre continues as chairman of Silversea Cruise Holding, in charge of strategic development.

Perasso will work closely with Lefebvre also at the parent company level to support new initiatives and investments in the leisure and tourism sectors developed by Silversea Cruises Group, the company holding 100% of the shares in Silversea Cruise Holding of which Lefebvre is chairman and CEO.

"It is with great pleasure that we welcome Mauro back to Silversea," said Lefebvre. "I personally started working with him some 35 years ago and our business relationship ceased only briefly during that long period of time. I know his extraordinary expertise will be of enormous benefit to Silversea."

"The promotion of Amerigo to CEO recognizes his many achievements accomplished during his tenure as president, including the completion of a quick and efficient restructuring of the company's financial arrangements, paving the way for Silversea's continued growth and pursuit of new business opportunities" added Lefebvre.

Terrevazzi brings to the company exceptional expertise developed over a fifty-year career that includes experience in the shipping industry as well as forty years working in the cruise business. He has held top management and board positions for such companies as Vlasov Group, V.Ships, Sitmar, and Regent Seven Seas Cruises, in addition to Silversea.

Perasso's promotion to president and CEO comes thirteen months after his appointment as president. During this period, he is credited with increasing Silversea’s international distribution and presence; implementing a plan to expand the Silversea fleet; and reorganizing management systems and business practices to sustain the company's positioning in the ultra-luxury arena and enhance its growth opportunities. He completed several major transactions such as the signing of a newbuilding contract with the option for a second newbuild, and the acquisition and conversion of World Discoverer (to be renamed Prince Albert II), thus launching a new luxury-expeditionary division under the Silversea brand.

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