Press Release: Silversea Cruises, Ltd.
June 13, 2001
FT. LAUDERDALE, FL -- Ultra-luxury cruise line, Silversea Cruises, Ltd., has announced that its owners, Italy's
Lefebvre family, have completed a restructuring of its family holdings. As part of this process, Dott. Manfredi
Lefebvre has been appointed Chairman of Silversea, assuming this responsibility from his brother Professor Francesco
Lefebvre. In his first order of business, Dott. Lefebvre has appointed Albert Peter to the position of Chief Executive
Officer, effective immediately.
Currently in the midst of a fleet expansion that will increase Silversea's capacity by 130%, these developments
have been put in place to position the award-winning company for continued growth and expansion. The line welcomed
the 382-guest, 28,258 grt Silver Shadow in September 2000 and is preparing to take delivery of sister ship Silver
Whisper later this month.
Peter has had a long association with Silversea, having been its banker throughout the company's recent expansion,
which began in 1998. Prior to joining Silversea, Peter held senior management positions in the international banking
and venture capital industry, providing him with in-depth exposure to a variety of different industries. During
his four-year tenure with Bermuda-based Centre Solutions, an international and leading provider of innovative financing
solutions, Peter was specifically responsible for all cruise industry related financing transactions worldwide.
Peter joins Silversea's executive team of industry veterans -- President Bill Smith; Sr. Vice President and C.F.O.
Pradeep Bajaj; Sr. Vice President of Worldwide Sales and Marketing Bill Leiber, CTC; and Sr. Vice President of
Vessel Operations Robin Lindsay -- and will guide the company on a strategic path of growth and continued success.
With the launch of the 296-guest, 16,800 grt Silver Cloud in 1994 and sister ship Silver Wind in 1995, Silversea
established itself as the defining name in luxurious and sophisticated travel. The line's award-winning all-suite
ships bring guests to the far corners of the globe in peerless style and comfort, blending large ship amenities
with an intimate onboard atmosphere of casual elegance. The addition of Silver Shadow and Silver Whisper firmly
establishes Silversea's position as the leader in elite small ship cruising.
Silversea's all-inclusive air/sea fares are by far the most comprehensive in the industry making travel near effortless
by including roundtrip air transportation, a deluxe pre-cruise hotel stay and all transfers and porterage, expertly
arranged by the line's professional travel staff. Aboard the vessels, Silversea's all-inclusive philosophy makes
guests feel ``at home'' by conveniently including all wine, spirits and champagne throughout the ship, all gratuities,
all port charges and a special shoreside excursion, The Silversea Experience, on select voyages.
SOURCE: Silversea Cruises, Ltd.