Silversea Cruises today released the following statement:

Silversea continues to evolve and to further strengthen its managerial structure.

Following the past year of development during which Enzo Visone took over as Executive Chairman, the Board of Directors has decided to appoint Visone as Group CEO. The role was de facto being successfully covered by Visone so such appointment formalizes his new role.

As of result of this change, Manfredi Lefebvre d'Ovidio returns as Chairman fully supporting Visone's mandate. Lefebvre has been part of the Silversea organization since the beginning of the company at the beginning of the nineties, so not only does he guarantee continuity, but his specific experience within the luxury segment of cruising will undoubtedly add value to the overall management team. Lefebvre is also the Chairman of the European Cruise Council (ECC) the representative body of the cruise industry in Europe.

The potential going forward is such that a management team must be strong and complementary in order to harvest the various opportunities. Silversea is no exception and is convinced that these changes will enhance the company's ability to prepare for the future.