Genting HK wraps up Crystal Cruises acquisition; promotes management team

CRYSTAL Cruises’ existing management team will remain in place, announced the cruise operator’s new owner Genting Hong Kong, as it completed the acquisition in a US$550 million deal this week.

Lim Kok Thay, executive chairman of Genting Group and the former chairman of Norwegian Cruise Line, has been named the new chairman of Crystal Cruises.

He takes over from Nobuyoshi Kuzuya who returns to Nippon Yusen Kabushiki Kaisha, Crystal Cruises’ previous owner.

But the rest of Crystal Cruises’ managing team remains in place and has been promoted.

Crystal Cruises told TTG Asia e-Daily last month that there would be no change in existing management and business direction despite the takeover.

Edie Rodriguez, last president and COO for Crystal, is now president and CEO; Thomas Mazloum has been promoted from executive vice president to COO.

Said Lim in a statement: “The current management team and crew will continue to lead Crystal’s six-star operation while Genting will provide the financial resources and proven expertise in innovative ship design to deliver a new ultra-luxury ocean vessel by 2018.”

Sponsored Post