Silversea Cruises announced that Bill Smith will step down from
his position as president of the company, effective December 15th to pursue personal interests.
Smith stated that given the company's success, and with his personal
objectives having been accomplished, it is a good time to move on.
Smith joined Silversea in March 1995 as senior vice president, sales and
marketing, and was named president in November 1995. During his tenure as
President, Silversea established its worldwide reputation for excellence. The
line expanded from a two-ship to a four-ship fleet.
Silversea CEO Albert Peter expressed his appreciation for Smith's important
contributions to the development of the company.