Silversea Cruises Appoints Albert Peter As CEO

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, Dr. Manfredi Lefebvre has been appointed Chairman of Silversea, assuming this responsibility from his brother Professor Francesco Lefebvre. In his first order of business, Dr. Lefebvre has appointed Albert Peter to the position of CEO, effective immediately.

Currently in the midst of a fleet expansion that will increase Silversea's capacity by 130 percent, 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.