The Ritz-Carlton Yacht Collection Announces The Promotion Of Ernesto Fara To President And CFO

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Fort Lauderdale, FL – May 12, 2023 – The Ritz-Carlton Yacht Collection (the Company) announced today that Ernesto Fara, the Company’s Chief Financial Officer, has been promoted to President and CFO. Ernesto started with the Company in 2020 as its CFO and Board Member after six years as CFO and Board Member of Silversea Cruises. Ernesto directed the implementation of the Company’s fleet deployment as he originated and financed the two new superyachts Ilma and Luminara which are slated to set sail in 2024 and 2025, respectively.

 

“Ernesto has over ten years of experience in the luxury cruise industry in business development, sales and marketing, and operations,” said Jim Murren, Chairman and CEO of The Ritz-Carlton Yacht Collection. “He has extensive experience in strategic planning and performance improvement programs. I look forward to working closely with Ernesto and our talented team as we propel the Company forward.”

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PRESS CONTACTS

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Meg Connolly Communications: ritzcarltonyachtcollection@mcc-pr.com

The Ritz-Carlton Yacht Collection: diana.gdula@ritz-carltonyachtcollection.com

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ABOUT THE RITZ-CARLTON YACHT COLLECTION

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Designed to blend the legendary service and unparalleled amenities of The Ritz-Carlton® with the casual freedom of yachting, The Ritz-Carlton Yacht Collection offers bespoke voyages in the Mediterranean, Northern Europe, Asia-Pacific, and the Caribbean. Enchanting itineraries provide guests with access to sought-after and unique destinations, the ease of all-inclusive onboard experiences, and curated excursions ashore.

 

The collection’s inaugural yacht, Evrima, launched in October 2022, measures 624 feet and features 149 airy suites with private ocean-view terraces, accommodating up to 298 guests in an intimate and elegant ambiance. Ilma, the second superyacht, debuted in September 2024, spanning 790 feet and showcasing 224 spacious, light-filled suites for up to 448 guests, delivering refined luxury at sea. The fleet will expand further with Luminara, slated to debut in 2025, presenting voyages to secluded harbors and iconic cities.

 

Each yacht reflects contemporary craftsmanship and meticulous attention to detail, with some of the highest staff-to-guest and guest-to-space ratios at sea. Guests enjoy personalized service, world-class dining, The Ritz-Carlton Spa®, and exclusive amenities. Private charter options are also available for a fully tailored journey. For more information, visit ritzcarltonyachtcollection.com.

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