Frank Del Rio, a prominent figure in the cruise industry, announces his retirement.
- Del Rio’s career in the cruise sector spans an impressive 30 years.
- He will remain on as a senior advisor until 2025 after stepping down.
- Harry Sommer to succeed Frank Del Rio as NCLH president from July 1, 2023.
- Del Rio founded Oceania Cruises and expanded Norwegian Cruise Line Holdings.
Frank Del Rio, an esteemed leader in the cruise industry, has announced his decision to retire after an illustrious 30-year career. His tenure has been marked by transformative achievements that have shaped the sector considerably. Del Rio will not entirely sever his ties with Norwegian Cruise Line Holdings (NCLH), as he is set to continue in a senior advisory role until 2025, ensuring a smooth transition.
Throughout his career, Del Rio has been instrumental in driving innovation and success within the cruise industry. Notably, he founded Oceania Cruises in 2002, which was pivotal in creating a new upper premium market segment. His leadership of Norwegian Cruise Line Holdings since 2015 has seen the launch of eight ships, alongside the establishment of a second private island destination at Harvest Caye.
The company will soon witness a new chapter as Harry Sommer steps up as president and chief executive, effective from 1 July 2023. Sommer, currently leading Norwegian Cruise Line, will be succeeded by David Herrera, who has served as chief consumer sales and marketing officer since 2021. This planned succession underscores a forward-thinking approach to leadership at NCLH.
Del Rio’s contributions have been acknowledged with high praise from colleagues and industry insiders. NCLH chairman Russell Galbut expressed gratitude on behalf of the board, highlighting Del Rio’s exceptional financial management, fleet expansion, and enhancement of global reach, all of which have enriched the cruising experience and fortified the company’s standing in the industry.
Del Rio himself has reflected on his journey with a sense of fulfilment, expressing heartfelt thanks to the 39,000 team members whose dedication and teamwork have been fundamental to the company’s achievements. His successor, Harry Sommer, has voiced his honour at taking the helm, recognising Del Rio’s influence and the board’s support as they steer towards forthcoming endeavours.
Frank Del Rio’s retirement marks the end of a significant era in the cruise industry, paving the way for new leadership and continued innovation.
