Ritz-Carlton Yacht Collection president Ernesto Fara is now also CEO of the luxury cruise line, succeeding Jim Murren.
Fara has been president since 2023 and joined the company in 2020 as CFO. He was previously CFO at Silversea Cruises.
/Jim-Murren.jpeg?n=8832&tr=w-500%2Cfo-auto)
Jim Murren
"With the successful launch of our third yacht, Luminara, and our continued expansion into new regions, we're entering a thoughtful next phase of growth," said Fara. "I want to thank Jim for his leadership and partnership over the past few years. He's played a central role in shaping the brand, and I'm committed to carrying forward the vision we share for creating immersive and unforgettable guest experiences at sea."
Murren, who had been CEO since 2023, will remain with Ritz-Carlton Yacht Collection as executive chairman.