Crystal Acquisition Complete
Genting Hong Kong (GHK) has completed the acquisition of Crystal Cruises from Nippon Yusen Kabushiki Kaisha for a total transaction of US$550 million.
GHK announced a new chairman of Crystal and promotions for Crystal’s current senior management team, guaranteeing a streamlined transition and virtually no interruption in operations and ensuring award-winning service.
Tan Sri Lim Kok Thay, executive chairman of the Genting Group and the former chairman of Norwegian Cruise Line, assumes the position of chairman of Crystal, replacing Nobuyoshi Kuzuya who will return to NYK in a key executive position.
Edie Rodriguez, a 34-year travel industry veteran who was previously president and chief operating officer will be promoted to president and chief executive officer. Thomas Mazloum, a 20-plus year veteran of Crystal’s management team who was previously executive vice-president will be promoted to chief operating officer.
