Chronicle Journal: Finance

Maurice Zarmati Named President & CEO of Costa Cruise Lines - North America

MIAMI, Feb. 28 /PRNewswire/ -- Maurice Zarmati has been named president and CEO of Costa Cruise Lines - North America. Zarmati, who is currently vice president of sales for Carnival Cruise Lines, will assume his new role beginning March 31, 2008. An accomplished sales executive, Zarmati has been with Carnival Cruise Lines since 1972, leading one of the largest and most successful sales teams in North America.

In his new role as president and CEO of Costa Cruise Lines - North America, Zarmati will report directly to Gianni Onorato, president of Costa Crociere, and will be responsible for all sales and marketing efforts for Costa's North and Central American regions. This includes sales development, marketing, revenue management, finance, human resources and passenger services. In the interim before Zarmati begins his position, Joni L. Rein, vice president of sales development and Ruben Perez, vice president of passenger services, will oversee all main functionalities of the Costa North America office.

"Maurice is well known and respected throughout the cruise industry for his numerous accomplishments and successes, so naturally we're thrilled to have him lead up the efforts for our North and Central American markets, which are key to the continued growth and success of the overall Costa Crociere brand," said Onorato. "Maurice brings nearly four decades of experience to the role, having led one of the biggest and best sales teams in North America with our sister company, Carnival Cruise Lines. We look forward to welcoming him to the Costa family in the next month."

Costa Cruises is Italy's and Europe's number one cruise vacation line. For the past 60 years its ships have sailed around the world, offering the best in Italian style, hospitality and cuisine and providing a dream vacation with the utmost in terms of fun and relaxation. In 2007 over 1.1 million Guests chose to cruise with Costa, a record for the European cruise industry. The Company's 12 fleet members, each with her own distinctive characteristics and unique style, all fly the Italian flag and sail to 250 destinations in the Mediterranean, Northern Europe, the Baltic Sea, the Caribbean, South America, the United Arab Emirates, the Far East and the Indian Ocean. Five more vessels have been commissioned and will enter service by 2012. Costa Cruises has been certified by RINA (Italian Shipping Register) with the BEST4, an integrated system of voluntary certification of corporate compliance with the highest standards governing social accountability (SA 8000, issued in 2001), environment (UNI EN ISO 14001, 1996), safety (OHSAS 18001, 1999) and quality (UNI EN ISO 9001, 2000). All Costa's ships have been awarded RINA's voluntary "Green Star" notation based on the highest environmental protection standards. Costa Cruises is also an official partner of the WWF for the protection of the marine ecoregions of the Mediterranean, the Greater Antilles and Brazil.

Source: Costa Cruises

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