easyCruise announce relocation of centre of operations

posted: 21.12.06

easyCruise, the cruise line owned by Stelios and the easyGroup has announced today that it will relocate its centre of operations from Monaco to Athens, Greece.

A subsidiary of the company will establish an office in Athens and the recently appointed Finance Director, Stelios Panagiotou, will be based there. An executive search firm based in Athens (part of KPMG) has been appointed to search for a suitable executive to head the operation in Greece with the title of General Manager. As already announced the m/v easyCruiseOne will be based in Greece in the summer of 2007, a programme already enjoying strong bookings.

Following the plans to relocate operations Gwyn Hughes has decided to relinquish his role as CEO of easyCruise Ltd.  Stelios commented: “I would like to thank Gwyn for his efforts in developing the plans for this exciting company. He will oversee the plans for moving the operational center of the company to Athens to be closer to the ship. I am glad that after this Gwyn will continue to offer his experience on the new building contract negotiations, which are expected to continue with shipyards for at least another 6 months pending EU regulatory processes relating to export credit guarantees.”

Gwyn commented: “With the decision to base the operation in Athens it was opportune for me to hand over to a Greek management team.”

easyCruise will continue to have a marketing company based in the UK headed by Paul Ellerby.