Four Seasons Yachts president and chief executive Larry Pimentel has left the luxury cruise start-up just 17 months after launching it.
Both Pimentel, who previously held leadership roles at Azamara, SeaDream Yacht Club, Cunard and Seabourn, and co-founder Philip Levine have vacated their roles.
US media reports said Levine resigned from the board and has contracted to sell his interest in the venture to existing shareholders.
In a statement, Marc-Henry Cruise Holdings, joint owner and operator of Four Seasons Yachts, said: “As Mr Pimentel and Mayor Levine embark on new endeavours, we extend our gratitude for their important contributions and wish them much success in their new ventures.”
The company confirmed it has started the search to recruit a new chief executive to lead Four Seasons’ “seasoned leadership team”.
“We continue to build exciting momentum as we work with Four Seasons towards the launch of the inaugural voyage of Four Seasons Yachts in 2025,” it added.
TTG has contacted Four Seasons Yachts for further comment.
Four Seasons Yachts expects the delivery of its first vessel from Fincantieri Shipyard next year.
A second yacht was ordered in June 2023 for 2026 delivery.
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