Sorry to see Mark Conroy go

[barefootfantasy]

I was sorry to see that Mark Conroy is moving up in January. Several times we cruised he was in the doorway to greet the passengers.

He stirred Regent in the right direction and was always available to answer our worriesome questions.

Congratulations Mark and good luck!!!!

Barefootfantasy

[WesW]

Thanks for sharing barefootfantasy, pls see news release below.

 

Ida and I are sorry to see Mark step down as President

 

http://www.marketwatch.com/story/mark-conroy-to-assume-new-role-with-prestige-cruise-holdings-2012-10-02

[Travelcat2]

Congratulations to Mark Conroy. He deserves it:D

 

Poor us. I'm trying to learn more details about the different positions. Just don't like the thought of Regent and Oceania having the same "sort of president". Very weird indeed.

[Wendy The Wanderer]

Really? Are you sure it isn't a demotion? Sounds a bit like one to me. (Okay, I read the press release--I guess it's not a demotion.) Good for him, I guess.

 

Not sure it's a good thing or a bad thing. I guess time will tell.

[TedC]

Beware!

 

I suspect it'll be a loss for us pax!

[fluckey]

Of course, I don't know anything about the moves, but for the press release to say Conroy will become an "executive advisor" , without any operating responsibility, is classic corporate double-talk for being pushed aside. Maybe the reality is that he doesn't want to travel or whatever, but I wouldn't bet on it.

[fluckey]

Or maybe Conroy will be working on the PCH sale/IPO?

[nana541]

Of course, I don't know anything about the moves, but for the press release to say Conroy will become an "executive advisor" , without any operating responsibility, is classic corporate double-talk for being pushed aside. Maybe the reality is that he doesn't want to travel or whatever, but I wouldn't bet on it.

 

Ditto... Just sayin!

[Travelcat2]

Agree with above posts. Just wish they would sell Regent to a company who cares about it.

[hondorner]

Agree with above posts. Just wish they would sell Regent to a company who cares about it.

Define why you think PCH does not care about Regent.

[hondorner]

Congratulations to Mark Conroy. He deserves it:D

 

Poor us. I'm trying to learn more details about the different positions. Just don't like the thought of Regent and Oceania having the same "sort of president". Very weird indeed.

Define why you think Kamlani is a "sort of" President.

[tourguide97]

Wendy's comment was right. Not a promotion based on 38 years in the financial industry. The job was "created for him."

 

Sorry to see him go.

 

Tourguide

[ChatKat in Ca.]

My take is he's got a foot out the door and a boot on his backside.

"Advisory Role" and he's out of Day to Day Management.

[WesW]

+1 Kathy/Chatcat.

[Travelcat2]

Define why you think Kamlani is a "sort of" President.

 

Very simple -- his position has been and will continue to be higher than that of a President. As you know, he is FDR's right hand man. Nothing negative implied by my comment.

 

Don, I would like to make one suggestion/statement. There are going to be some Regent loyalists that are not happy with this upcoming change. Rather than arguing or questioning them, it may be best to allow us to vent. We know that you have the highest respect for PCH and its' management. It isn't that others do not have that respect....... it simply takes time to digest this information.

 

Thanks for your consideration.

[hondorner]

Very simple -- his position has been and will continue to be higher than that of a President. As you know, he is FDR's right hand man. Nothing negative implied by my comment.

Thank you. It did appear to me to be negative.

Don, I would like to make one suggestion/statement. There are going to be some Regent loyalists that are not happy with this upcoming change. Rather than arguing or questioning them, it may be best to allow us to vent. We know that you have the highest respect for PCH and its' management. It isn't that others do not have that respect....... it simply takes time to digest this information.

 

Thanks for your consideration.

I will only say that having read the message from Mr. Conroy, and giving him the respect he deserves, and taking him at his word, it sounded sincere to me. He HAS been at the job for a long time, and he's not getting any younger. I can see him wanting to cut back. I can see it happening in exactly the manner he described so eloquently. I can also see the high regard that FDR has for him in creating this advisory position rather than losing him altogether. FDR will probably never completely take his hand off the helm, but has himself been cutting back and giving more responsibility to Kunal.

 

"I am very much looking forward to my new advisory role and taking a step back from the daily grind and extensive travel associated with running an international cruise line,’ Conroy said. ‘I enter my new role with the confidence that the day-to-day running of the company is in the capable hands of a seasoned team."

I guess I just don't see any grand conspiracy theory to push Mr. Conroy aside.

[adoctor]

For those who think that Apollo is a somehow "hands off" think again.This move is driven by the financial ownership looking for a speedy exit.

I am sorry to see a stalwart like Mr Conroy depart but lets not have any illusions here.He has been ousted by Apollo.

[kingfoot]

Could also be an "I quit" scenario. It's often difficult for an exec to "just walk" due to contractual issues such as non competes and deferred comp etc. Often an agreement like this "advisory role" is reached to soften the PR blow. I agree there is definitely more to the story one way or another...

[wripro]

Definitely pushed out.

[ChatKat in Ca.]

His wife is/was with Silversea. Most of the executives that were with RSSC have left to go there or Seabourn. They might have given him some kind of handshake deal to keep him away from another line.

[Itasca]

I smell merger. Regent and Oceania, I now pronounce you .... Oceania!

[larry1365]

Exec changes are usually much more complicated than they appear on the surface. Lots CC speculatinve discussion here based on no facts. However, the true facts will probably never come to light...and if they do, conspiracy theorists will ignore them.

[Travelcat2]

FDR has stated over and over and over and over....... Regent and Oceania will not merge!!!! I believe him! However, I still am not confident that he truly understands Regents luxury cruise competition. IMO, building what might be the most beautiful ship in the world does not make it luxury. Unless or until FDR personally steps foot on Silversea, Seabourn or Crystal, IMO, he will not understand the competition. How can Regent compete when the competition is not understood?

 

Side note: Mark Conroy knows the competition -- but, did anyone listen? Just curious.

[OrpingtonT]

Exec changes are usually much more complicated than they appear on the surface. Lots CC speculatinve discussion here based on no facts. However, the true facts will probably never come to light...and if they do, conspiracy theorists will ignore them.

 

Absolutely right, Larry.

[Responder]

I suppose if you look at their SEC report, you might figure that even though Regent's ships sail pretty full, the bottom line doesn't appear to be there.

 

Don't let PR get in the way of profit.

 

Hi, Tom & Don

 

burris