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Pierfrancesco Vago, Executive Chairman, MSC Cruises
Pierfrancesco Vago is MSC Cruises’ Executive Chairman since 2013. Prior to that, as Chief Executive Officer, he oversaw the Company’s expansion, achieving an industry-unprecedented 800% growth from 2003 to 2013.
Mr Vago leads the MSC Cruises’ ongoing strategy and long-term vision from the Company’s headquarters in Geneva, Switzerland. He has spearheaded the launch of the Company’s unprecedented 10-plus year investment plan, supporting the next phase of MSC Cruises’ growth. The plan encompasses 13 new next-generation cruise ships coming into service between 2017 and 2026, reflecting a capital investment of €11.6 billion. This will result in MSC Cruises’ passenger capacity tripling in just ten years.
Mr Vago also oversees all of the MSC Group’s subsidiaries with strategic relevance to the tourism sector.
Having studied Economics in the UK, at St Catharine’s College, University of Cambridge, Mr Vago entered the MSC Group in 2000, piloting a joint venture between the Italian-based ferry company SNAV and the Hoverspeed Sea container Group. In 2001 he rose to the position of Line Manager for the USA, Mexico and Canada within the Group’s container shipping business, MSC Mediterranean Shipping Company.
In January 2014 Mr Vago became Chairman of CLIA Europe, the European branch of the cruise industry’s global association, a position that he held until December 2016. During this time Mr Vago led CLIA Europe to take an increasingly more central role in engaging with all the relevant European and national authorities and legislative bodies across Europ. As a member of CLIA’s Global Executive Committee, Mr Vago remains closely involved in the cruise association’s work and activities. He is also a member of the European Executive Committee and Board.
Today, MSC Cruises is the world’s largest privately-owned cruise company and the fourth largest overall. It is also the brand market leader in Europe, South America and South Africa, employing over 16,000 staff and with offices in 45 countries.
Mr Vago is married, with two children.