Frank Del Rio, the founder of Oceania Cruises, is chairman & CEO of Prestige Cruise Holdings, the parent corporation of Oceania Cruises and Regent Seven Seas Cruises. Based in Miami, he is responsible for the financial and strategic development of Oceania Cruises and Regent Seven Seas Cruises. Prior to founding Oceania Cruises, Del Rio played a vital role in the development of Renaissance Cruises, serving as executive vice president, chief financial officer and co-chief executive officer from 1993 to April, 2001. During his tenure at Renaissance, the line's revenue grew from $24 million in 1992 to $610 million in 2000 and became the fifth-largest cruise line in the world. Between 2003 and 2007, Del Rio was instrumental in the development and growth of Oceania Cruises and during this four-year period, the company grew from a start-up with $14 million in capital to being valued at greater than $850 million. He holds a bachelor's degree in Accounting and is a Certified Public Accountant.