Business
Norwegian Cruise Line Holdings Enters into Employment and Equity Award Agreements with President and CEO
MIAMI, March 27, 2026 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises (“NCLH” or the “Company”), announced that it has entered into an employment agreement and restricted share unit award agreement with John W. Chidsey, its President and Chief Executive Officer on March 26, 2026, in connection with his appointment. Mr. Chidsey was appointed as President and Chief
About this update from Norwegian Cruise Line Holdings Ltd.
[{"type":"image","alt":"Norwegian Cruise Line Holdings Ltd.","displaySize":"","headline":null,"caption":"Norwegian Cruise Line Holdings Ltd.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":31,"url":"https://media.zenfs.com/en/globenewswire.com/a1c884429bc90b16d3d850be9c1d75d6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/aY1FgpA6bkcQmfXosE9ewQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQz/https://media.zenfs.com/en/globenewswire.com/a1c884429bc90b16d3d850be9c1d75d6","width":300,"height":31}},"lazy":false},{"type":"text","content":"MIAMI, March 27, 2026 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises (“NCLH” or the “Company”), announced that it has entered into an employment agreement and restricted share unit award agreement with John W. Chidsey, its President and Chief Executive Officer on March 26, 2026, in connection with his appointment.","length":450,"tagName":"p"},{"type":"text","content":"Mr. Chidsey was appointed as President and Chief Executive Officer on February 12, 2026. He has extensive experience leading large global consumer-facing businesses, including companies with franchised and other yield-driven, asset-intensive operating models. Over the course of his career, he has served in numerous executive leadership roles at pivotal moments, focusing on improving operational performance, strengthening execution and driving long-term value creation.","length":472,"tagName":"p"},{"type":"text","content":"Employment Agreement and Restricted Share Unit Inducement Award","length":63,"tagName":"p"},{"type":"text","content":"Mr. Chidsey’s employment agreement was approved by the Compensation Committee of the Board, in consultation with its independent compensation consultant, and is based on the same form of employment agreement that applies to our other senior executive officers. His compensation structure is designed to immediately align his incentives with long-term shareholder value creation, with the majority of his long-term compensation delivered in performance-based equity.","length":465,"tagName":"p"},{"type":"text","content":"Under the employment agreement, Mr. Chidsey is entitled to an annual base salary of $1,715,000. Beginning with our 2027 fiscal year, he will particip...