Norwegian Cruise Line Holdings Management
Management criteria checks 2/4
Norwegian Cruise Line Holdings' CEO is Harry Sommer, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is $8.86M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth R$33.39M. The average tenure of the management team and the board of directors is 1.9 years and 4.8 years respectively.
Key information
Harry Sommer
Chief executive officer
US$8.9m
Total compensation
| CEO salary percentage | 11.3% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.9yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$549m |
| Jun 30 2024 | n/a | n/a | US$420m |
| Mar 31 2024 | n/a | n/a | US$343m |
| Dec 31 2023 | US$9m | US$1m | US$166m |
| Sep 30 2023 | n/a | n/a | -US$210m |
| Jun 30 2023 | n/a | n/a | -US$851m |
| Mar 31 2023 | n/a | n/a | -US$1b |
| Dec 31 2022 | US$5m | US$900k | -US$2b |
| Sep 30 2022 | n/a | n/a | -US$3b |
| Jun 30 2022 | n/a | n/a | -US$4b |
| Mar 31 2022 | n/a | n/a | -US$4b |
| Dec 31 2021 | US$4m | US$699k | -US$5b |
| Sep 30 2021 | n/a | n/a | -US$4b |
| Jun 30 2021 | n/a | n/a | -US$4b |
| Mar 31 2021 | n/a | n/a | -US$4b |
| Dec 31 2020 | US$6m | US$594k | -US$4b |
| Sep 30 2020 | n/a | n/a | -US$3b |
| Jun 30 2020 | n/a | n/a | -US$2b |
| Mar 31 2020 | n/a | n/a | -US$1b |
| Dec 31 2019 | US$4m | US$700k | US$930m |
| Sep 30 2019 | n/a | n/a | US$964m |
| Jun 30 2019 | n/a | n/a | US$983m |
| Mar 31 2019 | n/a | n/a | US$970m |
| Dec 31 2018 | US$5m | US$600k | US$955m |
Compensation vs Market: Harry's total compensation ($USD8.86M) is above average for companies of similar size in the BR market ($USD5.75M).
Compensation vs Earnings: Harry's compensation has been consistent with company performance over the past year.
CEO
Harry Sommer (56 yo)
1.9yrs
Tenure
US$8,864,592
Compensation
Mr. Harry J. Sommer serves as the President & Chief Executive Officer of Norwegian Cruise Line Holdings Ltd. of Oceania Cruises S. de R.L. LLC. Mr. Sommer was Executive Vice President of International Busi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.9yrs | US$8.86m | 0.046% R$ 33.4m | |
| Executive VP & CFO | 6.8yrs | US$4.94m | 0.035% R$ 25.6m | |
| Executive VP | 16.8yrs | US$4.52m | 0.026% R$ 19.2m | |
| Senior Advisor | 1.5yrs | US$13.37m | 0.17% R$ 124.2m | |
| Executive VP & Chief Vessel Operations | 1.5yrs | US$5.98m | 0.0026% R$ 1.9m | |
| President of NCL & Chief Consumer Sales and Marketing Officer of NCL | 1.7yrs | US$2.70m | 0.031% R$ 22.8m | |
| Senior VP & Chief Accounting Officer | 8.8yrs | no data | 0.011% R$ 8.3m | |
| Head of Investor Relations & Corporate Communications | no data | no data | no data | |
| Senior Vice President of Sales | no data | no data | no data | |
| Executive VP & Chief People Excellence Officer | less than a year | no data | no data | |
| Managing Director of China Operations | 6.8yrs | no data | no data | |
| VP & MD - NCL APAC | no data | no data | no data |
1.9yrs
Average Tenure
52yo
Average Age
Experienced Management: N1CL34's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.4yrs | US$8.86m | 0.046% R$ 33.4m | |
| Independent Chairman | 7.9yrs | US$314.99k | 0.016% R$ 11.4m | |
| Vice Chairman of Oceania Cruises & Regent | 9.8yrs | US$5.83m | no data | |
| Independent Director | 2.1yrs | US$324.99k | 0.0090% R$ 6.6m | |
| Independent Director | 3.2yrs | US$359.99k | 0.0061% R$ 4.4m | |
| Independent Director | 10.7yrs | US$369.99k | 0.013% R$ 9.3m | |
| Independent Director | 1.2yrs | US$87.11k | 0.0098% R$ 7.1m | |
| Independent Director | 6.5yrs | US$354.99k | 0.0089% R$ 6.5m |
4.8yrs
Average Tenure
58.5yo
Average Age
Experienced Board: N1CL34's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 02:58 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Norwegian Cruise Line Holdings Ltd. is covered by 36 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Brandt Montour | Barclays |