Norwegian Cruise Line Holdings Ltd.

BOVESPA:N1CL34 Stock Report

Market Cap: R$67.3b

Norwegian Cruise Line Holdings Management

Management criteria checks 3/4

Norwegian Cruise Line Holdings' CEO is Harry Sommer, appointed in Jan 2023, has a tenure of 1.83 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$30.79M. The average tenure of the management team and the board of directors is 2.8 years and 4.8 years respectively.

Key information

Harry Sommer

Chief executive officer

US$8.9m

Total compensation

CEO salary percentage11.3%
CEO tenure1.8yrs
CEO ownership0.05%
Management average tenure2.8yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Harry Sommer's remuneration changed compared to Norwegian Cruise Line Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$549m

Jun 30 2024n/an/a

US$420m

Mar 31 2024n/an/a

US$343m

Dec 31 2023US$9mUS$1m

US$166m

Sep 30 2023n/an/a

-US$210m

Jun 30 2023n/an/a

-US$851m

Mar 31 2023n/an/a

-US$1b

Dec 31 2022US$5mUS$900k

-US$2b

Sep 30 2022n/an/a

-US$3b

Jun 30 2022n/an/a

-US$4b

Mar 31 2022n/an/a

-US$4b

Dec 31 2021US$4mUS$699k

-US$5b

Sep 30 2021n/an/a

-US$4b

Jun 30 2021n/an/a

-US$4b

Mar 31 2021n/an/a

-US$4b

Dec 31 2020US$6mUS$594k

-US$4b

Sep 30 2020n/an/a

-US$3b

Jun 30 2020n/an/a

-US$2b

Mar 31 2020n/an/a

-US$1b

Dec 31 2019US$4mUS$700k

US$930m

Sep 30 2019n/an/a

US$964m

Jun 30 2019n/an/a

US$983m

Mar 31 2019n/an/a

US$970m

Dec 31 2018US$5mUS$600k

US$955m

Compensation vs Market: Harry's total compensation ($USD8.86M) is above average for companies of similar size in the BR market ($USD5.74M).

Compensation vs Earnings: Harry's compensation has been consistent with company performance over the past year.

CEO

Harry Sommer (56 yo)

1.8yrs

Tenure

US$8,864,592

Compensation

Mr. Harry J. Sommer served as Chief Executive Officer of Norwegian Brand (Norwegian Cruise Line) at Norwegian Cruise Line Holdings Ltd. since January 2020 until 2023. He serves as President & Chief Executi...

Leadership Team

NamePositionTenureCompensationOwnership
Harry Sommer
President1.8yrsUS$8.86m0.046%
R$ 30.8m
Mark Kempa
Executive VP & CFO6.7yrsUS$4.94m0.035%
R$ 23.6m
Daniel Farkas
Executive VP16.8yrsUS$4.52m0.026%
R$ 17.7m
Frank Del Rio
Senior Advisor1.4yrsUS$13.37m0.17%
R$ 114.5m
Patrik Dahlgren
Executive VP & Chief Vessel Operations1.4yrsUS$5.98m0.0026%
R$ 1.7m
David Herrera
President of NCL & Chief Consumer Sales and Marketing Officer of NCL1.6yrsUS$2.70m0.031%
R$ 21.1m
Faye Ashby
Senior VP & Chief Accounting Officer8.8yrsno data0.011%
R$ 7.7m
Sarah Inmon
Head of Investor Relations & Corporate Communicationsno datano datano data
Todd Hamilton
Senior Vice President of Salesno datano datano data
Alex Xiang
Managing Director of China Operations6.8yrsno datano data
Ben Angell
VP & MD - NCL APACno datano datano data
Juan Kuryla
Senior Vice President of Port Development & Construction Management2.8yrsno datano data

2.8yrs

Average Tenure

52yo

Average Age

Experienced Management: N1CL34's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Harry Sommer
President1.3yrsUS$8.86m0.046%
R$ 30.8m
Stella David
Independent Chairman7.8yrsUS$314.99k0.016%
R$ 10.5m
Robert Binder
Vice Chairman of Oceania Cruises & Regent9.8yrsUS$5.83mno data
Zillah Byng-Thorne
Independent Director2yrsUS$324.99k0.0090%
R$ 6.1m
Harry Curtis
Independent Director3.1yrsUS$359.99k0.0061%
R$ 4.1m
David Abrams
Independent Director10.6yrsUS$369.99k0.013%
R$ 8.6m
Jose Cil
Independent Director1.1yrsUS$87.11k0.0098%
R$ 6.6m
Mary Landry
Independent Director6.4yrsUS$354.99k0.0089%
R$ 6.0m

4.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: N1CL34's board of directors are considered experienced (4.8 years average tenure).