Norwegian Cruise Line Holdings Management
Management criteria checks 4/4
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 $5.31M. 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 percentage | 11.3% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Norwegian Cruise Line: High ROE And A Strong Consumer Are Driving Returns (Rating Upgrade)
Nov 13Earnings Update: Here's Why Analysts Just Lifted Their Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Price Target To US$28.59
Nov 10
Norwegian Cruise Line: Some Upside Remains, But Gains Can Slow Down
Nov 05Subdued Growth No Barrier To Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) With Shares Advancing 28%
Nov 01Returns On Capital At Norwegian Cruise Line Holdings (NYSE:NCLH) Have Hit The Brakes
Oct 214 Positives For Norwegian Cruise Line
Sep 29Norwegian Cruise Line Holdings Ltd.'s (NYSE:NCLH) Shares Climb 25% But Its Business Is Yet to Catch Up
Sep 14Norwegian Cruise Line Holdings (NYSE:NCLH) Has No Shortage Of Debt
Sep 10Norwegian Cruise Line Holdings: Sailing Towards A Brighter Horizon
Aug 19Results: Norwegian Cruise Line Holdings Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 02Norwegian Cruise Line Holdings Struggling In A Growing Industry
Jul 26Unpleasant Surprises Could Be In Store For Norwegian Cruise Line Holdings Ltd.'s (NYSE:NCLH) Shares
Jul 15Norwegian Cruise Line Holdings: Too Cheap To Ignore
Jul 02Here's What To Make Of Norwegian Cruise Line Holdings' (NYSE:NCLH) Decelerating Rates Of Return
Jun 21Norwegian Cruise Line: The Risk Versus Reward We Have Been Seeking
May 31Norwegian Cruise Line 2024 Investor Day Takeaways: She Sails Despite Debtweight
May 25Here's Why Norwegian Cruise Line Holdings (NYSE:NCLH) Is Weighed Down By Its Debt Load
May 06Norwegian Cruise Line: 11X P/E And A Lever For Earnings Growth (Rating Upgrade)
Apr 09Norwegian Cruise Line Holdings Ltd.'s (NYSE:NCLH) Shares Climb 34% But Its Business Is Yet to Catch Up
Mar 28Are Investors Undervaluing Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) By 22%?
Mar 21Norwegian Cruise Line Holdings Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Feb 29Norwegian Cruise Line: Ride Recovery Even Higher
Feb 28Norwegian Cruise Line Holdings' (NYSE:NCLH) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Feb 12These 4 Measures Indicate That Norwegian Cruise Line Holdings (NYSE:NCLH) Is Using Debt In A Risky Way
Jan 07Norwegian Cruise Line: Deteriorating Risk Matrix
Dec 26Norwegian Cruise Line Holdings Ltd.'s (NYSE:NCLH) 42% Price Boost Is Out Of Tune With Revenues
Dec 20Norwegian Cruise Line: Assessing Risks And Realities Of A Capital Intensive Business
Dec 09Norwegian Cruise Line Holdings (NYSE:NCLH) May Have Issues Allocating Its Capital
Nov 10Norwegian Cruise Line Holdings Stock: Swing Trade Alert
Nov 01Norwegian Cruise Line: Big Ships Turn Slowly - Have Patience
Sep 21Is Norwegian Cruise Line Holdings (NYSE:NCLH) A Risky Investment?
Sep 03Norwegian Cruise Line: Buy The Drop On Improving Operating Fundamentals
Aug 16Norwegian Cruise Line: Cheapest Cruise Line
Aug 02Norwegian Cruise Line Holdings: Only The Initial Rally
Jun 12Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Could Be 32% Above Their Intrinsic Value Estimate
Feb 09Why Norwegian Cruise Won't Miss This Iceberg
Feb 05NCL Corporation to raise $500M via debt capital
Jan 19Norwegian Cruise Line extends majority of operating credit facility
Dec 09Norwegian Cruise Line stock slips 4% postmarket as CEO, CFO sell shares for $1.5M
Nov 16Norwegian Cruise Line Holdings Q3 2022 Earnings Preview
Nov 07CEO 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 below average for companies of similar size in the US market ($USD12.74M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | US$8.86m | 0.046% $ 5.3m | |
| Executive VP & CFO | 6.7yrs | US$4.94m | 0.035% $ 4.1m | |
| Executive VP | 16.8yrs | US$4.52m | 0.026% $ 3.1m | |
| Senior Advisor | 1.4yrs | US$13.37m | 0.17% $ 19.8m | |
| Executive VP & Chief Vessel Operations | 1.4yrs | US$5.98m | 0.0026% $ 300.9k | |
| President of NCL & Chief Consumer Sales and Marketing Officer of NCL | 1.6yrs | US$2.70m | 0.031% $ 3.6m | |
| Senior VP & Chief Accounting Officer | 8.8yrs | no data | 0.011% $ 1.3m | |
| Head of Investor Relations & Corporate Communications | no data | no data | no data | |
| Senior Vice President of Sales | no data | 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 | |
| Senior Vice President of Port Development & Construction Management | 2.8yrs | no data | no data |
2.8yrs
Average Tenure
52yo
Average Age
Experienced Management: NCLH's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | US$8.86m | 0.046% $ 5.3m | |
| Independent Chairman | 7.8yrs | US$314.99k | 0.016% $ 1.8m | |
| Vice Chairman of Oceania Cruises & Regent | 9.8yrs | US$5.83m | no data | |
| Independent Director | 2yrs | US$324.99k | 0.0090% $ 1.0m | |
| Independent Director | 3.1yrs | US$359.99k | 0.0061% $ 705.2k | |
| Independent Director | 10.6yrs | US$369.99k | 0.013% $ 1.5m | |
| Independent Director | 1.1yrs | US$87.11k | 0.0098% $ 1.1m | |
| Independent Director | 6.4yrs | US$354.99k | 0.0089% $ 1.0m |
4.8yrs
Average Tenure
58.5yo
Average Age
Experienced Board: NCLH's board of directors are considered experienced (4.8 years average tenure).