Norwegian Cruise Line Holdings Appoints John W. Chidsey as President and Chief Executive Officer

Core Viewpoint - Norwegian Cruise Line Holdings Ltd. has appointed John W. Chidsey as the new President and Chief Executive Officer, succeeding Harry Sommer, to drive the next phase of growth and execution for the company [1][10]. Leadership Transition - John W. Chidsey has a strong background in leading global consumer-facing companies through strategic transformations, including his recent role as CEO of Subway Restaurants, where he modernized operations and repositioned the brand for long-term growth [2][5]. - The Board of Directors expressed confidence in Chidsey's ability to enhance execution, strengthen financial performance, and drive long-term shareholder value [3]. Company Performance Expectations - Norwegian Cruise Line Holdings expects its fourth quarter 2025 Net Yield to be around the midpoint of the previously disclosed range, with core quarterly and full year 2025 results aligning with prior guidance [4]. - The company will release detailed results for the fourth quarter and full year 2025 on March 2, 2026 [4]. Company Overview - Norwegian Cruise Line Holdings operates three brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, with a combined fleet of 34 ships and over 71,000 berths, offering itineraries to approximately 700 destinations worldwide [8]. - The company plans to add 14 additional ships across its brands by 2036, which will increase its fleet capacity by over 39,200 berths [8].