Norwegian Cruise Line Holdings Names John W. Chidsey President and CEO

On February 12, 2026, Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) made a significant announcement regarding the appointment of John W. Chidsey as the President and Chief Executive Officer, taking on the responsibilities from Harry Sommer who has stepped down from the position. Chidsey, who was already a member of the NCLH Board of Directors, has a strong background as a consumer brand executive, well-versed in driving growth and execution in large global companies. Through his experience in leading multiple companies through strategic and operational transformations, Chidsey has demonstrated his ability to enhance performance, restore operational discipline, and position organizations for success.

Having most recently served as the Chief Executive Officer of Subway Restaurants, Chidsey led a comprehensive effort to reposition the brand, modernize operations, and reinforce long-term growth prospects for the company. His previous roles at Burger King Holdings, Inc., and Cendant Corporation also showcase his leadership in guiding companies through significant change and improving operational efficiencies. Chidsey holds an MBA in Finance and Accounting, a J.D. from Emory University, and a B.A. from Davidson College, indicating a solid educational foundation to complement his practical experience.

Chidsey expressed his enthusiasm for his new role at Norwegian Cruise Line Holdings, emphasizing his commitment to work alongside the Board and management team to enhance execution, bolster performance, and continue providing exceptional vacation experiences to guests. Working with a team that includes award-winning brands, dedicated employees, and loyal guests, Chidsey aims to build upon the existing foundation to create long-term value for shareholders.

The Company expects its fourth-quarter 2025 Net Yield to align with the previously disclosed range, with core quarterly and full-year results for 2025 anticipated to be in line with the guidance issued in November 2025. Additional details regarding the financial performance for the fourth quarter and full year of 2025 are expected to be released on March 2, 2026.

Norwegian Cruise Line Holdings Ltd. is a leading global cruise company, operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, with a combined fleet of 34 ships and more than 71,000 berths. The company offers itineraries to approximately 700 destinations worldwide and plans to introduce 14 additional ships across its three brands by 2036, significantly expanding its fleet capacity. This growth strategy aims to enhance the company’s position in the industry and provide guests with an even wider range of vacation options.

In conclusion, Norwegian Cruise Line Holdings welcomes John W. Chidsey as the new President and Chief Executive Officer, looking forward to leveraging his expertise to drive the company’s next phase of growth and success. Chidsey’s leadership and strategic vision are expected to strengthen the company’s financial performance, reduce leverage, and create long-term value for shareholders while maintaining a focus on delivering exceptional vacation experiences to guests worldwide.