Norwegian Cruise Line Holdings (NYSE:NCLH) announced on Wednesday that the cruise operator’s president, David Herrera, has left the company effective August 20, and has been replaced on an interim basis by CEO Harry Sommer.
Herrera’s exit was part of a strategic leadership change. The company is currently conducting a “robust” search for his successor.
Additionally, as part of the company’s commitment to achieving its 2026 Charting the Course financial targets, Norwegian (NYSE:NCLH) has reaffirmed its full year guidance for a 16% increase in adjusted earnings to $2.05 per share, adjusted EBITDA up 11% to $2.72B, and net yield to increase 2.5%. Adjusted net cruise cost excluding fuel per capacity day is expected to increase ~6%.
Norwegian Cruise Line (NYSE:NCLH) shares are losing ground at the open, down 1.4%, with shares of Carnival Corp (CCL), Viking Holdings (VIK), and Royal Caribbean (RCL) lower in sympathy.
