Norwegian Cruise Line Holdings Picks New CEO As Frank Del Rio Plans Retirement

Norwegian Cruise Line Holdings Inc NCLH said Frank J. Del Rio has decided to retire and step down from his position as the Company's President and Chief Executive Officer, and from its Board of Directors, effective June 30, 2023.
Del Rio will serve in a consultant capacity as a senior advisor to the Board through 2025.
Harry J. Sommer will succeed Del Rio and will also join the company's Board of Directors, effective July 1, 2023.
Sommer has over 30 years of experience in the cruise industry, currently serving as President and CEO of Norwegian Cruise Line Holdings' largest brand, Norwegian Cruise Line.
David J. Herrera, who has served as Chief Consumer Sales and Marketing Officer of NCL since 2021, will succeed Sommer as President of NCL, effective April 1, 2023.
Price Action: NCLH shares are trading higher by 0.95% at $12.70 in premarket on the last check Monday.
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