Norwegian Cruise Line Holdings FY2026 sets CEO base salary at $1,715,000; bonus climbs to $2.9 million due to fixed payout terms

Reuters03-27 19:50

Norwegian Cruise Line Holdings FY2026 sets CEO base salary at $1,715,000; bonus climbs to $2.9 million due to fixed payout terms

Norwegian Cruise Line Holdings entered into an employment agreement with President and CEO John W. Chidsey that provides an annual base salary of USD 1.7 million.
His annual bonus was set at USD 2.9 million, and the agreement includes a target bonus opportunity of 175% of base salary beginning in 2027.
Chidsey received a one-time target equity award of 2,139,892 restricted share units with an intended value of about USD 48 million.
The equity award includes 1,172,638 performance share units with an intended value of about USD 28.8 million and 967,254 restricted share units with an intended value of about USD 19.2 million.
The restricted share units vest in four annual installments starting March 1, 2026, while the performance share units cliff-vest after four years based on total shareholder return CAGR targets ranging from 5% to 20%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Norwegian Cruise Line Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603270750PRIMZONEFULLFEED9679569) on March 27, 2026, and is solely responsible for the information contained therein.

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