NCLH appoints Howard Sherman as President and CEO of Oceania Cruises; Robert Binder moves to advisory role

Norwegian Cruise Line Holdings Ltd.

Robert Binder transitions to Vice Chairman of NCLH effective Jan 1, 2022, from prior roles as President/CEO of Oceania Cruises and Vice Chairman of Oceania and Regent.
Howard Sherman, age 53, appointed President and CEO of Oceania Cruises effective Jan 1, 2022; previously EVP Onboard Revenue and Destination Services since Sept 2016.
Sherman's employment agreement: $700,000 base salary, annual bonus eligible (Compensation Committee discretion), 2x base salary severance, 18-month COBRA subsidy.
Initial employment term Jan 1, 2022 – Dec 31, 2022, with automatic one-year renewal unless 60-day non-renewal notice given.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Robert Binder

Vice Chairman

NCLH · Norwegian Cruise Line Holdings Ltd.

Effective: 2022-01-01
Successor: Howard Sherman
Filed: November 8, 2021, 6:59 PM ET

Mr. Robert Binder, President and Chief Executive Officer, Oceania Cruises and Vice Chairman, Oceania Cruises and Regent, would be transitioning to a new advisory role as Vice Chairman, Norwegian Cruise Line Holdings Ltd., effective as of January 1, 2022.

Appointed

Howard Sherman

President and Chief Executive Officer, Oceania Cruises

NCLH · Norwegian Cruise Line Holdings Ltd.

Effective: 2022-01-01
Filed: November 8, 2021, 6:59 PM ET

Simultaneously, the Company announced the appointment of Mr. Howard Sherman, age 53, as President and Chief Executive Officer, Oceania Cruises, effective as of January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Binder changed role as Vice Chairman at Norwegian Cruise Line Holdings Ltd..

Action: transitioned
Role: Vice Chairman

Exact text from the filing

Mr. Robert Binder, President and Chief Executive Officer, Oceania Cruises and Vice Chairman, Oceania Cruises and Regent, would be transitioning to a new advisory role as Vice Chairman, Norwegian Cruise Line Holdings Ltd., effective as of January 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Howard Sherman was appointed as President and Chief Executive Officer, Oceania Cruises at Norwegian Cruise Line Holdings Ltd..

Action: appointed
Role: President and Chief Executive Officer, Oceania Cruises

Exact text from the filing

Simultaneously, the Company announced the appointment of Mr. Howard Sherman, age 53, as President and Chief Executive Officer, Oceania Cruises, effective as of January 1, 2022.

View on SEC.gov

Norwegian Cruise Line Holdings Ltd. filing history →

Source: SEC EDGAR

accession 0001558370-21-015058

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