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New Norwegian Cruise Line CEO gets $48M stock grant tied to returns
Norwegian Cruise Line Holdings has announced an employment and equity award agreement for its new President and CEO, John W. Chidsey. The package includes a $1.715 million base salary, a fixed $2.9 million bonus for 2026, and a one-time “front-loaded” equity grant valued at approximately $48 million. This equity award, consisting of Restricted Share Units (RSUs) and Performance Share Units (PSUs), is designed to align his incentives with long-term shareholder value, with PSU vesting tied to ambitious Total Shareholder Return (TSR) Compound Annual Growth Rate (CAGR) targets over four years.