Andrew Stuart served as President and CEO of Norwegian Cruise Line until December 31, 2019. His time there coincided with some dynamic business moments. In 2019, his total compensation was reported at approximately $5.47 million, which included a fixed salary...
Andrew Stuart served as President and CEO of Norwegian Cruise Line until December 31, 2019. His time there coincided with some dynamic business moments. In 2019, his total compensation was reported at approximately $5.47 million, which included a fixed salary of $700,000. It's worth noting that no bonuses were awarded for that year, primarily because performance targets weren't met. This reflects a strong focus on aligning compensation with business results. Stuart was also a shareholder with significant stock holdings, peaking at roughly $18.63 million at the beginning of 2020 before experiencing notable fluctuations due to the market's ups and downs. An interesting fact is that he continued working as a Senior Advisor until March 2020, helping the company transition leadership smoothly. This period was marked by strategic shifts in the cruise industry, influenced by broader market conditions. Stuart's approach to leadership during these tumultuous times was pivotal for Norwegian Cruise Line.