Sundar PichaiSundar Pichai earned $164M in 2023

Harry Sommer is the President and CEO of Norwegian Cruise Line Holdings Ltd., taking the helm on July 1, 2023, after years of service within the company. Before becoming CEO, he was President of the Norwegian Cruise Line brand since...

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Harry Sommer

CEO of Norwegian Cruise Line Holdings Ltd.

Sector of Economy

Consumer Cyclical

Born

July 30, 2024 - 0 years ago

CEO of Norwegian Cruise Line Holdings Ltd. for

1 year 9 months (Jul 2023 - Present)

Previous Experience

Unknown

Holdings

See how much did Harry Sommer make over time.

As of July 2023, Harry Sommer's wealth was significantly tied to Norwegian Cruise Line Holdings Ltd. (NCLH), where he had heavily invested in company shares. His holdings showed some exciting ups and downs; they peaked over $11 million early in...

Mar 18, 2025

Total Stock Sold

$5.36M

NCLH

$5.36M

167,945 NCLH shares

What if they kept their stock?

If Harry Sommer didn't sell their stock, today they would have:
Extra NCLH167,945 shares worth $2.20M.
This is -58.89% and $3.15M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Harry Sommer.

NCLH

102,564 shares

NCLH

Dec 31, 2024

Received

NCLH

$2.47M

NCLH at $24.67/share

Nov 4, 2024

Sale

NCLH

$452.36K

NCLH at $18.09/share

Aug 27, 2024

Sale

NCLH

155,520 shares

NCLH

Mar 1, 2024

Received

NCLH

44,652 shares

NCLH

Jan 2, 2024

Received

NCLH

72,766 shares

NCLH

Jul 5, 2023

Received

NCLH

66,050 shares

NCLH

Mar 1, 2023

Received

NCLH

46,040 shares

NCLH

Jul 11, 2022

Received

NCLH

51,282 shares

NCLH

Mar 1, 2022

Received

NCLH

18,482 shares

NCLH

Feb 14, 2022

Received

Compensation History

See how much did Harry Sommer make over time.

For 2023, Harry Sommer’s total compensation reached around $8.8 million, which included a salary of over $1 million and a $1 million performance bonus. Unlike previous years, he didn’t receive stock awards or options, focusing instead on performance metrics tied to company goals. This decision emphasizes a results-driven leadership style, as he successfully transitioned into the CEO role. Compensation will likely continue to align closely with performance metrics like Adjusted EBITDA and the introduction of new ships, showing a commitment to achieving specific objectives. Harry's compensation structure aims to motivate and reward his leadership effectiveness during a key growth phase for Norwegian Cruise Line.

Year

2023

Total Compensation

$2.07M

Salary

$1.00M

Board Justification

The compensation philosophy aims to attract and retain top talent while aligning executive compensation with company performance and shareholder interests.

Bonus

$1.00M

Board Justification

Annual cash performance incentive based on performance metrics for the fiscal year 2023, with a target amount equal to at least 175% of his annual base salary.

Other

$66.24K

Board Justification

Includes a cash automobile allowance, executive medical plan premiums, and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus is on performance-based metrics for future awards.

Performance Metrics

The performance metrics for 2023 included Adjusted EBITDA, successful delivery of new ships, and sustainability metrics.

Other Norwegian Cruise Line Holdings Ltd. CEOs

Here are other CEOs of Norwegian Cruise Line Holdings Ltd.