In 2023, Frank J. Del Rio earned $12.37M in total compensation at Norwegian Cruise Line Holdings Ltd., including $1.00M salary and $9.00M bonus. Most recently acquired 1,071,426 shares in Jun 2023. Currently holds stock worth $35.76M. Led Norwegian Cruise Line Holdings Ltd. as CEO for 7 years.
Compensation History
Annual executive compensation data for Frank J. Del Rio, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$12.37M
Salary
$1.00M
Bonus
$9.00M
Other
$2.37M
Salary
$1.00MBoard Justification
The company aims to align executive compensation with performance metrics and shareholder interests, focusing on long-term value creation and retention of key executives.
Bonus
$9.00MBoard Justification
Mr. Del Rio earned a $9 million annual cash performance incentive based on the achievement of a successful transition of responsibilities to his successor and the company's Adjusted EBITDA performance through June 30, 2023.
Other Compensation
$2.37MBoard Justification
This includes a $2 million consulting fee for 2023 as part of his Transition, Release and Consulting Agreement, along with other benefits.
Restricted Stock
Board Justification
Mr. Del Rio waived any equity awards for 2023 as part of his Transition, Release and Consulting Agreement.
Performance Metrics
Mr. Del Rio's performance metrics included achieving a successful transition of responsibilities and meeting Adjusted EBITDA targets.
Frank J. Del Rio
Ex-CEO of Norwegian Cruise Line Holdings Ltd.
Sector of Economy
Consumer Cyclical
Born
July 30, 2024 - 1 years ago
CEO of Norwegian Cruise Line Holdings Ltd. for
7 years 10 months (Aug 2015 - Jun 2023)
Previous Experience
Unknown
Other Norwegian Cruise Line Holdings Ltd. CEOs
Holdings
Track Frank J. Del Rio's stock holdings and portfolio value over time.
Total Stock Sold
$13.39M
$13.39M
488,871 NCLH shares
What if they kept their stock?
If Frank J. Del Rio didn't sell their stock, today they would have:
Extra NCLH488,871 shares worth $9.19M.
This is -31.39% and $4.20M less than what they got when they sold the stock.
Insider Trading
Frank J. Del Rio's recent stock transactions, purchases, and sales filed with the SEC.
1,071,426 shares
NCLH
Jun 30, 2023
Received
$5.53M
NCLH at $18.44/share
Jun 12, 2023
Sale
$1.06M
NCLH at $18.34/share
Nov 15, 2022
Sale
238,095 shares
NCLH
Mar 1, 2022
Received
158,050 shares
NCLH
Feb 14, 2022
Received
134,003 shares
NCLH
Jun 11, 2021
Received
91,479 shares
NCLH
Oct 26, 2020
Received
346,020 shares
NCLH
Oct 1, 2020
Received
52,683 shares
NCLH
Mar 2, 2020
Received
158,870 shares
NCLH
Feb 18, 2020
Received
Rivals
Compare Frank J. Del Rio with competitor CEOs and industry peers.
Ed Bastian
CEO of Delta Air Lines
2023 Compensation
Stock
$19.03M
Salary
$950.00K
Bonus
$9.60M
Other
$371.18K
Total Holdings
$136.07M
J. Scott Kirby
CEO of United Airlines Holdings
2023 Compensation
Stock
$10.71M
Salary
$1.10M
Bonus
$0.00
Other
$155.74K
Total Holdings
$324.01K
Michael D. Brown
CEO of Travel + Leisure
2023 Compensation
Stock
$1.80M
Salary
$1.10M
Bonus
$1.58M
Other
$266.39K
Total Holdings
$133.38M
Arnold W. Donald
CEO of Carnival Corporation
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$106.57K
Total Holdings
$85.33K
Jason T. Liberty
CEO of Royal Caribbean Group
2023 Compensation
Stock
$35.94M
Salary
$1.25M
Bonus
$4.28M
Other
$189.25K
Total Holdings
$209.15M