Norwegian Cruise Line Holdings Announces Appointment of Mark A. Kempa as Executive Vice President and Chief Financial Officer...
September 11 2018 - 8:45AM
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) ("Norwegian Cruise
Line Holdings," "Norwegian" or the "Company") today announced the
appointment of Mark A. Kempa as executive vice president and chief
financial officer (“CFO”). Kempa had been serving as the Company’s
interim CFO since March 2018.
As CFO, Kempa will report directly to the
Company’s chief executive officer, Frank Del Rio, and is
responsible for developing and executing the Company’s financial
strategy and overseeing all finance functions, including corporate
financial planning, accounting, treasury, tax, as well as
information technology, corporate strategy and investor
relations.
“After an exhaustive internal and external
search process that yielded a number of extremely qualified
candidates, Mark’s extensive experience, continued progression with
increased responsibilities and track record of success made him the
ideal choice for the role,” said Frank Del Rio, president and chief
executive officer of Norwegian Cruise Line Holdings Ltd. “His
deep knowledge of the company and industry, coupled with his
financial experience are just some of the reasons we are excited to
have Mark assume the role of CFO and continue to drive Norwegian’s
strong earnings growth and profitability.”
A twenty-year veteran of Norwegian, Kempa held
several positions of increasing responsibility in Norwegian’s
finance organization, playing an instrumental role in several of
the Company’s key milestones, including its successful initial
public offering in 2013 and the acquisition of Prestige Cruises
International, Inc. in 2014. In addition, he spent three years
representing the financial interests of the Company’s expansive
newbuild program while positioned overseas in Germany, and also
held various roles in accounting and internal audit. Prior to
joining the Company, Kempa served as the Assistant Controller for
International Voyager Media, a travel portfolio company. He holds a
Bachelor’s degree in Accounting from Barry University.
About Norwegian Cruise Line Holdings
Ltd.
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)
is a leading global cruise company which operates the Norwegian
Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.
With a combined fleet of 26 ships with approximately 54,400 berths,
these brands offer itineraries to more than 450 destinations
worldwide. The Company will introduce eight additional ships
through 2027.
Cautionary Statement Concerning
Forward-Looking StatementsCertain statements in this
release constitute forward-looking statements within the meaning of
the U.S. federal securities laws intended to qualify for the safe
harbor from liability established by the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical facts contained in this release, including, without
limitation, those regarding our business strategy, financial
position, results of operations, plans, growth and objectives of
management for future operations (including fleet enhancement
plans), are forward-looking statements. Many, but not all, of these
statements can be found by looking for words like "expect,"
"anticipate," "goal," "project," "plan," "believe," "seek," "will,"
"may," "forecast," "estimate," "intend," "future," and similar
words. Forward-looking statements do not guarantee future
performance and may involve risks, uncertainties and other factors
which could cause our actual results, performance or achievements
to differ materially from the future results, performance or
achievements expressed or implied in those forward-looking
statements. Examples of these risks, uncertainties and other
factors include, but are not limited to the impact of: adverse
events impacting the security of travel, such as terrorist acts,
armed conflict and threats thereof, acts of piracy, and other
international events; adverse incidents involving cruise ships;
adverse general economic and related factors, such as fluctuating
or increasing levels of unemployment, underemployment and the
volatility of fuel prices, declines in the securities and real
estate markets, and perceptions of these conditions that decrease
the level of disposable income of consumers or consumer confidence;
the spread of epidemics and viral outbreaks; our expansion into and
investments in new markets; the risks and increased costs
associated with operating internationally; breaches in data
security or other disturbances to our information technology and
other networks; changes in fuel prices and/or other cruise
operating costs; fluctuations in foreign currency exchange rates;
overcapacity in key markets or globally; the unavailability of
attractive port destinations; evolving requirements and regulations
regarding data privacy and protection and any actual or perceived
compliance failures by us; our indebtedness and restrictions in the
agreements governing our indebtedness that limit our flexibility in
operating our business; the significant portion of our assets
pledged as collateral under our existing debt agreements and the
ability of our creditors to accelerate the repayment of our
indebtedness; volatility and disruptions in the global credit and
financial markets, which may adversely affect our ability to borrow
and could increase our counterparty credit risks, including those
under our credit facilities, derivatives, contingent obligations,
insurance contracts and new ship progress payment guarantees; our
inability to recruit or retain qualified personnel or the loss of
key personnel; delays in our shipbuilding program and ship repairs,
maintenance and refurbishments; our reliance on third parties to
provide hotel management services to certain ships and certain
other services; future increases in the price of, or major changes
or reduction in, commercial airline services; amendments to our
collective bargaining agreements for crew members and other
employee relation issues; our inability to obtain adequate
insurance coverage; future changes relating to how external
distribution channels sell and market our cruises; pending or
threatened litigation, investigations and enforcement actions; our
ability to keep pace with developments in technology; seasonal
variations in passenger fare rates and occupancy levels at
different times of the year; changes involving the tax and
environmental regulatory regimes in which we operate; and other
factors set forth under "Risk Factors" in our most recently filed
Annual Report on Form 10-K, Form 10-Q and subsequent filings by the
Company with the Securities and Exchange Commission. The above
examples are not exhaustive and new risks emerge from time to time.
Such forward-looking statements are based on our current beliefs,
assumptions, expectations, estimates and projections regarding our
present and future business strategies and the environment in which
we expect to operate in the future. These forward-looking
statements speak only as of the date made. We expressly disclaim
any obligation or undertaking to release publicly any updates or
revisions to any forward-looking statement contained herein to
reflect any change in our expectations with regard thereto or any
change of events, conditions or circumstances on which any such
statement was based, except as required by law.
Investor Relations & Media
Contacts
Andrea DeMarco(305)
468-2339InvestorRelations@nclcorp.com
Jordan Kever(305) 436-4961
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/c1f544f5-d204-4d44-b7ff-44b38c4b38de
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