According to a Wall Street Journal Report, activist investment group Elliott Investment Management now has more than a 10 percent stake in Norwegian Cruise Line Holdings (NCLH) and may soon be pushing for changes.
NCLH parted ways with CEO Harry Sommer last week, with board member John W. Chidsey taking over his role.
The company also ordered a trio of ships just a few days later, having announced a deal for more newbuilds on Monday.
The ship order was for all three brands in the company’s portfolio, with one new ship for Norwegian, Oceania and Regent, bringing the corporation’s forward looking orderbook to 17 vessels.
WSJ also reported that Adam Goldstein, the former president and CEO of Royal Caribbean International, could be in the mix for a board seat at NCLH.
The article said that Elliott had already been working with Goldstein, but provided no further details.
All eyes will be on NCLH on March 2 when it reports fourth quarter and full year earnings, and hosts an investment call with Wall Street analysts.
Elliott Investment Management did not immediately respond to a request for comment.