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Aggressive investor Elliott calls for a complete overhaul of the Norwegian Cruise Line board of directors
Gelonghui, March 3 — One of the largest shareholders of Norwegian Cruise Line, Elliott Investment Management, issued a statement saying that the disappointing outlook for 2026 is far below the company’s potential. The comments during the earnings call further reinforced a concerning pattern of execution failures and strategic errors in the business over the years. These ongoing issues highlight the urgent need for a comprehensive board overhaul to restore accountability, strengthen oversight, and rebuild investor confidence. Elliott is committed to ensuring that Norwegian Cruise Line has an independent, experienced, and fully engaged board to bring the company back to industry-leading performance levels. Last month, the hedge fund disclosed that it holds a 10% stake in Norwegian Cruise Line.