Jason Montague, who was president and chief operating officer of the two brands, has the new title of president and ceo of Regent. And Andy Stuart, who was president and chief operating officer of Norwegian Cruise Line, is now president and ceo.
Binder has held the Oceania/Regent vice chairman role since May 2015. Before then, he was president of international operations at Norwegian Cruise Line Holdings. Prior to the Oceania/Regent acquisition by NCLH, he was vice chairman of their parent company, Prestige Cruises International, since May 2011 and, earlier, he was Oceania president.
When he led Oceania, Binder played a key role in the development and design of new ships and new restaurant concepts.
'One of Norwegian’s main strengths is the strong and deep bench of talent across our executive team,' said Frank Del Rio, president and ceo, NCLH. He added that the focus and dedication these leadership changes bring to each brand will enhance the company's overall performance.
The executives will oversee sales, marketing, passenger services and revenue management for each of their respective brands. They will continue to drive the development of itineraries and the on-board product to ensure each line delivers on its brand promise and provides outstanding cruise vacations.
All three will continue to report directly to Del Rio.
'With Bob Binder, a co-founder of Oceania Cruises, we bring a uniquely qualified industry veteran to strengthen and grow the Oceania brand and further enhance its position as the leading upper-premium cruise line,' Del Rio said. 'We are also capitalizing on the talents and contributions of two key executives, Andy Stuart and Jason Montague, with their expanded roles as chief executive officers within their respective brands.'
As Oceania president and ceo, Binder will receive a base salary of $650,000 and stock awards, and will be eligible for an annual bonus.
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