Adam Aron resigns from Norwegian Cruise Line Holdings board

The resignation did not involve a disagreement with the company on any matter relating to its operations, policies or practices, according to a filing.

Instrumental in NCLH's development

Aron has been instrumental in NCLH's development, helping guide private equity giant Apollo Management — where he was a senior operating partner — to make key investments in the cruise business. Apollo took a majority stake in Oceania Cruises in 2007 and subsequently acquired Regent Seven Seas Cruises and combined it with Oceania under the Prestige Cruise Holdings umbrella.

In 2008, Apollo finalized its acquisition of a 50% piece of NCL for $1b, and Aron joined the board that year. NCL went on to acquire Prestige.

Aron continued as a director when NCLH went public in 2013 and after Apollo cashed out of the business.

NCL CEO in the mid-1990s

Aron had been president/CEO of Kloster Cruise Ltd., NCL's parent, from 1993 to 1996. Brought in to turn around the then-troubled company, he worked to improve the product and launched a bold advertising campaign that will always been talked about in the industry: 'It's different out here.'

Aron went on to high-profile roles as the chairman and CEO of Vail Resorts, CEO and co-owner of the NBA's Philadelphia 76ers and interim CEO of Starwood Hotels & Resorts Worldwide.

Currently CEO of AMC Entertainment, Aron had been in the news recently when it came out he was targeted in a criminal extortion scheme that resulted in a federal indictment against a New York woman, who pleaded guilty and served a sentence. Earlier this month, Aron said on X, formerly Twitter, it was 'entirely a personal matter, and the matter is closed.'

Back to eight directors

Aron's departure leaves the NCLH board with eight directors. It had recently gone to nine with the addition of José Cil.