Binder is president and CEO of Oceania Cruises and vice chairman, Oceania and Regent Seven Seas Cruises.
The agreement also has Binder remaining employed by Norwegian Cruise Line Holdings at least through March 2022 to provide transition support to the board or CEO of NCLH or should there be a new president and CEO at Oceania.
Allura-class newbuild coming in 2022
Oceania Cruises is due to deliver the first in a new Allura class of 67,000gt, 1,200-passenger ships in 2022.
Binder, who co-founded Oceania Cruises in 2002, has been its president/CEO since 2016 and vice chairman of Oceania/Regent since 2015. Before then, he was president of international operations at NCLH. Prior to NCLH's acquisition of Oceania/Regent, he was vice chairman of the two brands' parent company, Prestige Cruises International, since 2011. Earlier, he was Oceania president.