Norwegian Cruise Line is overhauling its board after activist investor Elliott Investment Management built a significant stake and pushed for operational and strategic changes at the business, according to a report by Reuters.
The cruise operator says five new directors will join at the end of March, including four put forward by Elliott, marking a substantial shift in governance as the company looks to improve performance.
Elliott, which has amassed a stake of more than 10% and is now the compa...
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