Norwegian Cruise Line Holdings said it will appoint five new independent directors, including former British Airways CEO Alex Cruz and Disney finance chief Kevin Lansberry, as part of a board overhaul following a truce with activist Elliott Investment Management. Four current directors will step down, and Chief Executive John Chidsey will become chairman with Cruz as lead independent director. The changes follow Elliott's disclosure of a more-than-10% stake and its push for operational fixes after the line's performance suffered from missteps. The truce includes Elliott agreeing to customary standstill and voting provisions, allowing both sides to move forward without immediate pressure. This board restructuring aims to address investor concerns and improve governance after a difficult period marked by operational challenges.