Insights From the C-Suite: Faye Ashby, SVP, Chief Accounting Officer, Norwegian Cruise Line Holdings
As part of a new, members-only series, Women Leading Travel & Hospitality is asking industry executives about their professional journeys, mentorship, how they stay up-to-date on the latest technology and trends, how they take care of themselves, and so much more. This week, insight comes from Faye Ashby, senior vice president and chief accounting officer, Norwegian Cruise Line Holdings.
Women Leading Travel & Hospitality: Can you share a specific instance where you successfully navigated a major change or challenge, highlighting the key lessons learned and how they shaped your leadership approach?
Faye Ashby: In 2020, the cruise industry faced an unparalleled shutdown due to the COVID-19 pandemic, leaving our company without revenue for approximately 500 days as passenger sailings came to a halt. This presented significant financial and operational challenges.
Financial Challenges: Initiating multiple debt and equity capital financings became imperative to secure the company