By Nicholas G. Miller

Viking named its finance chief Leah Talactac as its new chief executive, taking over from Torstein Hagen, who was appointed executive chairman. The company also reported higher first-quarter revenue, boosted by higher capacity.

Talactac has been with the company since 2006. The company said Hagen will now focus on long-term strategy, while Linh Banh, executive vice president of finance, will replace Talactac as CFO.

For the first quarter, the cruise company posted a narrower loss of $54.2 million, or 12 cents a share, compared with a loss of $105.5 million, or 24 cents a share, the year prior.

On an adjusted basis, the company reported a loss of 11 cents a share, in line with analysts' forecast, according to FactSet.

Revenue rose 18% to $1.05 billion, boosted by increased capacity as well as higher revenue per passenger cruise day. Wall Street expected $1.01 billion.

Capacity passenger cruise days increased 6.6% year over year, driven by growth in the company's fleet.

The company said it is 92% booked for 2026.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

May 14, 2026 07:26 ET (11:26 GMT)

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