NCL Corp. announced today that Kevin Sheehan is replacing Colin Veitch as the Miami-based cruise company's chief executive officer. Sheehan was president and chief financial officer and will keep the president title.

Veitch, who became CEO when Star Cruises purchased NCL in 2000, will remain with the company as an adviser to the board.

NCL Corp. is the parent company of NCL America, which offers Hawaiian Island cruises aboard the U.S.-flagged Pride of America.

For the third quarter ended Sept. 30, the company reported net income of $171.2 million on revenue of $639.0 million, compared with a loss of $8.6 million on revenue of $632.5 million for same period of 2007.