Lindblad Expeditions (LIND) removes CCO role, shifts sales to new CSO

Rhea-AI Filing Summary

Lindblad Expeditions Holdings, Inc. is changing its commercial leadership structure as part of efforts to align the organization with its long-term strategic goals. The company is consolidating all direct and trade sales under Kathi Riddle, who has been appointed Senior Vice President and Chief Sales Officer, and has recently added a revenue manager officer role. Neither of these positions is designated as a Section 16 officer. As a result of this reorganization, the company eliminated the Chief Commercial Officer position, and Noah Brodsky will depart effective October 18, 2025. Going forward, revenue and sales functions will report directly to the CEO, Natalya Leahy.

Insights

Corporate governance and leadership analyst

Lindblad restructures commercial leadership, removing the CCO role and elevating sales under a new CSO.

Lindblad Expeditions is reorganizing its commercial operations by consolidating direct and trade sales under a newly appointed SVP, Chief Sales Officer, Kathi Riddle, and adding a revenue manager officer role. These moves are described as part of aligning the organizational structure with long-term strategic goals.

In connection with this shift, the company is eliminating the Chief Commercial Officer position, with the incumbent, Noah Brodsky, departing effective October 18, 2025. Revenue and sales functions will now report directly to CEO Natalya Leahy, which may streamline decision-making around pricing and distribution, though actual impact will depend on how the new reporting lines and roles operate over time.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 3, 2025

LINDBLAD EXPEDITIONS HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-35898		27-4749725
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

96 Morton Street, 9th Floor, New York, New York		10014
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number including area code: (212) 261-9000

(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.0001 per share		LIND		The NASDAQ Stock Market LLC

Securities registered pursuant to Section 12(g) of the Act:

None

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230 .425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ¨

Item 5.02(b) Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 In furtherance of Lindblad Expeditions Holdings, Inc.’s (the “Company”) efforts to adopt an organizational structure better aligned with its long-term strategic goals, the consolidation of all direct and trade sales under Kathi Riddle, newly appointed as SVP, Chief Sales Officer, and the recent appointment of a revenue manager officer, neither of whom are section 16 officers, on September 3, 2025, the Company eliminated the Chief Commercial Officer position with the departure of Noah Brodsky effective October 18, 2025. The revenue and sales functions will report directly to the CEO. The Company thanks Mr. Brodsky for his contributions during his tenure with the Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 

	LINDBLAD EXPEDITIONS HOLDINGS, INC. (registrant)
September 5, 2025	By:	/s/ Natalya Leahy
		Chief Executive Officer

FAQ

What leadership change did Lindblad Expeditions (LIND) disclose in this 8-K?

Lindblad Expeditions disclosed that it is eliminating the Chief Commercial Officer position, and incumbent Noah Brodsky will depart the company effective October 18, 2025.

Why is Lindblad Expeditions (LIND) eliminating the Chief Commercial Officer role?

The company states the change is in furtherance of its efforts to adopt an organizational structure better aligned with its long-term strategic goals, following consolidation of direct and trade sales and the appointment of a revenue manager officer.

Who will oversee sales at Lindblad Expeditions (LIND) after this change?

All direct and trade sales are consolidated under Kathi Riddle, who has been appointed SVP, Chief Sales Officer, while revenue and sales functions will report directly to the CEO, Natalya Leahy.

Are the new commercial leadership roles at Lindblad Expeditions Section 16 officers?

The filing notes that both the newly appointed SVP, Chief Sales Officer and the recently appointed revenue manager officer are not Section 16 officers.

When does the leadership transition at Lindblad Expeditions (LIND) take effect?

The company states that the departure of Chief Commercial Officer Noah Brodsky will be effective on October 18, 2025, following the organizational changes described.

Who is the CEO signing the Lindblad Expeditions (LIND) 8-K?

The 8-K is signed on behalf of Lindblad Expeditions Holdings, Inc. by Natalya Leahy in her capacity as Chief Executive Officer.