Royal Caribbean Cruises Ltd.

BOVESPA:R1CL34 Stock Report

Market Cap: R$360.8b

Royal Caribbean Cruises Management

Management criteria checks 2/4

Royal Caribbean Cruises' CEO is Jason Liberty, appointed in Jan 2022, has a tenure of 2.83 years. total yearly compensation is $17.22M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth R$63.38M. The average tenure of the management team and the board of directors is 3.4 years and 11.6 years respectively.

Key information

Jason Liberty

Chief executive officer

US$17.2m

Total compensation

CEO salary percentage7.2%
CEO tenure2.8yrs
CEO ownership0.02%
Management average tenure3.4yrs
Board average tenure11.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jason Liberty's remuneration changed compared to Royal Caribbean Cruises's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$3b

Jun 30 2024n/an/a

US$3b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$17mUS$1m

US$2b

Sep 30 2023n/an/a

US$920m

Jun 30 2023n/an/a

-US$56m

Mar 31 2023n/an/a

-US$1b

Dec 31 2022US$11mUS$1m

-US$2b

Sep 30 2022n/an/a

-US$3b

Jun 30 2022n/an/a

-US$4b

Mar 31 2022n/an/a

-US$5b

Dec 31 2021US$13mUS$950k

-US$5b

Sep 30 2021n/an/a

-US$5b

Jun 30 2021n/an/a

-US$5b

Mar 31 2021n/an/a

-US$5b

Dec 31 2020US$6mUS$819k

-US$6b

Sep 30 2020n/an/a

-US$4b

Jun 30 2020n/an/a

-US$2b

Mar 31 2020n/an/a

US$185m

Dec 31 2019US$5mUS$866k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$5mUS$788k

US$2b

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$2b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$7mUS$692k

US$2b

Compensation vs Market: Jason's total compensation ($USD17.22M) is above average for companies of similar size in the BR market ($USD5.74M).

Compensation vs Earnings: Jason's compensation has increased by more than 20% in the past year.


CEO

Jason Liberty (48 yo)

2.8yrs

Tenure

US$17,216,275

Compensation

Mr. Jason T. Liberty serves as President and Chief Executive Officer for Royal Caribbean Group at Royal Caribbean International, Ltd. Mr. Liberty serves as an Independent Director at WNS (Holdings) Limited...


Leadership Team

NamePositionTenureCompensationOwnership
Jason Liberty
President2.8yrsUS$17.22m0.018%
R$ 63.4m
Naftali Holtz
Chief Financial Officer2.8yrsUS$4.89m0.0092%
R$ 33.2m
Lisa Lutoff-Perlo
Vice Chairman of External Affairs1.5yrsUS$9.77m0.023%
R$ 83.4m
Harri Kulovaara
Executive Vice President of Maritime & Newbuilding19.8yrsUS$4.66m0.0095%
R$ 34.3m
Michael Bayley
President & CEO of Royal Caribbean International9.9yrsUS$10.81m0.012%
R$ 44.5m
Laura Hodges Bethge
President of Celebrity Cruises1.5yrsUS$3.35m0.010%
R$ 36.9m
Henry Pujol
Senior VP & Chief Accounting Officer11.5yrsno data0.0019%
R$ 7.0m
Martha Poulter
Senior VP & Chief Information Officer6.9yrsno datano data
Michael McCarthy
Vice President of Investor Relationsno datano datano data
R. Lake
Senior VP3.4yrsno datano data
Dana Ritzcovan
Executive VP and Chief People & Outreach Officer1.8yrsno datano data
Gavin Smith
Managing Director15.9yrsno datano data

3.4yrs

Average Tenure

56yo

Average Age

Experienced Management: R1CL34's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jason Liberty
President3yrsUS$17.22m0.018%
R$ 63.4m
William Kimsey
Independent Lead Director21.6yrsUS$420.04k0.011%
R$ 40.3m
Richard Fain
Chairman43.8yrsUS$525.04k0.18%
R$ 655.6m
Donald Thompson
Independent Director9.5yrsUS$322.04k0.014%
R$ 48.7m
Ann Moore
Independent Director12.5yrsUS$312.04k0.0096%
R$ 34.6m
John Brock
Independent Director10.8yrsUS$322.04k0.0089%
R$ 32.1m
Eyal M. Ofer
Independent Director29.5yrsUS$320.04k0.015%
R$ 53.2m
Vagn Ove Sorensen
Independent Director13.3yrsUS$345.04k0.0087%
R$ 31.5m
Arne Wilhelmsen
Independent Director21.5yrsUS$320.04k0.0062%
R$ 22.5m
Michael Leavitt
Independent Director2.8yrsUS$335.32k0.0018%
R$ 6.6m
Stephen Howe
Independent Director5.9yrsUS$351.30k0.0041%
R$ 14.8m
Maritza Montiel
Independent Director8.9yrsUS$320.04k0.0051%
R$ 18.3m

11.6yrs

Average Tenure

72.5yo

Average Age

Experienced Board: R1CL34's board of directors are seasoned and experienced ( 11.6 years average tenure).