Royal Caribbean Cruises Management
Management criteria checks 4/4
Royal Caribbean Cruises' CEO is Jason Liberty, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is $17.22M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth $13.29M. The average tenure of the management team and the board of directors is 2.8 years and 11 years respectively.
Key information
Jason Liberty
Chief executive officer
US$17.2m
Total compensation
| CEO salary percentage | 7.2% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 2.8yrs |
| Board average tenure | 11yrs |
Recent management updates
Recent updates
Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 08
Royal Caribbean: Cruising To New Heights - Robust EBITDA Margins Ahead
Feb 16A Look At The Fair Value Of Royal Caribbean Cruises Ltd. (NYSE:RCL)
Jan 17Royal Caribbean: Not Gloomy, Not Bright (Rating Downgrade)
Jan 17Royal Caribbean: Risks Are Growing (Rating Downgrade)
Jan 11Revenues Not Telling The Story For Royal Caribbean Cruises Ltd. (NYSE:RCL)
Jan 02Returns At Royal Caribbean Cruises (NYSE:RCL) Appear To Be Weighed Down
Dec 18Royal Caribbean Cruises: Finally A Buy Here - Improved Upside Through FY2025
Nov 19Royal Caribbean: Cruising Back Pass The Recent Highs
Oct 10Royal Caribbean Cruises (NYSE:RCL) Has A Somewhat Strained Balance Sheet
Oct 09Royal Caribbean: Sailing Far Away From Fundamental Value
Sep 18Capital Allocation Trends At Royal Caribbean Cruises (NYSE:RCL) Aren't Ideal
Sep 18Royal Caribbean: The Rally May Continue
Aug 18Royal Caribbean: Race Day
Jul 28Royal Caribbean: Sailing Far From Its Fundamentals
Jul 12Does Royal Caribbean Cruises (NYSE:RCL) Have A Healthy Balance Sheet?
Jul 10Returns On Capital At Royal Caribbean Cruises (NYSE:RCL) Paint A Concerning Picture
Jun 19Royal Caribbean Stock: Short-Term Upside To Pre-Pandemic Levels
Jun 14An Intrinsic Calculation For Royal Caribbean Cruises Ltd. (NYSE:RCL) Suggests It's 33% Undervalued
May 06Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 10Royal Caribbean: Again Today Leisure Industry's Best Nearby Cap-Gain Prospect
Feb 21Royal Caribbean Cruises launches $700M debt offering
Feb 08Royal Caribbean: Big Opportunity Amid Return To Profitability
Feb 02Royal Caribbean amends, extends 2 credit facilities
Jan 12Are Investors Undervaluing Royal Caribbean Cruises Ltd. (NYSE:RCL) By 28%?
Jan 09Health Check: How Prudently Does Royal Caribbean Cruises (NYSE:RCL) Use Debt?
Dec 19Royal Caribbean signs sustainable shipbuilding agreement with Finland
Dec 14Royal Caribbean: Recession May Sink Demand And Profitability
Nov 02Royal Caribbean: Covid Is Over
Sep 21Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Sep 05Royal Caribbean Stock: Smooth Sailing Ahead Despite Macroeconomic, Debt Fears
Aug 22Royal Caribbean to raise $1B in senior notes offering
Aug 15An Intrinsic Calculation For Royal Caribbean Cruises Ltd. (NYSE:RCL) Suggests It's 50% Undervalued
Aug 09Royal Caribbean Cruises tops Q2 expectation but sees Q3 EPS below consensus
Jul 28Royal Caribbean: Diligently Navigating Their Comeback
Jul 05Royal Caribbean: Inflection Point
May 24Is Royal Caribbean Cruises (NYSE:RCL) Using Debt Sensibly?
Apr 22A Look At The Fair Value Of Royal Caribbean Cruises Ltd. (NYSE:RCL)
Apr 01Royal Caribbean Stock Forecast: What To Watch For In 2022
Mar 16Royal Caribbean: Trouble In Paradise
Mar 10Health Check: How Prudently Does Royal Caribbean Cruises (NYSE:RCL) Use Debt?
Jan 07Royal Caribbean: Sell Ahead Of A Potential Secondary Offering
Dec 30Are Investors Undervaluing Royal Caribbean Cruises Ltd. (NYSE:RCL) By 27%?
Dec 17Royal Caribbean: Permanently Impaired
Oct 26Royal Caribbean: Still No Light At The End Of The Tunnel
Sep 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$17m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$920m |
| Jun 30 2023 | n/a | n/a | -US$56m |
| Mar 31 2023 | n/a | n/a | -US$1b |
| Dec 31 2022 | US$11m | US$1m | -US$2b |
| Sep 30 2022 | n/a | n/a | -US$3b |
| Jun 30 2022 | n/a | n/a | -US$4b |
| Mar 31 2022 | n/a | n/a | -US$5b |
| Dec 31 2021 | US$13m | US$950k | -US$5b |
| Sep 30 2021 | n/a | n/a | -US$5b |
| Jun 30 2021 | n/a | n/a | -US$5b |
| Mar 31 2021 | n/a | n/a | -US$5b |
| Dec 31 2020 | US$6m | US$819k | -US$6b |
| Sep 30 2020 | n/a | n/a | -US$4b |
| Jun 30 2020 | n/a | n/a | -US$2b |
| Mar 31 2020 | n/a | n/a | US$185m |
| Dec 31 2019 | US$5m | US$866k | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$5m | US$788k | US$2b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$7m | US$692k | US$2b |
Compensation vs Market: Jason's total compensation ($USD17.22M) is about average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
CEO
Jason Liberty (47 yo)
2.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | US$17.22m | 0.038% $ 13.3m | |
| Chief Financial Officer | 2.3yrs | US$4.89m | 0.0075% $ 2.6m | |
| Vice Chairman of External Affairs | less than a year | US$9.77m | 0.024% $ 8.5m | |
| Executive Vice President of Maritime & Newbuilding | 19.3yrs | US$4.66m | 0.015% $ 5.3m | |
| President & CEO of Royal Caribbean International | 9.3yrs | US$10.81m | 0.041% $ 14.6m | |
| President of Celebrity Cruises | less than a year | US$3.35m | 0.0055% $ 1.9m | |
| Senior VP & Chief Accounting Officer | 10.9yrs | no data | 0.0085% $ 3.0m | |
| Senior VP & Chief Information Officer | 6.3yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 2.8yrs | no data | no data | |
| Executive VP and Chief People & Outreach Officer | 1.3yrs | no data | no data | |
| Managing Director | 15.3yrs | no data | no data |
2.8yrs
Average Tenure
55yo
Average Age
Experienced Management: RCL's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.4yrs | US$17.22m | 0.038% $ 13.3m | |
| Independent Lead Director | 21yrs | US$420.04k | 0.012% $ 4.1m | |
| Chairman | 43.3yrs | US$525.04k | 0.36% $ 125.4m | |
| Independent Director | 8.9yrs | US$322.04k | 0.014% $ 5.0m | |
| Independent Director | 11.9yrs | US$312.04k | 0.010% $ 3.5m | |
| Independent Director | 10.2yrs | US$322.04k | 0.0093% $ 3.3m | |
| Independent Director | 28.9yrs | US$320.04k | 0.015% $ 5.4m | |
| Independent Director | 12.8yrs | US$345.01k | 0.011% $ 4.0m | |
| Independent Director | 20.9yrs | US$320.04k | 0.0065% $ 2.3m | |
| Independent Director | 2.2yrs | US$335.32k | 0.0019% $ 675.3k | |
| Independent Director | 5.3yrs | US$340.01k | 0.0043% $ 1.5m | |
| Independent Director | 8.3yrs | US$320.04k | 0.0053% $ 1.9m |
11.0yrs
Average Tenure
71.5yo
Average Age
Experienced Board: RCL's board of directors are seasoned and experienced ( 11 years average tenure).