Royal Caribbean Cruises Management
Management criteria checks 2/4
Royal Caribbean Cruises' CEO is Jason Liberty, appointed in Jan 2022, has a tenure of 3.08 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 $12.61M. The average tenure of the management team and the board of directors is 5.4 years and 11.9 years respectively.
Key information
Jason Liberty
Chief executive officer
US$17.2m
Total compensation
| CEO salary percentage | 7.2% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.02% |
| Management average tenure | 5.4yrs |
| Board average tenure | 11.9yrs |
Recent management updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Royal Caribbean Cruises (NYSE:RCL)
Jan 05
Royal Caribbean Cruises: Why You Should Disembark
Jan 03Royal Caribbean Cruises Ltd.'s (NYSE:RCL) Intrinsic Value Is Potentially 69% Above Its Share Price
Dec 24These 4 Measures Indicate That Royal Caribbean Cruises (NYSE:RCL) Is Using Debt Reasonably Well
Dec 12Royal Caribbean: No Significant Upside Despite Factoring In Generous Assumptions
Dec 01Here's Why We Think Royal Caribbean Cruises (NYSE:RCL) Might Deserve Your Attention Today
Nov 30Royal Caribbean: Let Your Winners Run - Downgrade To Hold
Nov 19Why We're Not Concerned About Royal Caribbean Cruises Ltd.'s (NYSE:RCL) Share Price
Oct 30Royal Caribbean: A Double Beat On Earnings Is Relatively Likely (Earnings Preview)
Oct 25Royal Caribbean: Don't Overlook This ROA King
Oct 18Royal Caribbean: Peak Travel Remains Far Off
Sep 30Royal Caribbean: Tailwind From Cruise Demand While Sailing Into Recession Uncertainty
Sep 15Returns Are Gaining Momentum At Royal Caribbean Cruises (NYSE:RCL)
Sep 09Does Royal Caribbean Cruises (NYSE:RCL) Have A Healthy Balance Sheet?
Aug 22Royal Caribbean Cruises: Riding The Waves Higher As Demand Soars
Aug 13Royal Caribbean: Buy More As It Dips, Double Digit Growths Ahead
Jul 27Unpleasant Surprises Could Be In Store For Royal Caribbean Cruises Ltd.'s (NYSE:RCL) Shares
Jun 26Royal Caribbean: Smooth Operator, Shrewd Profiteer
Jun 24Royal Caribbean Cruises: Estimated Earnings Already Priced In
Jun 14Royal Caribbean Cruises (NYSE:RCL) Might Have The Makings Of A Multi-Bagger
Jun 08Royal Caribbean Keeps Delivering - Fade The Rally Before Adding
May 02Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 08Royal Caribbean: Cruising To New Heights - Robust EBITDA Margins Ahead
Feb 16Royal Caribbean: Not Gloomy, Not Bright (Rating Downgrade)
Jan 17Royal Caribbean: Risks Are Growing (Rating Downgrade)
Jan 11Royal Caribbean Cruises: Finally A Buy Here - Improved Upside Through FY2025
Nov 19Royal Caribbean: Cruising Back Pass The Recent Highs
Oct 10Royal Caribbean: Sailing Far Away From Fundamental Value
Sep 18Royal Caribbean: The Rally May Continue
Aug 18Royal Caribbean: Race Day
Jul 28Royal Caribbean: Sailing Far From Its Fundamentals
Jul 12Royal Caribbean Stock: Short-Term Upside To Pre-Pandemic Levels
Jun 14Royal Caribbean: Again Today Leisure Industry's Best Nearby Cap-Gain Prospect
Feb 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$3b |
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$2b |
| 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$2b |
Compensation vs Market: Jason's total compensation ($USD17.22M) is above average for companies of similar size in the US market ($USD12.45M).
Compensation vs Earnings: Jason's compensation has increased by more than 20% in the past year.
CEO
Jason Liberty (48 yo)
3.1yrs
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 | 3.1yrs | US$17.22m | 0.018% $ 12.6m | |
| Chief Financial Officer | 3.1yrs | US$4.89m | 0.0092% $ 6.6m | |
| Vice Chairman of External Affairs | 1.8yrs | US$9.77m | 0.023% $ 16.6m | |
| Executive Vice President of Maritime & Newbuilding | 20.1yrs | US$4.66m | 0.0083% $ 6.0m | |
| President & CEO of Royal Caribbean International | 10.2yrs | US$10.81m | 0.012% $ 8.8m | |
| President of Celebrity Cruises | 1.8yrs | US$3.35m | 0.010% $ 7.3m | |
| Senior VP & Chief Accounting Officer | 11.8yrs | no data | 0.0019% $ 1.4m | |
| Senior VP & Chief Information Officer | 7.2yrs | no data | no data | |
| Senior VP | 3.7yrs | no data | no data | |
| Executive VP and Chief People & Outreach Officer | 2.1yrs | no data | no data | |
| Managing Director | 16.2yrs | no data | no data | |
| Senior Vice President of Safety | 9.4yrs | no data | no data |
5.4yrs
Average Tenure
56.5yo
Average Age
Experienced Management: RCL's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$17.22m | 0.018% $ 12.6m | |
| Independent Lead Director | 21.8yrs | US$420.04k | 0.011% $ 8.0m | |
| Chairman | 44.1yrs | US$525.04k | 0.18% $ 130.4m | |
| Independent Director | 9.8yrs | US$322.04k | 0.014% $ 9.7m | |
| Independent Director | 12.8yrs | US$312.04k | 0.0096% $ 6.9m | |
| Independent Director | 11yrs | US$322.04k | 0.0089% $ 6.4m | |
| Independent Director | 29.8yrs | US$320.04k | 0.015% $ 10.6m | |
| Independent Director | 13.6yrs | US$345.04k | 0.0087% $ 6.3m | |
| Independent Director | 21.8yrs | US$320.04k | 0.0016% $ 1.2m | |
| Independent Director | 3yrs | US$335.32k | 0.0018% $ 1.3m | |
| Independent Director | 6.2yrs | US$351.30k | 0.0041% $ 2.9m | |
| Independent Director | 9.2yrs | US$320.04k | 0.0050% $ 3.6m |
11.9yrs
Average Tenure
72.5yo
Average Age
Experienced Board: RCL's board of directors are seasoned and experienced ( 11.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 22:45 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Royal Caribbean Cruises Ltd. is covered by 60 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Marius Magelie | ABG Sundal Collier |
| Kenneth Sivertsen | Arctic Securities ASA |
| John Staszak | Argus Research Company |