Founded in 1969, Royal Caribbean International is a cruise ship company that offers rock climbing, ice skating, and surfing at sea with destinations to the Baha Contact Who is Royal Caribbean Headquarters 1050 Caribbean Way, Miami, Florida, 33132, United States Phone Number (305) 539-6000 Website www.royalcaribbean.com Revenue $4.7B Industry Started in 2010, Royal Caribbean Blog offers daily coverage of news and information related to the Royal Caribbean cruise line along with other relevant topics of cruising, such as entertainment, news, photo updates and more. No credit card required. Similar Profiles. ', Fain also said that Liberty and Holtz 'have done an exceptional job organizing over$12 billionof financing during this challenging period. As the Chief Financial Officer and Executive Vice President of Royal Caribbean, the total compensation of Jason Liberty at Royal Caribbean is $5,424,000. Together, our brands operate a global fleet Find contact details for 700 million professionals. 'Richard has been a visionary leader, who has made innumerable and remarkable contributions to our company and our industry,' saidBill Kimsey, lead director of the board. million verified professionals across 35 million companies. Just before the cruise industry shut down in 2020, Royal Caribbean had announced plans for a number of new port projects that would provide cruise ship guests more to do while ashore. Whether you cruise multiple times per year or you're new to cruising, the goal of Royal Caribbean Blog is for it to bea useful resource for keeping up to date with what's new and exciting with Royal Caribbean. "There is a strong demand for cruise and people are really looking for consistency," he said. 305 539 6000 https://www.rclinvestor.com. Under Fain's leadership, the Royal Caribbean Group introduced new and distinctive ship categories, with a diverse range of amenities and experiences that transformed the nature of cruising. Lines and paragraphs break automatically. Since joining the Company in 2005, Liberty has had many roles, most recently as Executive Vice President and Chief Financial Officer. 'Given the great depth and breadth of our leadership, and the positive outlook for our business, this is the appropriate time to step aside and have Jason take over,' Fain said. Since May 2018, in addition to the above functions, he has also overseen the Companys Information Technology, Supply Chain, Risk Management, Legal and Port Operations functions. Holtz is currently SVP finance, responsible for corporate, capital and revenue planning and analysis, deployment planning, risk management and treasury. Seatrade, a trading name of Informa Markets (UK) Limited. On the topic of Libertys new role, Fain stated, He is a highly versatile and strategic leader, who has been integral to all aspects of the companys accomplishments and performance. Fain expressed, I couldn't be happier to have such a superbly qualified and principled leader succeed me as CEO. Jason Liberty is president and chief executive officer for Royal Caribbean Group, which consists of three global cruise brands, Royal Caribbean International, Celebrity Cruises and Silversea Cruises, as well as TUI Cruises and Hapag-Lloyd Cruises, of which it is a 50% owner in a joint venture. Sign up for a free account. For the sixth year in a row, Royal Caribbean Group has been named as one of the 2022 Best Places to Work for Disability Inclusion. University of Miami Herbert Business School, {{ userNotificationState.getAlertCount('bell') }}. Before joining Royal Caribbean Group, he was a senior manager with the accounting firm KPMG LLP. Insiders trading at Royal Caribbean Over the last 18 years, insiders at Royal Caribbean have traded over $3,928,918,949 worth of Royal Caribbean stock and bought 226,331 units worth $10,752,004 . The company's 60 ships carry more than 7.5 . Liberty will also oversee the Groups strategy, technology, supply chain, port operations and legal functions. Before joining Royal Caribbean, Mr. Liberty was a Senior Manager at the international public accounting firm of KPMG LLP. Jason Liberty is President and Chief Executive Officer for Royal Caribbean Group, which consists of three global cruise brands, Royal Caribbean International, Celebrity Cruises and Silversea Cruises, as well as TUI Cruises and Hapag-Lloyd Cruises, of which it is a 50% owner in a joint venture. Fain said that he and the board had developed a careful succession planning process for when he decided the time was right to step down. The companys 60 ships carry more than 7.5 million guests a year to ports on all seven continents. Web page addresses and e-mail addresses turn into links automatically. All rights reserved. 'There are no words to express my admiration and appreciation to the people of the Royal Caribbean Group, who have been the real drivers of our success, and my profound appreciation for the support and guidance of the board of directors during good times and bad throughout this long period of sustainedgrowth,' he said. Fain most recently was a leader for the company through the unprecedented nature of the pandemics shutdown on the cruise industry. Chief Financial Officer Jason . RCL News Alerts. With the ultimate combination of firsts and signature favorites for parents, kids and grandparents alike, the cruise line's latest ship was named by its Godmother and Wonder Mom Marie . Corporate Communications. CNBC's Seema Mody joins 'The Exchange' with Jason Liberty, Royal Caribbean CEO, to discuss the company's second quarter miss and outlook for Royal Caribbean. In addition, he holds degrees in accounting and finance from the University of Miami School of Business and Indiana University, Bloomington, Kelley School of Business, respectively. Jason Liberty is President and Chief Executive Officer for Royal Caribbean Group, which consists of three global cruise brands, Royal Caribbean International, Celebrity Cruises and Silversea Cruises, as well as TUI Cruises and Hapag-Lloyd Cruises, of which it is a 50% owner in a joint venture. He is a graduate of the University of Miami's School of Business, and Indiana University,. No credit card required. On average, Jason Liberty works for one company for 4 years. Chief Financial Officer Jason Liberty will succeed him as CEO and join the Board of Directors. Of this total $950,000 was received as a salary, $1,377,500 was received as a bonus, $0 was received in stock options, $10,500,003 was awarded as stock and $118,660 came from other types of compensation. Thu, Jul 28 20221:47 PM EDT. With more than 16 years of experience under his belt, Liberty has held many positions with Royal Caribbean Group. According to Royal Caribbeans website, Jason Liberty, 46, will be the President and CEO of the companys three global cruise brands: Royal Caribbean International, Celebrity Cruises and Silversea cruises. Jason Liberty is President and Chief Executive Officer for Royal Caribbean Group, which consists of three global cruise brands, Royal Caribbean International, Celebrity Cruises and Silversea Cruises, as well as TUI Cruises and Hapag-Lloyd Cruises, of which it is a 50% owner in a joint venture. Chief Financial Officer Jason Liberty will succeed him as CEO and join the Board of Directors. Liberty will receive a base salary of $1.2m, a target annual incentive of 200% of his base salary and target annual long-term equity incentive awards with a $7m grant value. CFO Jason Liberty, right, will take over as CEO. ', 'Our success as a business has relied heavily on our culture and on the values we hold dear,' Faincontinued. Royal Caribbean also owns the Celebrity Cruises and Silversea brands, which overlap with the high-end Azamara clientele. Roberto Martinoli named senior advisor to Jason Liberty. Liberty held those positions for 8 years before his current promotion to President and Chief Executive Officer. ", "I'm grateful to both the board for selecting me, and to Richard, for his friendship, mentoring and guidance. Introducing the Godmother of Wonder of the Seas. The third-longest serving CEO among current S&P 500 leaders, Fain's storied career is defined by the innovations he championed involving every aspect of cruising from revolutionary ship design to major sustainability efforts to the technologies and ground-breaking features that enriched the on-board experience for millions of passengers. Like what you see? The amendment has extended the maturities of $2.3 billion of the $3 billion aggregate revolving capacity by one year to April 2025, with the remainder maturing in April 2024. Royal Caribbean has emailed guests booked on upcoming sailings with the updated health and safety protocols. Liberty joined the Royal Caribbean Group in 2005 and served in several financial, strategic and operational roles before becoming CFO in 2013. Jason Liberty, the new president and CEO of Royal Caribbean Group, said that while first quarter cruise cancellations were having an impact, the second quarter is in line with company expectations and there is tremendous momentum. Our declaration will continue to pave the way toward innovative and sustainable shipbuilding in Finland. I couldn't be happier to have such a superbly qualified and principled leader succeed me as CEO. Liberty said the company was investing in marketing and . Use our Premium/VIP Service to contact Jason Liberty by email now. Send an email to Jason Liberty. Liberty earned his MBA from the University of North Carolina at Chapel Hill, Kenan-Flagler Business School, where he now serves on the Board of advisors. Royal Caribbean Group's 64 ships carry more than 7.5 million guests a year to ports on all seven continents. The Game-changing, Iconic Combination Makes the Ultimate Family Vacation, Starlink, the game-changing, high-speed internet service operated by SpaceX, will be deployed across all Royal Caribbean International, Celebrity Cruises and Silversea Cruises ships very soon. Liberty joined Royal Caribbean Group as a Vice President of Audit and Advisory Services before moving into Corporate Strategy, Revenue and Planning. These may not be available during your voyage, may vary by ship and destination, and may be subject to change without notice. . Like what you see? Royal Caribbean Group is also a 50% owner of a joint venture that includes TUI Cruises and Hapag-Lloyd Cruises. 20102023Regal Sea Media LLC. Richard Fain, whose innovations during more than 33 years as CEO of the Royal Caribbean Group helped shape the modern cruise industry, has decided to step down as CEO on Jan. 3. He joined two years ago after a dozen years withGoldman Sachs, ultimately as managing director, head of lodging and leisure investment banking. Prior to his positions at Royal Caribbean Group, Liberty worked for the account firm KPMG LLP as a senior manager. In addition, he makes $5,424,000 as Chief Financial Officer and Executive Vice President at Royal Caribbean. As EVP, Chief Financial Officer at ROYAL CARIBBEAN GROUP, Jason T. Liberty made $12,946,163 in total compensation. Since joining the company in 2005, Liberty has held many roles and was most recently executive vice president and chief financial officer. Mr. Liberty leads the Royal Caribbea's Treasury, Accounting, Corporate and Strategic Planning, Revenue Planning and Systems, Deployment, Internal Audit and Investor Relations areas. All rights reserved. Royal Caribbean Group: Jason Liberty To Succeed Fain As CEO - Quick Facts Contributor RTTNews.com RTTNews Published Nov 9, 2021 8:03AM EST (RTTNews) - Royal Caribbean Group (RCL) said Richard. The cruising community and all of us in the company owe him a debt of gratitude.'. These transformational ships include Royal Caribbean International's Sovereign, Voyager and Oasis classes; Celebrity Cruises' Solstice and Edge classes; the upcoming Royal Caribbean International Icon class to be introduced in 2023; and Silversea Cruises' 'Project Evolution,' a hybrid-powered ship. Before joining Royal Caribbean Group, he was a senior manager with the accounting firm KPMG LLP. Liberty earned his MBA from the University of North Carolina at Chapel Hill, Kenan-Flagler Business School, where he now serves on the Board of advisors. Have our travel agency partner get you a free quote for a Royal Caribbean cruise. With the new year nearly upon us, Royal Caribbean is looking forward to a new year of growth and its top executive, Royal Caribbean Group's new CEO Jason Liberty talked on a webinar for the first time in his new role about a variety of, The cruise industry is poised for a major comeback, and Royal Caribbean sees better things to come over the next year, Do you know about when you'd like to sail? Royal Caribbean Group (NYSE: RCL) is a cruise vacation company comprised of three award-winning global brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. Rocketreach finds email, phone & social media for 450M+ professionals. Royal Caribbean Group is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The current estimated net worth of Royal Caribbean Cruises Ltd's President and CEO, Jason T Liberty, is estimated to be about $11.99M . The companys 60 ships carry more than 7.5 million guests a year to ports on all seven continents. In addition, he holds degrees in accounting and finance from the University of Miami School of Business and Indiana University, Bloomington, Kelley School of Business, respectively. ', Kimsey noted that Liberty has played a 'significant part in every major initiative the company has undertaken for many years, and he was instrumental in helping manage through the pandemic. Following a widespread TikTok search that saw 16,000 videos submitted, Royal Caribbean has selected Pennsylvanian Marie McCrea as Wonder of the Seas' Godmother. Our goal has been to provide our readers with expansive coverage of all aspects of the Royal Caribbean experience. Stepping into this role, Liberty will oversee the companys 60 ships that carry more than 7.5 million passengers to ports around the world, including all 7 continents. Mr. Liberty previously held the position of Senior Manager at KPMG LLP. Read more. The promise was exciting new places to spend your day while on a . Since joining the Company in 2005, Liberty has had many roles, most recently as Executive Vice President and Chief Financial Officer. Throughout his many roles with the Royal Caribbean Group, Liberty has been heavily involved in the companys biggest strategic initiatives. Fain addedthat with most of the Group's ships operating, a full return to cruising approachingand thebrands under the leadership of exceptional CEOs, it was the right time to step down. Age: 46 President Since 2022 MBA. Together, our brands operate 61 ships with an additional 15 on order as of December 21, 2020. Before joining Royal Caribbean Group, he was a senior manager with the accounting firm KPMG LLP. Share with me your thoughts, questions and comments via You can subscribe to the Royal Caribbean Blog Podcast via iTunes, Google Play, Stitcheror RSS. Before joining Royal Caribbean Group, he was a senior manager with the accounting firm KPMG LLP. Toggle navigation {{ userNotificationState.getAlertCount('bell') }} . The most recent stock trade was executed by Arne Alexander Wilhelmsen on 13 December 2022, trading 13,600 units of RCL stock currently worth $791,384. Jason Liberty Appointed CEO of the Royal Caribbean Group November 9, 2021 Jason Liberty Richard Fain, whose innovations during more than 33 years as Chief Executive Officer of the Royal Caribbean Group (NYSE: RCL) helped shape the modern cruise industry, has decided to step down as CEO on January 3, 2022, the company announced today. Liberty also attended Indiana Universitys Kelley School of Business, where he earned a second bachelors degree in finance. Scenic Group USA names Southeast regional sales director, Joe Jiffo signs on with Windstar Cruises as director of field sales, Jamaica Port Authority cruise champion William Tatham bows out. The change in policy is a direct result of the CDC ending the COVID-19 Program for Cruise Ships, according to Royal Caribbean Group CEO Jason Liberty: "Since our return to service last year, we . At just 1.5% of total capacity, Azamara operated just three ships. Join us as we explore The Future of Leadership! Published 1:25 PM ET Thu, 7 April 2016. The commitment will advance innovation, strengthen competitiveness, and bolster the maritime industrys ecosystem. Additionally, Fain praised how Liberty has played a crucial role with organizing over $12 billion of financing during the pandemic cruise shutdown. The board enthusiastically and unanimously chose him to be the Royal Caribbean Group's next CEO.'. Fains departure from Royal Caribbean Group came as a surprise to some, as he was the third-longest serving CEO among current S&P 500 leaders. *Please see all applicable Terms & Conditions for Promotions. All rights reserved. Previously, pre-cruise testing was also required for all cruises visiting Haiti or Honduras, both popular ports of call with private . Get contact details including emails and phone numbers The following year, he was promoted to Executive Vice President and Chief Financial Officer. Health and safety protocols, guest conduct rules, and regional travel restrictions vary by ship and destination, and are subject to change without notice. New RCL CEO Jason Liberty on the impact of omicron and his outlook for 2022 Jason Liberty, Royal Caribbean CEO, joins 'Power Lunch' to discuss the company's quarterly earnings results,. He also serves on the board of directors of WNS Limited, a business process management public company. (business & personal). MIAMI - Richard Fain, whose innovations during more than 33 years as Chief Executive Officer of the Royal Caribbean Group helped shape the modern cruise industry, has decided to step down as CEO on January 3, 2022, the company announced. Jason Liberty, CEO of Royal Caribbean, joins CNBC's 'Squawk Box' to discuss whether pent-up demand for travel will continue into 2023. On this episode: Matt HochbergJason Liberty, Do you know about when you'd like to sail? In addition, he holds degrees in accounting and finance from the University of Miami School of Business and Indiana University, Bloomington, Kelley School of Business, respectively. They are part of the Executive team within the C-Suite Department and their management level is C-Level. Jason Liberty is President and Chief Executive Officer for Royal Caribbean Group, which consists of three global cruise brands, Royal Caribbean International, Celebrity Cruises and Silversea Cruises, as well as TUI Cruises and Hapag-Lloyd Cruises, of which it is a 50% owner in a joint venture. Liberty also discusses how the cruise ship company. Jason Liberty is Chief Financial Officer for Royal Caribbean Group, the parent company of Royal Caribbean International, Celebrity Cruises, Azamara, Pullmantur and Croisires de France. Since joining the Company in 2005, Liberty has had many roles, most recently as Executive Vice President and Chief Financial Officer. His operational duties have expanded over the years and gone well beyond the responsibilities normally associated with a CFO. The material on this site may not be reproduced, distributed, transmitted, cached, or otherwise used, except with the prior written permission of Royal Caribbean Blog. Roberto Martinoli named senior advisor to Jason Liberty. jason liberty President and Chief Executive Officer. Royal Caribbean Group has a new CEO, Jason Liberty, but who is he and how did he get to be the new head of the cruise giant? Jason Liberty works as a President & Chief Executive Officer at Royal Caribbean, which is a Marine Shipping & Transportation company with an estimated 85 K employees; and founded in 1968. He also serves on the board of directors of WNS Limited, a business process management public company. Corporate Finance, Corporate Strategy, Leadership, Hospitality Industry, Cruise Lines, Process Improvement, Leisure Industry, 2023 SignalHire.com is operated by SENDERSYSTEMS LIMITED, Takes 5 seconds to join, no credit card required. This virtual experience is part of the Dean's Speaker Series, hosted by UNC Kenan-Flagler Business School Dean Doug Shackelford. Jason Liberty President & Chief Executive Officer Royal Caribbean Group Michael Bayley President & Chief Executive Officer Royal Caribbean International Laura Hodges Bethge EVP, Shared Services Operations Royal Caribbean Group Naftali Holtz Chief Financial Officer Royal Caribbean Group Harri Kulovaara EVP, Maritime & Newbuilding Jason Liberty is President and Chief Executive Officer for Royal Caribbean Group, which consists of three global cruise brands, Royal Caribbean International, Celebrity Cruises and Silversea Cruises, as well as TUI Cruises and Hapag-Lloyd Cruises, of which it is a 50% owner in a joint venture. September 2021 - Paving the way for the biggest adventure yet, Royal Caribbean has announced Wonder of the Seas, the world's largest cruise ship, will debut in the U.S. and Europe.Wonder's first cruise is set to sail to the Caribbean from Fort Lauderdale, Florida in March 2022 before kicking off vacations in the Mediterranean from Barcelona and Rome in May 2022. Jason Liberty is senior vice president and chief financial officer for Royal Caribbean Cruises, the parent company of Royal . Latest news. November 2022 - The world's newest wonder now has its Wonder Mom. Jason Liberty - Chief Executive Officer Michael Bayley - President and Chief Executive Officer-Royal Caribbean International Naftali Holtz - Chief Financial Officer Conference Call. Liberty is also responsible for Silversea Cruises, the Group's joint ventures with TUI Cruises and Hapag Lloyd Cruises, as well as the Royal Caribbean Group's strategy, technology, supply chain, port operations and legal functions. 2023 Royal Caribbean Group. Search over 700 View Liberty leads the company's Treasury, Accounting, Corporate and Strategic Planning, Revenue Planning and Systems, Deployment, Internal Audit and Investor . Speaking on Thursday's third quarter earnings call, he revealed hopes for a return to normality in 2023, focusing on a strong U.S. market. "While we are In 2012, Liberty transitioned into his role as Senior Vice President of Finance and Strategy. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Copyright 2023. Fain will remain as Chair of the Board of Directors. Holtz will receive a base salary of $675,000, a target annual incentive of 100% of his base salary and target annual long-term equity incentive awards with a $1.4m grant value. In his former role, Liberty was responsible for Finance, Strategy, Shared Service Operations, Legal, Technology, Silversea Cruises and the TUI Cruises and Hapag-Lloyd Joint Venture. These transformational ships include Royal Caribbean International's Sovereign, Voyager and Oasis classes; Celebrity Cruises' Solstice and Edge classes; the upcoming Royal Caribbean International Icon class to be introduced in 2023; and Silversea Cruises', He joined two years ago after a dozen years withGoldman Sachs, ultimately as m, Fain has steered the company through the global pandemic, and he was a driving force behind the creation of the, 'Superbly qualified and principled leader'. A senior manager at KPMG LLP his many roles and was most as! Its wonder Mom dear, ' Faincontinued exciting new places to spend your day while on a company... Will take over as CEO and join the Board of Directors of WNS Limited, business. Cruises and Hapag-Lloyd Cruises with an additional 15 on order as of December 21, 2020 joined! 'Our success as a Vice President of finance and Strategy safety protocols all seven continents phone numbers the year... 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