Jason T. Liberty has been the CEO of Royal Caribbean Group since January 2022. Born on June 1, 1975, he studied finance at the University of Florida and earned an MBA from the University of Michigan. He joined Royal Caribbean...

Current Market Cap

$60.40B

Number of Employees

98.2K

Total Compensation

2022 - 2023

Trending up by 572.10% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 1376.85% last year

Salary

Up by 3.92% last year

Bonus

Up by 82.53% last year

Other

Down by -13.74% last year

Year

2023

Total Compensation

$41.65M

Salary

$1.25M

Board Justification

The compensation philosophy aligns executive compensation with the long-term interests of shareholders, focusing on performance-based pay to attract and retain top talent while rewarding contributions to corporate performance.

Bonus

$4.28M

Board Justification

The bonus is based 100% on corporate performance metrics, with a payout of 171.2% of the target bonus for 2023.

Other

$189.25K

Board Justification

Includes perquisites such as auto lease, life insurance, and contributions to retirement plans.

Restricted Stock

$35.94M(277.54K RSU)

Board Justification

The performance-based restricted shares granted in 2023 will vest based on Adjusted EBITDA per APCD, Adjusted EPS, ROIC, and carbon intensity reduction over a three-year performance period ending December 2025.

Performance Metrics

The performance metrics for 2023 included Adjusted EPS, Net Yield, Net Cruise Costs, and various ESG-related KPIs.

SEC Filing

From April 17, 2024