In 2022, Richard D. Fain earned $6.81M in total compensation at Royal Caribbean Group, including $100.00K salary and $6.51M in stock. Most recently sold 39,000 shares in Feb 2025. Currently holds stock worth $59.52M. Has donated $233.62M in stock to charitable causes. Led Royal Caribbean Group as CEO for 21 years.
Compensation History
Annual executive compensation data for Richard D. Fain, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$6.81M
Salary
$100.00K
Bonus
$0.00
Other
$200.01K
Salary
$100.00KBoard Justification
The compensation philosophy emphasizes alignment with shareholder interests, competitive pay levels, and performance-based incentives to attract and retain top executive talent.
Bonus
$0.00Board Justification
Mr. Fain did not receive any cash or equity compensation in 2022 for his role as Chief Executive Officer, as he stepped down from this position effective January 3, 2022.
Other Compensation
$200.01KBoard Justification
This amount reflects compensation received by Mr. Fain for his role as Chairman of the Board of Directors in 2022, which includes a stock award in connection with the director compensation program.
Restricted Stock
Board Justification
The stock awards that vested in 2022 were primarily from previous grants, including performance shares from 2020 that continued to vest despite his stepping down as CEO.
Performance Metrics
The performance metrics for the CEO's compensation were primarily based on company-wide financial performance, with a focus on achieving operational and strategic goals.
Richard D. Fain
Ex-CEO of Royal Caribbean Group
Education
Bachelor's degree in economics from the University of Miami.
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
June 16, 1951 - 74 years ago
CEO of Royal Caribbean Group for
21 years 0 months (Jan 2001 - Jan 2022)
Previous Experience
Chairman and Chief Executive Officer of Royal Caribbean Cruises Ltd. since 2001.
Other Royal Caribbean Group CEOs
Holdings
Track Richard D. Fain's stock holdings and portfolio value over time.
Total Stock Sold
$171.33M
$171.33M
1,925,223 RCL shares
What if they kept their stock?
If Richard D. Fain didn't sell their stock, today they would have:
Extra RCL1,925,223 shares worth $499.15M.
This is 191.34% and $327.82M more than what they got when they sold the stock.
Charitable Transactions
901,052 shares
RCL
Recent Charitable Transactions
286,146 shares
RCL
Sep 25, 2024
Charity
9,034 shares
RCL
Jun 13, 2024
Charity
6,144 shares
RCL
Dec 5, 2023
Charity
20,000 shares
RCL
Dec 31, 2022
Charity
20,404 shares
RCL
Dec 14, 2020
Charity
271,082 shares
RCL
Oct 26, 2020
Charity
Insider Trading
Richard D. Fain's recent stock transactions, purchases, and sales filed with the SEC.
$10.02M
RCL at $256.90/share
Feb 13, 2025
Sale
$9.15M
RCL at $208.33/share
Oct 30, 2024
Sale
286,146 shares
RCL
Sep 25, 2024
Charity
$3.02M
RCL at $156.25/share
Jul 30, 2024
Sale
9,034 shares
RCL
Jun 13, 2024
Charity
$3.02M
RCL at $153.96/share
Jun 13, 2024
Sale
$1.00M
RCL at $123.14/share
Feb 27, 2024
Sale
126,702 shares
RCL
Dec 5, 2023
Received
6,144 shares
RCL
Dec 5, 2023
Charity
26,797 shares
RCL
Feb 20, 2023
Received
Rivals
Compare Richard D. Fain with competitor CEOs and industry peers.
Calvin McDonald
CEO of lululemon athletica
2023 Compensation
Stock
$5.00M
Salary
$1.29M
Bonus
$0.00
Other
$33.29K
Total Holdings
$23.21M
Karl McDonnell
CEO of Strategic Education, Inc.
2021 Compensation
Stock
$1.73M
Salary
$906.00K
Bonus
$283.13K
Other
$8.70K
Total Holdings
$61.37M
David Weinberg
CEO of Skechers
2023 Compensation
Stock
$2.17M
Salary
$3.84M
Bonus
$1.39M
Other
$406.21K
Total Holdings
$29.25M
Morris Goldfarb
CEO of G-III Apparel Group
2023 Compensation
Stock
$3.13M
Salary
$1.35M
Bonus
$9.38M
Other
$188.96K
Total Holdings
$249.82M
Harry Sommer
CEO of Norwegian Cruise Line Holdings Ltd.
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$1.00M
Other
$66.24K
Total Holdings
$14.20M
Arnold W. Donald
CEO of Carnival Corporation
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$106.57K
Total Holdings
$85.33K