Posted on June 9, 2025
Richard Fain will be stepping down as Royal Caribbean Group chair in Q4, remaining as a director, and CEO Jason Liberty adds the chair role.
Fain, a visionary leader who’s not only propelled Royal Caribbean but helped shape the modern cruise industry, has chaired the Royal Caribbean board since 1988.
John Brock new independent lead director
Additionally, John Brock, a member of the board since 2014 and current chair of the Nominating and Corporate Governance Committee, has assumed the role of independent lead director.
Transformative leadership
Liberty called Fain’s leadership “transformative,” adding: “I am honored and humbled to have been elected as chairman and CEO and I look forward to continuing to create and deliver the ultimate vacation experience for our guests and delivering elevated long-term value for our shareholders. Fortunately, the company and I will continue to benefit from Richard’s experience and mentorship in his continued role as a director on our board.”
Confidence in Liberty
“It is time to hand the wheel to the next generation of exceptional talent at RCG, and I am very confident that under Jason’s strong leadership, the Royal Caribbean Group will accelerate to even greater heights in the years ahead,” Fain said.
“Looking ahead, John Brock brings invaluable experience from his time as chairman and CEO of Coca-Cola Enterprises and CEO of InBev, and strong integrity that will support the company’s ongoing growth and governance. I look forward to working with him in his new role, along with the rest of the Board, as we execute on our bold ambitions,” Liberty added.
