Richard Fain Stepping Down as CEO of the Royal Caribbean Group (RCL)

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Royal Caribbean's (RCL) CEO to Step Down, Jason Liberty Names as Successor

November 9, 2021 7:49 AM EST

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. Chief Financial Officer Jason Liberty will succeed him as CEO and join the Board of Directors. Fain will remain as Chair of the Board of Directors.

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... More