Carnival reports 2018 executive compensation

CEO Arnold W. Donald receives $13.5M

Carnival reported fiscal year 2018 executive compensation information on March 7, 2019.

In 2018, five Carnival executives received on average a compensation package of $6,253,511, a 4% increase compared to previous year.

Average pay of disclosed executives at Carnival

Arnold W. Donald, Chief Executive Officer, received $13,505,884 in total, which increased by 4% compared to 2017. 52.04% of Donald's compensation, or $7,028,094, was in stock awards. Donald also received $4,689,000 in non-equity incentive plan, $1,500,000 in salary, as well as $289,790 in other compensation.

For fiscal year 2018, the median employee pay was $16,622 at Carnival. Therefore, the ratio of Arnold W. Donald's pay to the median employee pay was 813 to one.

Stein Kruse, Chief Executive Officer, received a compensation package of $5,516,393, which decreased by 5% compared to previous year. 49.03% of the compensation package, or $2,704,688, was in stock awards.

Michael Thamm, Chief Executive Officer, earned $5,283,577 in 2018, a 23% increase compared to previous year.

David Bernstein, Chief Financial Officer, received $4,555,794 in 2018, which increases by 1% compared to 2017.

Arnaldo Perez, General Counsel, earned $2,405,908 in 2018, a 2% increase compared to previous year.

Carnival's fiscal year ends on November 30.