Royal Caribbean Cruises CEO Richard Fain's 2007 pay rises 13% to $6.7M
Royal Caribbean Cruises reports 2007 executive compensation
By ExecPay News
Published: April 11, 2008
Royal Caribbean Cruises reported fiscal year 2007 executive compensation information on April 11, 2008.
In 2007, five executives at Royal Caribbean Cruises received on average a compensation package of $3.1M, a 13% increase compared to previous year.
Average pay of disclosed executives at Royal Caribbean Cruises
Richard D. Fain, Chief Executive Officer, received $6.7M in total, which increased by 13% compared to 2006. 44% of Fain's compensation, or $3M, was in non-equity incentive plan. Fain also received $4.1K of change in pension value and nonqualified deferred compensation earnings, $506K in option awards, $1M in salary, $2.1M in stock awards, as well as $127K in other compensation.
Adam M. Goldstein, Chief Executive Officer, received a compensation package of $2.7M, which increased by 36% compared to previous year. 43% of the compensation package, or $1.2M, was in non-equity incentive plan.
Daniel J. Hanrahan, Chief Executive Officer, earned $2.1M in 2007, a 15% increase compared to previous year.
Brian J. Rice, Chief Financial Officer, received $2.1M in 2007, which increases by 21% compared to 2006.
Harri U. Kulovaara, Executive Vice President, Maritime, earned $1.6M in 2007, a 19% increase compared to previous year.
Related executives
Richard Fain
Royal Caribbean Cruises
Chief Executive Officer
Brian Rice
Royal Caribbean Cruises
Chief Financial Officer
Adam Goldstein
Royal Caribbean Cruises
Chief Executive Officer
Daniel Hanrahan
Royal Caribbean Cruises
Chief Executive Officer
Harri Kulovaara
Royal Caribbean Cruises
Executive Vice President, Maritime
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Source: SEC filing on April 11, 2008.