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Royal Caribbean Group logoRoyal Caribbean Group RCL

Royal Caribbean said Richard Fain, the Chair of the Board since 1988, will step down as Chairman in Q4 2025 Q4 2025 and will remain on the Board as a Director.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Royal Caribbean said Richard Fain, the Chair of the Board since 1988, will step down as Chairman in Q4 2025 Q4 2025 and will remain on the Board as a Director.

  2. The company said Jason Liberty, who has served as President and CEO since January 3, 2022, was elected by the Board to succeed Fain as Chairman and CEO and will assume those roles in Q4 2025 Q4 2025.

  3. Royal Caribbean Group said John Brock, a Board member since 2014 and current Chair of the Nominating and Corporate Governance Committee, has taken on the role of Independent Lead Director.

  4. The company said Liberty cited Brock's experience as Chairman and CEO of Coca-Cola Enterprises and CEO of InBev.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Richard Fain to Step Down as Chairman in Q4 2025, Remain Director

Royal Caribbean said Richard Fain, the Chair of the Board since 1988, will step down as Chairman in Q4 2025 Q4 2025 and will remain on the Board as a Director.

Source · Based on the filing body and exhibits

Jason Liberty Elected Chairman and CEO

The company said Jason Liberty, who has served as President and CEO since January 3, 2022, was elected by the Board to succeed Fain as Chairman and CEO and will assume those roles in Q4 2025 Q4 2025.

Source · Based on the filing body and exhibits

John Brock Takes On Independent Lead Director Role

Royal Caribbean Group said John Brock, a Board member since 2014 and current Chair of the Nominating and Corporate Governance Committee, has taken on the role of Independent Lead Director.

Source · Based on the filing body and exhibits

Liberty Cites Brock's Background

The company said Liberty cited Brock's experience as Chairman and CEO of Coca-Cola Enterprises and CEO of InBev.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.