Jason Liberty to succeed Richard Fain as RCG chair and CEO
Royal Caribbean Group (RCG) chair Richard Fain will step down from his position in the fourth quarter of 2025
He will be succeeded by Royal Caribbean Group president and CEO Jason Liberty, who was elected by the board to assume the role in Q4.
Fain, who has led the organisation since 1988, will remain with the Royal Caribbean International, Celebrity Cruises and Silversea parent as a director.
“Richard’s leadership has been nothing short of transformative,” said Liberty. “Under his leadership, the Royal Caribbean Group has become the leading vacation company – with industry leading brands, ships, destinations and people.
“I am honoured 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.”
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.
“Looking ahead, John Brock brings invaluable experience from his time as chair 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 said.
Fain said: “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.”
