Jason Liberty to succeed Richard Fain as Royal Caribbean chair

Jason Liberty

Royal Caribbean Group president and CEO Jason Liberty is to succeed Richard Fain as chairman of the company’s board when he steps down from that role in fourth quarter 2025. Fain will remain on the board as a director. 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.

“Richard’s leadership has been nothing short of transformative. Under his leadership, the Royal Caribbean Group has become the leading vacation company – with industry leading brands, ships, destinations and people,” said Liberty. “I am honored 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. Fortunately, the company and I will continue to benefit from Richard’s experience and mentorship in his continued role as a director on our board.”

“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,” said Richard Fain.

“Looking ahead,” added Liberty, “John Brock brings invaluable experience from his time as chairman 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.”