Jason Liberty is President and Chief Executive Officer of Royal Caribbean Group (RCL). The company reported total compensation of $23,978,813 for fiscal year 2025.
| Salary | $1,396,154 |
|---|---|
| Bonus | $0 |
| Stock awards | $15,800,057 |
| Option awards | $0 |
| Non-equity incentive plan | $5,129,600 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $1,653,002 |
| Total | $23,978,813 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Royal Caribbean Group filed April 17, 2026, accession 0000884887-26-000017.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $1,396,154 | $0 | $15,800,057 | $0 | $5,129,600 | $0 | $1,653,002 | $23,978,813 |
| FY2024 | President and Chief Executive Officer | $1,342,308 | $0 | $12,999,935 | $0 | $4,911,300 | $0 | $244,278 | $19,497,820 |
| FY2023 | President and Chief Executive Officer | $1,246,986 | $0 | $11,500,037 | $0 | $4,280,000 | $0 | $189,252 | $17,216,275 |
| FY2022 | President and Chief Executive Officer | $1,200,000 | $0 | $7,000,056 | $0 | $2,344,800 | $0 | $219,402 | $10,764,258 |
| FY2021 | EVP, Chief Financial Officer | $950,000 | — | $10,500,003 | — | $1,377,500 | $88,519 | $118,660 | $13,034,682 |
| FY2020 | EVP, Chief Financial Officer | $818,798 | $0 | $3,228,563 | $0 | $1,411,938 | $89,503 | $100,429 | $5,649,231 |
| FY2019 | EVP, Chief Financial Officer | $866,346 | — | $2,621,510 | — | $1,731,002 | $91,472 | $113,674 | $5,424,004 |
Totals as disclosed in each year's own compensation disclosure for Royal Caribbean Group.
| Peer-group chief executive median | $20,718,026 |
|---|---|
| Difference from that median | $3,260,788 |
| Percentile within the disclosed peer group | 1st |
| Peers with a disclosed figure | 20 |
Medians and percentiles are computed across the peer group Royal Caribbean Group discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Jason Liberty this page | President and Chief Executive Officer | $23,978,813 |
| Michael Bayley | President and CEO, Royal Caribbean | $9,434,227 |
| Naftali Holtz | Chief Financial Officer | $7,114,208 |
| Laura Hodges Bethge | President, Celebrity Cruises | $5,952,209 |
| Harri Kulovaara | EVP, Maritime | $4,907,645 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Royal Caribbean Group compensation brief.
Jason Liberty's compensation sits inside Royal Caribbean Group's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.