Jason Liberty to Succeed Richard Fain as Royal Caribbean CEO

Royal Caribbean Group has unveiled its upcoming leadership transition, marking a significant milestone in the company’s history. Richard Fain, who has served as Chairman of the Board since 1988 and helped redefine the cruise industry, will step down from the chairman role in Q4 2025. Fain will continue to serve as a Director on the Board, ensuring continuity and strategic support.

Stepping into the role of Chairman and CEO will be Jason Liberty, who has been leading the company as President and CEO since January 2022. The Board of Directors unanimously elected Liberty to the expanded position, recognizing his leadership and vision in shaping the company’s future. “I am honored and humbled,” said Liberty, adding that he looks forward to enhancing guest experiences and delivering long-term value for shareholders.

Fain reflected on his departure with optimism, stating, “It is time to hand the wheel to the next generation of exceptional talent at RCG. I am very confident that under Jason’s strong leadership, the Royal Caribbean Group will accelerate to even greater heights.” His legacy includes the launch of industry-leading ships, innovative destinations, and the development of a strong, resilient company culture.

In a related leadership development, John Brock, a Board member since 2014, has been named Independent Lead Director. Brock, who previously served as Chairman and CEO of Coca-Cola Enterprises and CEO of InBev, brings extensive corporate governance experience and will play a key role in guiding the Group’s strategic direction.

Liberty emphasized Brock’s importance in the transition, saying, “John brings invaluable experience and strong integrity that will support our ongoing growth and governance. I look forward to working closely with him and the Board as we execute on our bold ambitions.”

With a strong leadership team in place and a legacy of innovation behind it, Royal Caribbean Group enters a new chapter, focused on elevating cruise experiences and driving sustainable expansion in the global vacation market.