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Royal Caribbean vice chairman, CFO to retire spring 2014

Royal Caribbean Cruises Ltd has announced that its vice chairman and chief financial officer, Brian Rice (pictured, left), will transition some of his responsibilities to new CFO Jason Liberty, as he prepares for his retirement in the Spring of 2014. 

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RTTNews
Friday, May 17, 2013
Friday, May 17, 2013

Royal Caribbean Cruises Ltd. (RCL: Quote) announced that its Vice Chairman and Chief Financial Officer, Brian Rice, will transition his Chief Financial Officer responsibilities to Jason Liberty as he prepares for his retirement in the spring of 2014. However, Rice will continue to serve as Vice Chairman until his retirement, overseeing Royal Caribbean’s finance, supply chain, strategy and information technology functions.


Rice has been with Royal Caribbean for more than 20 years, serving as Chief Financial Officer since 2006 and Vice Chairman since 2012.

XXXXIn a related move, Jason Liberty (right) has been appointed as new Chief Financial Officer, effective immediately, and will continue to report to Rice. Liberty joined Royal Caribbean in 2005 and most recently served as Senior Vice President, Strategy and Finance, overseeing the company’s Corporate and Strategic Planning, Treasury, Investor Relations and Internal Audit functions. Before joining Royal Caribbean, Liberty was a senior manager at the accounting firm KPMG.

In addition, Henry Pujol has been named Senior Vice President and Controller, and in his new role will report to Liberty. Pujol joined Royal Caribbean in 2004 as Assistant Controller and was promoted to Vice President, Corporate Controller in 2008. Before joining Royal Caribbean, Pujol was a senior manager in the audit practice of KPMG.

Investors seeking higher yields are buying structured notes tied for the first time to the debt of emerging-market nations from The Bahamas to Lithuania and Honduras. JPMorgan Chase & Co sold $6 million of credit-linked notes on The Bahamas this week, the first securities to reference the island nation, according to data compiled by Bloomberg.

Awilhelmsen AS, the largest shareholder of Royal Caribbean Cruises Ltd, announced yesterday that it would vote its shares in favor of a shareholder proposal to eliminate classification of the Royal Caribbean Board of Directors and in accordance with a recommendation of Institutional Shareholder Services.

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