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Orlando Sentinel

Business

Richard Tribou

Royal Caribbean Group CEO Richard Fain steps down

After more than three decades steering Royal Caribbean Group, CEO Richard Fain is stepping down.

The parent company to Royal Caribbean International, Celebrity Cruises and Silversea Cruises announced Fain’s move while declaring Jason Liberty, the current CFO, will succeed him in the role. Fain will stay on as Chairman of the Board of Directors, though.

Fain will make the move official on Jan. 3, 2022, and with more than 33 years leading the company, he will be the third-longest serving CEO among businesses in the S&P 500.

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