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$15m for Carnival Corp. CEO Arnold Donald

Arnold Donald received a $6m bonus in 2021
Arnold Donald, president and CEO of Carnival Corp. & plc, received compensation valued at $15m in 2021.

This was up from $13.3m in 2020. Donald's salary increased to $1.5m from $857,413. Stock awards were valued at $7.4m, down from $12.2m in 2020, but a $6m bonus pushed up his total compensation.

Michael Thamm

Michael Thamm, group CEO of Costa Group & Carnival Asia, was the second most highly compensated company leader with $6.8m, up from just under $5.2m in 2020.

David Bernstein

CFO and Chief Accounting Officer David Bernstein received compensation valued at $4.9m, up from $4.4m.

Arnie Perez

The compensation for Arnie Perez, company secretary and SVP, was $1.8m, compared to $2.3m the year before when Perez served as general counsel.

New named officers Pete Anderson and Rick Miguez

For the first time, Pete Anderson and Rick Miguez were among Carnival Corp.'s five named executives.

Anderson, chief ethics and compliance officer, received compensation valued at $1.5m. And the compensation for Miguez, who succeeded Perez as general counsel, was $1.36m.

2021 recap

Carnival Corp. lost $9.5bn on revenues of $1.9bn in 2021.

Fifty ships were returned to service, compared to one in 2020. More than 1.2m passengers were carried. 

The company ended the year with $9.4bn of liquidity.