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Compensation for Carnival's Donald worth $8.7m in 2014

Chief executive Arnold Donald
Arnold Donald, president and ceo of Carnival Corp. & plc, received $8.7m in compensation during 2014, including a $1m salary, stock awards valued at $3.5m and an additional $3.9m in non-equity incentives plus $291,000 in other compensation such as personal use of the corporate aircraft.

Total compensation for Carnival's other named officers included nearly $6.5m for Michael Thamm, ceo of the Costa Group, a large increase from less than $2.5m in 2013 due to a hefty rise in the value of stock awards and non-equity incentive compensation. Thamm's salary held steady at €700,000.

Gerry Cahill, president and ceo of Carnival Cruise Line, received $6.1m in total compensation, compared to $2.9m in 2013. His salary held flat at $798,000 but the value of stock awards and other non-equity incentive compensation increased substantially. Cahill retired effective Nov. 30 last year.

Alan Buckelew, chief operations officer, received total compensation valued at $6m, including a salary of $825,000, stock awards valued at $3.4m and other incentive compensation of more than $1.5m. 2014 was the first year Buckelew was a named officer.

CFO David Bernstein's total compensation was $5.2m, up from just under $2m in 2013. His salary increased to $675,000 from $595,000. The value of stock awards increased substantially, as did non-equity incentive pay.