Fain's salary stayed flat at $1m and he got a bonus of $2.4m, up from $2.2m in 2014. The value of on-cycle stock awards went to $5.8m, up from nearly $3.7m. Other compensation of about $120,000 included life insurance, retirement plans and benefit payouts.
Adam Goldstein, president and chief operating officer of Royal Caribbean Cruises Ltd., received compensation valued at $3.8m, down from $5m in 2014 when he got one-time stock awards worth more than $1.4m. Goldstein's salary held at $800,000, and his bonus rose above $1.3m, up from just under that amount.
Michael Bayley, president and ceo of Royal Caribbean International, had compensation worth $3.2m, compared to $4.4m in 2014 when one-time stock awards were valued at $1.9m. His salary stayed flat at $650,000 and he earned a bonus of $986,000, up from $861,000.
Compensation for Harri Kulovaara, corporate evp maritime, totaled $2m, compared to nearly $2.9m in 2014 when he received one-time stock awards valued at $955,000. He got a 2.7% raise, bringing his salary to $550,000. As in 2014, he received a $300,000 bonus in recognition of his efforts with the newbuild program.
Compensation for Royal Caribbean's fifth named officer, cfo Jason Liberty, was $2m, compared to nearly $2.3m the prior year when one-time stock awards were valued at $716,000. Liberty's salary rose 11.1%, to $500,000.