His package was valued at $17.55m, higher than the $15.81m of Royal Caribbean Group Chairman/CEO Richard Fain.
$10m jump in Bayley's stock awards
Bayley's compensation — which totaled $7.43m in 2020 — was buoyed by a $10m increase in time- and performance-based stock awards, to $14.99m. His salary was $1m and he received a $1.4m bonus. 'Other compensation' was $132,217, including an auto lease, life insurance, a retirement plan and further perks.
Fain's $15.81m compensation rose from $12.08m in 2020. (He remains chairman but stepped down as CEO at the end of 2021, succeeded by Jason Liberty.) Fain's 2021 salary was $1.3m. The value of his 2021 stock awards was $11.25m, close to the $11.17m in 2020. 'Other compensation' was $179,986.
Jason Liberty
Liberty, who was EVP and CFO in 2021, had compensation valued at $13.03m, up from $5.65m in 2020. Like Bayley, he benefited from a big jump in the value of stock awards, which rose to $10.5m from $3.23m in 2020. His salary was $950,000, and he received a $1.37m bonus and $118,660 in 'other compensation.'
Lisa Lutoff-Perlo
2021 compensation for Lutoff-Perlo, president and CEO, Celebrity Cruises, increased to nearly $10.42m, up from $4.75m. Her stock awards were worth $8.25m, up from $2.72m in 2020. Lutoff-Perlo's salary was $820,000 and she received a $1.06m bonus. 'Other compensation' was $151,810.
Harri Kulovaara
Kulovaara, corporate EVP maritime, received total compensation valued at $3.61m, on par with his $3.6m in 2020. His salary was $810,000, while stock awards were worth nearly $1.5m, mirroring 2020's $1.48m. His bonus was $1.11m. 'Other compensation' was $109,980.
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