Jason Liberty's 2022 compensation valued at $10.76m

This was down from the $13.03m in 2021 when he was CFO due to the lower value of his 2022 stock awards — $7m, versus $10.5m the year before.

In 2022, Liberty's salary rose to $1.2m, up from $950,000 when he was CFO, and he received a bonus of $2.34m, up from $1.37m. He also received 'other compensation' of $219,402 including the installation cost of a security system at his residence, an auto lease, the periodic use of a car and driver for commuting, and other benefits.

Michael Bayley

The company's second most highly compensated officer was Michael Bayley, president and CEO, Royal Caribbean International, with $7.76m, compared to $17.55m in 2021 when his stock awards were valued at $14.99m, way higher than the $5m in 2022. HIs salary was $1,046,849, a 5% raise from 2021.

Lisa Lutoff-Perlo

Lisa Lutoff-Perlo, president and CEO, Celebrity Cruises, received compensation valued at $4.75m, down from $10.41m in 2021 when her stock awards were worth $8.25m. In 2022, Lutoff-Perlo's stock awards totaled $2.74m. Her salary was $858,416, 5% higher than in 2021.

Harri Kulovaara

Harri Kulovaara, EVP maritime, Royal Caribbean Group, received compensation valued at $3.61m, on par with 2021. His salary was $847,948, up 5%. Kulovaara is entitled to a bonus of $150,000 per ship delivered during the year so his bonus includes $300,000 for the two ships handed over in 2022.

Naftali Holtz

CFO Naftali Holtz joined the company's named executive officers for the first time in 2022 with total compensation valued at $2.81m. This includes a salary of $675,000.

Richard Fain

Royal Caribbean Group Chairman Richard Fain received total compensation valued at $300,006, down from the $15.81m in 2021 when he also served as CEO. Fain's 2022 compensation was solely related to his work as a company director: 100,000 in fees and a $200,006 stock award.