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Royal Caribbean Chairman to Step Down After 37 Years

  • Royal Caribbean Group announced on June 6, 2025, that Richard Fain will step down as Chairman in Q4 2025, with Jason Liberty succeeding him.
  • This leadership change follows Fain's 37-year tenure during which he shaped the cruise industry and guided the company's growth amid expansions and innovations.
  • Royal Caribbean operates 67 ships across five brands, including Celebrity and Silversea Cruises, and continues to expand with new vessels and private destinations.
  • Liberty expressed his gratitude and humility upon being chosen as Chairman and CEO, and he is eager to enhance the exceptional vacation experiences provided to guests while driving sustained value for shareholders.
  • Fain will remain on the board and expressed confidence that Liberty’s leadership will accelerate Royal Caribbean’s success while the transition signals a new strategic era for the company.
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PR Newswire broke the news in United States on Friday, June 6, 2025.
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