CEO Compensation: The Rich Get Richer

Richard Fain  RCL Royal Caribbean CEO Richard D. Fain's reportedly collected total compensation last year in the amount of $10,400,000 (million) compared to his total compensation in 2015 of $9,400,000 (million), according to a recent filing with the Securities and Exchange Commission.

CEO Fain recently sold 20,000 shares of  Royal Caribbean stock.  The RCL stock was sold at an average price of $94.92, for a total transaction of $1,898,400.00. Following the transaction, Mr. Fain now owns 1,027,741 shares in the company, valued at approximately $97,553,175.72. He also indirectly owns another 426,912 shares of RCL stock, for  the benefit of certain family members, worth over $40,230,479.

Interested in this issue?  Read Cruise Executive Richard Fain Hits the Jackpot Again.