This afternoon CNBC interviewed Royal Caribbean Richard Fain about when his cruise line will re-start operations and when his crew members will finally be repatriated. Here is a portion of the interview:
“CNBC: . . . we know that this is a challenging time. We really appreciate you spending time with us today.
Royal Caribbean Cruises’ CEO Richard Fain (photo top in happier days) collected $14,358,919 in compensation in 2019, the cruise line announced two weeks ago in a SEC filing.
Two days earlier, Royal Caribbean announced that it was laying off 25% of its workforce in the United States, due to the COVID-19 pandemic. In addition, Royal
Royal Caribbean Cruises Ltd. chairman and CEO Richard Fain acquired 18,900 shares of Royal Caribbean (“RCL”) stock for $1,990,000 or a weighted average price of around $105.60 a share, according to Seatrade Cruise News.
Mr. Fain bought the RCL shares on Thursday. The stock is reportedly for a trust primarily for the benefit of
Royal Caribbean top executive Richard Fain reportedly sold 20,000 shares of Royal Caribbean (RCL) stock this week for a total amount of approximately $2,500,000.
In a transaction this past Monday, November 13th, he sold his shares at an an average price of $123.76, for a total value of $2,475,200.00. CEO Fain officer reportedly now owns 895,416 shares
Royal Caribbean President and Chief Operating Officer (COO) Adam Goldstein (photo, to the right) sold 120,000 shares of his company’s cruise stock on August 2 and 3, 2017. The stock was sold at an average price of $118.21 for a total sale of $14,185,200.00, according to the SEC.
This follows the sale of RCL
.jpg)
Royal Caribbean chief executive officer Richard D. Fain sold 210,706 shares of his cruise line stock in a transaction on Wednesday, August 2, 2017 at an average price of $115.83, for a total value of $24,406,075.98.
Mr. Fain was last in the news in April when a filing with the Securities and Exchange Commission
Barron’s reports that Royal Caribbean Cruises’ top executive recently bailed out on a large block of cruise line stock just before the cruise line’s shares touched a new 52-week intra-day high.
On December 13th Chairman and Chief Executive Officer Richard Fain sold 143,140 shares of RCL stock for $4,964,095, an average of $34.68 each. Barron’s says
Cruise fans, travel agents and cruise communities have been abuzz in anticipation of Royal Caribbean’s new cruise ship – the "Oasis of the Seas." "Amazing! . . Wow! . . Look at that!" . . . have been the extent of the popular media’s insight into this new super mega ship.
But a few journalists have questioned the environmental appropriateness of this monster of a cruise ship.
