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Royal Caribbean Promotes Executives

Maritime Activity Reports, Inc.

September 27, 2012

Royal Caribbean Cruises's Brian Rice has been promoted to Vice Chairman and CFO of Royal Caribbean Cruises Ltd.  

In this expanded role, Rice will continue to oversee the finance function, but also take on responsibility for the company's supply chain department, as well as focusing more on strategic issues.  Rice will continue to report directly to Richard D. Fain, Chairman and CEO.

Rice has been with Royal Caribbean for over 20 years, most recently as Executive Vice President and CFO.  Prior to that, Rice has served in a variety of senior management positions, including Senior Vice President, Revenue Performance, where he was responsible for revenue management, air/sea, groups, international operations, decision support, reservations and customer service.  He has also served as Vice President, Market Planning and Development; and Director, Revenue Planning and Analysis.

In a related move, Jason Liberty has been promoted to Senior Vice President – Strategy and Finance, and in his new role will continue to report to Rice.  Liberty will assume responsibility for overseeing Strategic Planning, Corporate Planning, Investor Relations, Deployment and Treasury functions.

Additionally, Royal Caribbean International has appointed Lisa Bauer as Executive Vice President of Global Sales & Marketing and Lisa Lutoff-Perlo Executive Vice President of Operations.  Bauer and Lutoff-Perlo will continue to report to Adam Goldstein, President and CEO of Royal Caribbean International.

Richard D. Fain, Chairman and CEO said: "I am excited that these powerful leaders will further strengthen our organization and help drive our profitability into the future."