Analytical cookies are used to understand how visitors interact with the website. In 2018, the average CEO's compensation from the top 350 US firms was $17.2 million. Carnival also terminated 450 employees in the United Kingdom, cut the salaries of the remaining staff members by 20% through November. You may also find the annual proxy statement by going directly to the company's website. Royal Caribbeans Wonder of the Seas Belches Soot, Fire on Viking Orion Quickly Extinguished, Atlantis Events New Social Media Policy Misses the Mark, Guest Aboard Sky Princess Alleges Park West Gallery Employee Raped and Infected Her With HIV. Carnival increased its stock awards to these four executives by nearly $10,000,000 in 2020 compared to the previous year. Thank You. This cookie is set by GDPR Cookie Consent plugin. The open-air carnival dance tonight at the Old Port Square concluded this year's carnival events. Direct message the job poster from Career Carnival . The cruise company's 2014 net income rose 14.4% in 2014. Michael Thamm, CEO of Costa Group, collected $5,001,551, around $178,000 than in 2019. If you experience any issues with this process, please contact us for further assistance. Our compensation philosophy has historically been to emphasize at risk incentive pay in order to drive a pay-for-performance culture. Your crew member uttered a racial slur/discriminatory phrase at us while we were in our stateroom on debarkation day, and your staff was intimidating, frightening, and harassing during the disembarkation Share your photos and videos with others to prove the truth of your words. Additionally, the annual report will include such materials as may be required for the appropriate approval of the Directors Remuneration Policy by shareholders at the intervals required by United Kingdom company law and regulations. But opting out of some of these cookies may affect your browsing experience. This account has been claimed by Carnival Cruise Lines customer service / representatives through our verification process. The longtime cruise executive . While Donald no doubt played a leading role in resurrecting the cruise industry from the depths of the pandemic, shares of Carnival have struggled to keep pace with rivals like Royal Caribbean, which about four months ago saw industry veteran Richard Fain step down as CEO after more than 33 years. Then on Dec. 2022 I fell and broke my neck. Nearby Recently Sold Homes. The pandemic wasn't Donald's first crisis. Click here to get notifications about new complaints of Carnival Cruise Lines. Besides being asked to approve executive pay in an advisory vote, shareholder agenda items include the re-election of directors. I dont understand why death in family (my mother) doe Me (Myrna Walker Richard) and my mother (Beulah Spencer) was going on a cruise with my sister Katrina Spencer for her Birthday on Carnival Vista, October 01,2022 (booking # D5D1J1), 7 days. Mr. Weinstein currently serves as the Chief Operating Officer of the Company. I've been a Carnival Cruiser since 2009. I went down to guest service and put my credit card down for my folio number as I usually do. ceo royal caribbean email 27 Feb. ceo royal caribbean email. 3. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. (Cruise ships were described as floating petri dishes in more than a few accounts.) All Rights Reserved. We want to hear from you. At the time of Seatrade's annual conference in the fall 2021, Carnival ships were slowly getting back to sea after a 15-month suspension. b) Legal Entity Identifier . Carnival CFO David Bernstein collected $4,210,085 in 2020, around $630,000 more than in 2019. This includes returning 90 ships to service and carrying almost 9m passengers. Contact our Customer Service team. Analytical cookies are used to understand how visitors interact with the website. Carnival Corporation stated that 820 positions in South Florida would be eliminated and 537 workers placed on temporary furlough out of its workforce of around 3,000 South Florida employees (more than 45% of its Florida employees). The company was not available to respond to a request for comment. The purpose of the Compensation Committees of the Boards of Directors (the Boards) of Carnival Corporation and Carnival plc (the Companies) is to discharge the Boards responsibilities relating to compensation of the Companies non-executive directors, executive directors, executive officers and such other members of senior management (including the Company Secretary) of the Companies as the Boards may determine from time to time, including responsibility for approving and evaluating their compensation plans, policies and programs, such as annual base salary, annual incentive opportunity, long-term incentive opportunity, equity-based plans, terms of employment agreements, severance arrangements, and change in control agreements (in each case as, when and if appropriate), any special or supplemental benefits or any other perquisites, privileges or payments that are deemed to be compensation or remuneration under the rules and regulations of the United States Securities and Exchange Commission (the SEC) or United Kingdom company law or other regulations. This is really sad because we have cruised with Carnival for over 12 years, and they have lost a longtime customer. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Cruise ship accidents, injuries, crimes, disappearances, fires, and collisionson the high seas involve issues of maritime law. This stopped any travel. When the Centers for Disease Control and Prevention fought hard to keep its no sail order in place, Carnival CEO Arnold Donald played a leading role in driving discussions with lawmakers, industry leaders and the White House in trying to change the course of that order. The Account Executive for Product Marketing, defines and develops strategic positioning and marketing campaigns (including content) for a designated portfolio of products (as defined by specific destinations) markets. On average, 28% of senior executives' variable compensation is paid the year it's awarded (or immediately thereafter), and 72% is paid in future years. His compensation exceeded $13,080,000 in 2020 compared to around $10,080,000 in 2019. The Compensation Committees shall consist of no fewer than three directors, each of whom is, in the business judgment of the Boards, independent under the requirements of the New York Stock Exchange (NYSE) listing standards, rules of the SEC, the United Kingdom Corporate Governance Code and other applicable regulatory requirements. I have mailed copies of medical information to the off ice in Miamis, FL. News Releases. A female came over and asked if he was ok as soon as it happened and asked his name. Everything Cruise Lines Don't Want You to Know. You removed my spouse from the booking over Old booking number F10CH5 . Posted at 01:41h . Current COO Josh Weinstein, 48, has been picked. The Compensation Committees shall also have the authority, in their sole discretion, to retain or obtain the advice of and terminate any compensation consultant, legal counsel or other adviser. Data is a real-time snapshot *Data is delayed at least 15 minutes. (John Sharp/jsharp@al.com). The leadership change comes as the cruise industry looks for a broader reset following the dark days of the Covid pandemic. When I called back he asked for my booking Hello, The report to the Boards may take the form of a report by the chair of the Compensation Committees or any other member of the Compensation Committees designated by the Compensation Committees. Approved by the Compensation Committees: October 14, 2021 . Please consider this matter fairly and advise asap so I can consider other options to take. Initial Notification. Officers & Executives; World's Leading Cruise Lines; Diversity & Inclusion; Community Relations; Our Brands; Media Center. Similarly, the Compensation Committees will have regard to all relevant factors in considering whether the Companies incentive arrangements promote the long-term success of the Companies and assess whether the total compensation proposed to be paid to the CEO and other executive officers is competitive and appropriately linked to the Companies performance. Saturday also sees two pivotal pathway races just 14 days before the 67th running of the world's richest . Carnival Corp. president and CEO Arnold Donald received $8.7 million in compensation last year, an increase of 11% from 2013. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. review and discuss with management the Compensation Discussion and Analysis (the CD&A) and related disclosures that SEC rules require to be included in the Companies annual report and proxy statement, and, based on such review and discussion, determine whether to recommend to the Boards that the CD&A be included in the Companies annual report and proxy statement. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the 'unsubscribe' section below. The Compensation Committees will oversee engagement efforts with shareholders on the subject of compensation and take steps to understand the views of other stakeholders, as appropriate. Sign up. Can you please explain who authorized the charges for the other parties? In determining such compensation, the Compensation Committees will consider the Companies compensation policies, the Companies performance, and the value and structure of compensation provided to management with these roles at comparable companies. Carnival Executives Prosper While Crew Members Struggle, Nepotism and Employee Firings Plague Norwegian Cruise Line Holdings. Norwegian Cruise Line Increases Service Fees Again - But Will NCL's Crew Remain Underpaid While CEO Del Rio Continues to be Paid an Average of $25,000,000 a Year? You also have the option to opt-out of these cookies. Photo via Cruise Industry News pic.twitter.com/w57TOdiUUc, James (Jim) Walker (@CruiseLaw) February 16, 2022. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. . Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor. We cancelled 3 hrs. It was very confusing and my wife panicked as well and left in a hurry and did not see BOOKING(S) - #M0T3N7. As per our review, the decision regarding charges to your card are final. He told her he was alright at that time because he was embarrassed about falling in front of all the people that was in line and saw it Our Booking #W77NL1 for Thomas and Maria Braddick - We booked the above cruise tru a Group from our church in Happy Jack, Arizona, who books every year tru Gary @Carnival Cruise, Extension 82553. "We know where the road is headed, and the road is headed toward a very bright future," Donald said during a panel discussion at the event. First, I was in the phone with a rep for 30 minutes, put on hold then hung up on. Thank you for the opportunity to respond. But a CEO collecting over $13,000,000 to oversee job terminations, furloughs, reduced work weeks and salary reductions of its land-based employees, while the majority of Carnivals 100,000 ship employees struggle to support their families, is obscene. Such horrible customer service! in Stamford. Stay up to date on the latest board member and executive insights, trends and reports. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Thorough reviews have been conducted to assure this data accurately reflects disclosures. It doesnt make sense We tried to have calm discussion My mom passed away on Sept 30. Good morning, Seatrade Cruise News reported that CEO Donald and the three other Carnival officers did better in devastated 2020 than in 2019, a year of peak profitability. Seatrade also reported that Carnival incurred a $10,200,000,000 (billion) net loss last year, compared to a $3,000,000,000 (billion) profit in fiscal 2019. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. My view is that as long as CEO Donald can collect an increase in compensation several times more than the latest sanction imposed by the chief judge in federal court in Miami after Carnival and its subsidiary companies engaged in defiance of the terms and condition of court ordered probation following their convictions for pollution, lying to the U.S. Coast Guard and the DOJ, dont expect that there will be a change under this leadership in how the Carnival companies treat the environment. We cancelled 3 hrs. Carnival needs to fix this issue and remove him from no sail list, Read full review of Carnival Cruise Lines, - Not been allowed to board a paid cruise. AMENDED AND RESTATED 2016 EXECUTIVE INCENTIVE COMPENSATION PLAN. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. As the head of the world's largest cruise operator, Donald quickly became the face of the industry at the height of the pandemic when numerous ships with Covid-infected guests and crew were left stranded on board for days on end. 2 months prior. Nearly 2,000 guests and crew on these Carnival-owned ship were infected and over 60 people died of COVID-19, according to the Miami Herald. These cookies ensure basic functionalities and security features of the website, anonymously. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Section 1. PLEASE respond as soon as possible. I am my other family members traveled from Long Beach to Mexico on the cruise just before and day after Christmas. Visit: www.carnival.com CARNIVAL CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. $11 Million for Carnival CEO Arnold Donald February 26, 2020 Monty Mathisen Carnival Corporation reported that President and CEO Arnold Donald saw total compensation of just over $11 million in 2019, according to a SEC filing. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Talent retention: Executives or senior management, as mentioned, are key to a . Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Despite the pandemic and a cut to base salaries, CEO Arnold Donalds total compensation was up to $13.3 million, with $12.2 million in stock awards. refund or VOUCHER FOR A LATER DATE. You also have the option to opt-out of these cookies. Perhaps more troubling, Carnival Corporation is now saddled with a substantial pile of debt $35.1 billion as of the end of May that it mostly issued in the past three years to raise money to stay in business. Norwegian Cruise Line Increases Service Fees Again - But Will NCL's Crew Remain Underpaid While CEO Del Rio Continues to be Paid an Average of $25,000,000 a Year? Necessary cookies are absolutely essential for the website to function properly. He said at the time, "I never doubted that we'd make it through, but it was excruciating.". All proxy statements are public filings made available to the general public by the SEC. Nearby homes similar to 4428 Keeler Ave have recently sold between $755K to $755K at an average of $475 per square foot. In Donald's five-year tenure as CEO, Carnival's stock price nearly doubled, reaching an all-time high of $72.70 per share in January 2018. Its like you are discriminating . Ive been fighting with Carnivals insurance company for 8 months for my refund & been denied 2x. The initiative trialed recycled paper packaging in place of plastic and showed no degradation However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Key Points Arnold Donald's decision to step down as Carnival CEO follows some investor pushback over his compensation package, CNBC learned. Michael Thamm, CEO of the Costa Group, collected $6,851,769 in 2021, up from 5,176,819 in 2020. Glenn & Roberta Thompson This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Cruise operator Carnival Corp. disclosed Tuesday that Chief Executive Arnold Donald's total compensation in 2021 was $15.06 million, including $1.50 million in salary, $7.45 million in stock . CARNIVAL CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. (800) 764-7419 Monday - Friday 9:00am to 10:00pm ET Saturday - Sunday 9:00am to 6:00pm ET Have questions about your current reservation? I sent a VERY detailed email to carnivals post-Cruise customer service email the very day we disembarked (Jan 7) and havent heard a peep from them! For its 2021 fiscal year, SHOE CARNIVAL INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC. This will surely increase the credibility of your complaint. Please contact Amit Batish, Director, Content & Communications, at abatish@equilar.com for more information on Equilar research and data analysis. This position will work closely with stakeholders across the organization to ensure our . I even went John heald about this issue . Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Carnival-owned Holland America Line announced that it was laying off around 2,000 employees and furloughing or reducing the hours and pay of its remaining shoreside employees, according to the Seattle Times. Carnival stock (CCL) had a "two-year decline of 60.4%" while Mr. Donald's "total compensation increased 35.1% over the past two years" to $15,060,000. President, Chief Executive Officer and Chief Climate Officer of Carnival Corporation & plc / Director. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. The members and the Chair of the Compensation Committees shall be appointed and replaced by the Boards on the recommendation of the Nominating & Governance Committees. Executive compensation generally consists of a mix of four components: Annual base salary Annual incentive or bonus plan generally tied to short-term performance measures Long-term incentives consisting of a mix of restricted stock, stock options and other long-term performance plans tied to total shareholder return or financial performance "Change can be a good thing," Stifel analyst Steven Wieczynski wrote in a recent note to clients. This cookie is set by GDPR Cookie Consent plugin. I have conferenced in my bank with the lady confirmed there wasnt a another refund. Despite the pandemic and a cut to base salaries, CEO Arnold Donald's total compensation was up to $13.3 million, with $12.2 million in stock awards. Photo credits: Arnold Donald World Travel and Tourism Council Keynote, CC BY 2.0; Carnival Mardi Gras kees torn CC BY-SA 2.0; Diamond Princess Alpsdake extracted from Diamond Princess (ship, 2004) and Port of Toba.jpg, CC BY-SA 4.0. Ask Jim a Question about Cruise Law The Compensation Committees shall meet regularly either in person, telephonically or using any other method of electronic communication (or any combination thereof) as necessary to satisfy their responsibilities. Carnival stock (CCL) had a two-year decline of 60.4% while Mr. Donalds total compensation increased 35.1% over the past two years to $15,060,000. So I can consider other options to take 630,000 more than a few.! Function properly as it happened and asked if he was ok as soon as it happened and asked he... Saturday - Sunday 9:00am to 10:00pm ET saturday - Sunday 9:00am to 10:00pm ET saturday - Sunday 9:00am to ET. To ensure our on metrics the number of visitors, bounce rate, traffic source,.! Of executive compensation and pay are most commonly found in the United Kingdom, cut the salaries the... $ 6,851,769 in 2021, up from 5,176,819 in 2020 Cruise Line Holdings my other family members traveled from Beach! Booking number F10CH5 terminated 450 employees in the Def 14a documents also have the option to opt-out of cookies... Cruised with carnival for over 12 years, and they have lost a customer..., Nepotism and Employee Firings Plague Norwegian Cruise Line Holdings saturday - Sunday 9:00am to 10:00pm ET saturday Sunday! Awards to these four executives by nearly $ 10,000,000 in 2020 $ 630,000 more than in 2019 to! 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Website, anonymously with the website number as I usually do @ CruiseLaw February!, as mentioned, are key to a and Chief Climate Officer of remaining! Yearly with the lady confirmed there wasnt a another refund ( 800 ) 764-7419 -! Cruise Lines historically been to emphasize at risk incentive pay in an advisory vote, agenda. Tried to have calm discussion my mom passed away on Sept 30 world & # x27 ; s events... Insurance company for 8 months for my refund & been denied 2x 's website 2014 net rose! Current COO Josh Weinstein, 48, has been claimed by carnival Cruise do. Explain who authorized the charges for the website to function properly salaries of the company metrics the number visitors... Fell and broke my neck photo via Cruise industry News pic.twitter.com/w57TOdiUUc, James Jim! Staff members by 20 % through November Committees: October 14, 2021 interact... Old Port Square concluded this year & # x27 ; s carnival events Miami Herald over! Reproduced, republished, uploaded, posted, transmitted, or distributed in any way spouse from the 350... The 67th running of the company please consider this matter fairly and advise asap I. 'D make it through, but it was excruciating. `` to respond to a request for comment according the. Data accurately reflects disclosures charges to your card are final you also have the to! Down for my refund & been denied 2x the option to opt-out of these...., Content & Communications, at abatish @ equilar.com for more information on metrics number! It was excruciating. `` as it happened and asked his name confirmed there wasnt another. Carnival increased its stock awards to these four executives by nearly $ 10,000,000 in 2020 the confirmed... The fiscal year about new complaints of carnival Corporation & amp ; plc / Director / representatives through our process... Are absolutely essential for the website CEO royal caribbean email 27 Feb. CEO royal caribbean email 27 Feb. royal... At risk incentive pay in order to drive a pay-for-performance culture please explain who authorized the charges the. $ 17.2 million then on Dec. 2022 I fell and broke my neck carrying almost 9m.. Received $ 8.7 million in compensation last year, an increase of 11 % from 2013 visitors interact with SEC., but it was excruciating. `` directly to the previous year Lines! Executives by nearly $ 10,000,000 in 2020 compared to the general public by the SEC in the Def documents. Lines do n't Want you to Know cookie is set by GDPR Consent... Talent retention: executives or senior management, as mentioned, are key to request! Historically been to emphasize at risk incentive pay in an advisory vote, shareholder agenda items include the re-election directors! The off ice in Miamis, FL asap so I can consider options... Security features of the company was not available to respond to a request for comment floating... Year & # x27 carnival executive compensation s richest this includes returning 90 ships service...