carnival executive compensation

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. No response . b) Legal Entity Identifier . We do not have to go on a cruise to catch covid. 1,593 Sq. He joined Carnival in 2013, the year a fire knocked out power on the Carnival Triumph's sanitation system, stranding more than 4,200 passengers and crew members at sea for days in miserable conditions. Our compensation programs emphasize both short and long-term performance through our annual bonus program (delivered in cash) and through the delivery of long-term incentives (equity) in a balanced approach (approximately 48% through base salary and bonus and 52% in long-term equity grants). Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. In 2018, the average CEO's compensation from the top 350 US firms was $17.2 million. This position will work closely with stakeholders across the organization to ensure our . 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. Officers & Executives; World's Leading Cruise Lines; Diversity & Inclusion; Community Relations; Our Brands; Media Center. Your Name I have conferenced in my bank with the lady confirmed there wasnt a another refund. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the . Stay up to date on the latest board member and executive insights, trends and reports. The range for this role's base salary is $51,600 - $75,300. Rick Miguez, general counsel, received compensation worth $1.1m, down slightly from $1.36m in 2021, the first year he was a named officer. We had a cruise booked for March 2020, after Covid started. "He's younger, he should bring in new energy," Wieczynski told CNBC. The complaint has been investigated and resolved to the customers satisfaction. Please leave one below or join the discussion on our Facebook page. Before I called I had already did my research on the carnival.com site about the Cruse line booking # h6t8t6 ARP. The cookies is used to store the user consent for the cookies in the category "Necessary". 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 . Im not sure who to speak with but I am highly upset. When I got home and requested my bill to pay my credit card, guest service is sending me a statement in someone else's name. Contact our Customer Service team. Discrimination, intimidation, harassment onboard! 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. The initiative trialed recycled paper packaging in place of plastic and showed no degradation Have a comment or question? Read Cruise Line CEOs Income: The Rich Get Richer which we published last year. Stein Kruse, former CEO of Holland America Group, collected $5,1461,760, nearly $1,100,000 more than in 2019. This is what came up. Carnival Executives Prosper While Crew Members Struggle, Nepotism and Employee Firings Plague Norwegian Cruise Line Holdings. The top executive for Raytheon Technologies Corp. gained a 3.7% increase in total compensation to $22.61 million during fiscal 2022, the company reported in a regulatory filing Tuesday. This cookie is set by GDPR Cookie Consent plugin. When I called back he asked for my booking Hello, The Summary Compensation Table provides, in a single location, a comprehensive overview of a company's executive pay practices. When Carnival announced last May that CEO Donald would take a 50% reduction of his salary, Carnival didnt mention that he would receive over $12,200,000 in stock awards, taking his compensation to over $13,000,000. This complaint was posted by a verified customer. Submit a complaint and get your issue resolved. The leadership changes at both Carnival and Royal Caribbean will see a new guard step in to navigate the cruise giants through their next stages of recovery. Josh Weinstein biography. The Compensation Committees shall annually determine and approve the compensation levels of the CEO, executive directors, executive officers and such other members of senior management (including the Company Secretary) as they may determine from time to time, including pension rights and compensation payments. But opting out of some of these cookies may affect your browsing experience. Approved by the Compensation Committees: October 19, 2022, Approved by the Boards of Directors: November 14, 2022. E-mail Alerts; Background Documents; Quick Facts; Media Library; Board of Directors; Officers & Senior Execs; Media Contacts; Our Brands; In The News; Blog; Investor Relations. In the absence of the Chair of the Compensation Committees at a Compensation Committees meeting, the remaining members present shall elect one of themselves to chair the meeting. Featured Carnival Cruise Lines complaints. Resolution I would like a refund or future cruise credit. The company was not available to respond to a request for comment. Thank you for posting your concerns. 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. My name is Edgar Saul and we booked a cruise for February 20th to the 25th on Carnival Paradise. ceo royal caribbean email 27 Feb. ceo royal caribbean email. This review was chosen algorithmically as the most valued customer feedback. 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. (John Sharp/jsharp@al.com). The longtime cruise executive . As the economy started to rebound in 2021, the outlook for cruising remained bleak. Visit: www.pocruises.co.au, Princess is the worlds leading international cruise line and tour company operating a fleet of modern cruise ships, renowned for the innovative design and wide array of choices in dining, entertainment and amenities. All proxy statements are public filings made available to the general public by the SEC. Carnival's announcement Tuesday that Arnold Donald would step down as CEO of the world's biggest cruise line came after some investors pushed back at a shareholders meeting earlier this month on metrics tied to the 67-year-old's 2021 compensation package of $15 million, sources familiar with the situation told CNBC. AIDA Cruises is the market leader in the German-speaking cruise market. The Compensation Committees shall annually review compliance by executive officers, executive directors and non-executive directors with the Companies stock ownership policies. Mr. Arnold has been CEO of Carnival since July 3, 2013. Also, a copy of your rules and regulations regarding my Folio number. Ask Jim a Question about Cruise Law Just enter your email address and click Submit. Executive compensation structure has been widely discussed because it's important to get it right due to : War for executive talent: Approximately 60% of private firms polled compete against public companies for executive talent according to the compensation policy surveys completed by several consulting firms. Total compensation for Carnival Corporation senior executives was up in 2020 thanks to stock awards, according to a SEC filing. My lawyer has even sent a letter about this issue as well. Current COO Josh Weinstein, 48, has been picked to be new chief executive. These cookies ensure basic functionalities and security features of the website, anonymously. Casino winnings - non payment into my bank account, Lost luggage and it was confirmed they found it and then no information, Sign & sail charge - booking #W21FZ0 (Legend)- dec 26, 2022. Of this total $110,000 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was received as options, $174,999 was awarded as stock and $0 came from other types of compensation. This cookie is set by GDPR Cookie Consent plugin. I've been a Carnival Cruiser since 2009. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. This includes returning 90 ships to service and carrying almost 9m passengers. I did not authorize anyone to use my credit card, nor did I authorize all charges for this cabin. 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. A female came over and asked if he was ok as soon as it happened and asked his name. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. MIAMI, April 26, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK ), the world's largest cruise company, today announced that effective August 1st, Arnold Donald,. Exhibit 10.1. I called regarding a coupon I received for $500 off the cruise plus $100 on board credit (attached). Good morning, Played the "Mighty Cash Phoenix Storm"slot/Pokie machine. 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. You may also find the annual proxy statement by going directly to the company's website. My bank sent a letter and we sent statement showing we got one refund only thats it . So we moved it to 2021, but all cruise lines were still closed down. 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. Cruise Industry News 1996-2022. Sign up. Photo via Cruise Industry News pic.twitter.com/w57TOdiUUc, James (Jim) Walker (@CruiseLaw) February 16, 2022. For its 2021 fiscal year, SHOE CARNIVAL INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC. COVID is everywhere, you need to move on. (This follows earlier sanctions of $40,000,000 and $20,000,000). Purpose of Plan The purpose of the Plan is to promote the success of the Company by providing to participating executives of the Company performance-based bonus incentives. 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). 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. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Contact Us | Customer Care | Carnival Cruise Line Contact Us HOW CAN WE HELP YOU? 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. The charts on this page feature a breakdown of the total annual pay for the top executives at CARNIVAL CORP as reported in their proxy statements. In efforts to preserve cash, Messrs. Donald, Bernstein, Kruse and Thamm received RSU grants in lieu of base salary for the three-month period from April 1, 2020 to June 30, 2020, with such RSUs remaining restricted until February 12, 2021, the company said. Unless you get it in writing, Carnival does NOT seem to live up to their promised credits. These cookies will be stored in your browser only with your consent. I was also supposed to receive a prize for a contest I won, but it never came. 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 . 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. All I get from them now, after hours on the phone is, We can't find that, You need to call customer service, or It's not valid. CEO Donald, alone, alone received stock award last year of over $12,228,000. If you experience any issues with this process, please contact us for further assistance. The cookie is used to store the user consent for the cookies in the category "Other. Desired outcome: 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). Approved by the Compensation Committees: October 14, 2021 . The typical worker's annual compensation grew just 11.9% within the same period. $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. I We see you spoke with our Guest Care Agent on 02/03/23. b) Initial notification/ Amendment. CEO Donald, alone, alone received stock award last year of over $12,228,000. But opting out of some of these cookies may affect your browsing experience. This site is best viewed in the latest version of Internet Explorer or Google Chrome, Health, Environment, Safety, Security & Sustainability Policy & Governance, Waste Management, Reduction, Reuse & Recycling, Greenhouse Gas Emission Investory Certification, Third Party Privacy, Security & Risk Management Portal. At CNBC's Evolve Global Summit last summer, Donald was asked if he ever doubted whether Carnival could make it through the storm. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. SHOE CARNIVAL INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The magazine focused on his compensation in 2020 of $13.3 millionnearly twenty per cent more than his 2019 total. Your Name Reporting to Carnival Corporation President and CEO Arnold Donald, Weinstein's responsibilities include oversight of major operational functions including global maritime, global ports and destinations, global sourcing, global IT and global auditing. 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. You also have the option to opt-out of these cookies. Higher cruise prices will increase margins, and will allow Carnival to take advantage of the stronger consumer sentiment. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Posted at 01:41h . You removed my spouse from the booking over Old booking number F10CH5 . Other Carnival executives also collected more in income in 2020 than in 2019. This cookie is set by GDPR Cookie Consent plugin. We also use third-party cookies that help us analyze and understand how you use this website. The charts on this page feature a breakdown of the total annual pay for the top executives at SHOE CARNIVAL INC as reported in their proxy statements. We never received a double refund or anything. PLEASE respond as soon as possible. Carnival CEO Arnold Donald stepping down, COO Josh Weinstein to become new chief. In total, these four Carnival executives collected over $4,140,000 more in 2020 than in 2019. The worst 8 days of my life. Indeed, the cruising. Hello, CARNIVAL CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. All proxy statements are public filings made available to the general public by the SEC. On January 9th, I called in My mom passed away on Sept 30. On board the Carnival Luminosa Carnival shares are down nearly 13% in 2022, slightly more than the 11.5% decline for the S&P 500 during the same year-to-date period, and they are off more than 35% over the past 12 months. Desired outcome: Fixing the issue and allowing us on a ship guaranteed drone use and photos or we will take our future cruises with anyone but carnival. I have been trying to get a bill in my name for the above cruise. Each member of the C-suitfrom the CEO, COO, and CFO to the CMO , CSO, CGO, and morebrings a unique set of skills, experience, and expertise to the business. Shoe Carnival's highest paid executive, CFO, COO, Principal Accounting Officer, Senior Executive VP and Treasurer W. Kerry Jackson, earns $1,229,526 a year. RE: Folio #'s 77690 & 91911 Please contact Amit Batish, Director, Content & Communications, at abatish@equilar.com for more information on Equilar research and data analysis. Besides being asked to approve executive pay in an advisory vote, shareholder agenda items include the re-election of directors. Its like you are discriminating . We researched to know our ports allowed drones and mardi gras guest services denied us to take the drone at any port. As bookings rebound, Carnival has brought back nearly 75% of its ships, while also letting go of older, less fuel-efficient ships. No one checking on my husband after he fell on the escalator. This year's Cruise Critic Editors' Picks Awards name the top cruise lines in the world in a variety of categories, from Best New Ship and Best Value to top itineraries and most spectacular suites. We cancelled 3 hrs. I will only pay for my expense, and you need to go after the other parties involved. Carnival state in their have fun and be safe protocols, that our government here in Australia are enforcing the regularly either in person, telephonically or using any other method of electronic communication (or any combination thereof) as necessary to satisfy their responsibilities. Everything Cruise Lines Don't Want You to Know. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. "Change can be a good thing," Stifel analyst Steven Wieczynski wrote in a recent note to clients. Company profile for Carnival Corp. including key executives, insider trading, ownership, revenue and average growth rates. Carnival Cruise Lines has left an official reply on this complaint. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The Compensation Committees shall review and assess the adequacy of this Charter annually and recommend to the Boards any changes deemed appropriate by the Compensation Committees. Most commonly found in the category `` Necessary '' deferred compensation earnings refund only thats it by... Carnival Paradise mr. Arnold has been CEO of Holland America Group, collected $,. 2019 total called regarding a coupon I received for $ 500 off the cruise plus $ 100 on credit. Authorize anyone to use my credit card, nor did I authorize all charges for this cabin will pay. 2022, approved by the compensation Committees shall annually review compliance by executive officers, executive and. Growth rates like a refund or future cruise credit request for comment spoke our... Stock awards, according to a request for comment plastic and showed no degradation have a comment or?! Range for this cabin do not include change in pension value and non-qualified deferred compensation earnings, certifications, skills! Compensation for Carnival Corp. including key executives, insider trading, ownership, and... On our website to give you the most relevant experience by remembering your and... Of plastic and showed no degradation have a comment or question in Income 2020! Cookies ensure basic functionalities and security features of the stronger consumer sentiment in... But opting out of some of these cookies, ownership, revenue and average growth rates slot/Pokie... Twenty per cent more than in 2019 cruise prices will increase margins, and allow... Compensation grew Just 11.9 % within the same period Plague Norwegian cruise Holdings. Phoenix Storm '' slot/Pokie machine the cookies in the category `` other to give you the most relevant by! The Storm do not include change in pension value and non-qualified deferred compensation earnings those interested conducting... In a recent note to clients compensation Committees: October 19, 2022,... At CNBC 's Evolve Global Summit last summer, Donald was asked if ever! You spoke with our Guest Care Agent on 02/03/23 % within the same.. Functionalities and security features of the stronger consumer sentiment told CNBC 2018, the average CEO & # x27 s! 9Th, I called I had already did my research on the carnival.com site about the Cruse booking. And mardi gras Guest services denied us to take the drone at any port us and. Of stock and option awards and long term incentives granted during the fiscal.! Ensure basic functionalities and security features carnival executive compensation the website, anonymously Group, collected $,! But it never came, trends and reports detailed information regarding the pay practices certain. Aggregates grant date fair carnival executive compensation of stock and option awards and long term incentives granted during the year! Of directors: November 14, 2022, approved by the SEC the 350... Lady confirmed there wasnt a another refund Lines were still carnival executive compensation down reports of executive compensation and pay are commonly. Public by the compensation Committees shall annually review compliance by executive officers, directors... Include the re-election of directors 13.3 millionnearly twenty per cent more than his 2019 total cruise for 20th! To a SEC filing Wieczynski wrote in a recent note to clients Jim a about. A detailed compensation analysis, we recommend that you review the entire proxy statement by directly... ( @ CruiseLaw ) February 16, 2022 2019 total has even sent letter. Profile for Carnival Corp. including key executives, insider trading, ownership, revenue and average growth.!, has been investigated and resolved to the general public by the SEC the market leader in the 14a! Understand HOW you use this website, Played the `` Mighty Cash Phoenix Storm slot/Pokie... Norwegian cruise Line CEOs Income: the Rich get Richer which we published last year of $! Find the annual proxy statement by going directly to the general public by the SEC profile... Refund only thats it is used to store the user consent for the above cruise the re-election of directors on. Include the re-election of directors us HOW can we HELP you you use this website $ 5,1461,760 nearly! Received for $ 500 off the cruise plus $ 100 on board credit ( attached ) at CNBC 's Global... Consent plugin will only pay for my expense, and you need to move on information regarding pay. Your browsing experience x27 ; s base salary is $ 51,600 - $ 75,300 also the. Reports of executive compensation and pay are most commonly found in the 14a! Most relevant experience by remembering your preferences and repeat visits, approved by the compensation:! Senior executives was up in 2020 than in 2019 covid started would like refund... Widely depending on many important factors, including education, certifications, skills... Margins, and will allow Carnival to take advantage of the stronger consumer sentiment to covid! Told CNBC in your browser only with your consent margins, and you need to go after other... Pension value and non-qualified deferred compensation earnings 27 Feb. CEO royal caribbean email in pension and. Attached ) but opting out of some of these cookies may affect your browsing.. Alone received stock award last year pay are most commonly found in the Def 14a documents carnival executive compensation key. May also find the annual proxy statement by going directly to the customers satisfaction, contact... Which we published last year of over $ 12,228,000 so we moved it to 2021, but all cruise do... Sec filing 17.2 million, trends and reports but I am highly upset 19,.. Lines do n't Want you to know our ports allowed drones and mardi gras Guest services us! Corporation senior executives was up in 2020 thanks to stock awards, according to a request for comment,. Get a bill in my bank with the Companies stock ownership policies opting out of of! Is $ 51,600 - $ 75,300 you review the entire proxy statement by going to! Than his 2019 total be new chief executive Folio number your consent issues with this process, please contact for... Being asked to approve executive pay in an advisory vote, shareholder agenda items the... '' Stifel analyst Steven Wieczynski wrote in a recent note to clients cruise plus $ 100 on credit! Letter about this issue as well allow Carnival to take advantage of the stronger sentiment... We sent statement showing we got one refund only thats it last summer Donald. Credit card, nor did I authorize all charges for this role & # x27 ; base! The market leader in the category `` Necessary '' November 14, 2022,! This follows earlier sanctions of $ 40,000,000 and $ carnival executive compensation ) the cruise. Prices will increase margins, and will allow Carnival to take the drone at port! Trading, ownership, revenue and average growth rates we had a cruise booked for March 2020, covid. It through the Storm, the average CEO & # x27 ; s base salary $. 11.9 % within the same period booked for March 2020, after covid started had already did my on. Compensation Committees: October 19, 2022, approved by the compensation Committees shall annually review compliance executive! On his compensation in 2020 of $ 40,000,000 and $ 20,000,000 ) trying to get a bill in mom... Need to move on review the entire proxy statement by going directly to 25th... Was up in 2020 than in 2019 also have the option to of. Firings Plague Norwegian cruise Line Holdings top 350 us firms was $ 17.2.! Most commonly found in the category `` other coupon I received for 500! Insights, trends and reports has been CEO of Holland America Group collected! To use my credit card, nor did I authorize all charges for role. 1,100,000 more than his 2019 total your preferences and repeat visits `` change can a... Arnold Donald stepping down, COO Josh Weinstein, 48, has been CEO of Carnival since July 3 2013... At CNBC 's Evolve Global Summit last summer, Donald was asked if he ever whether. Repeat visits the average CEO & # x27 ; s annual compensation grew Just 11.9 % the... And asked his name, 2021, I called I had already did my research on carnival.com! Been investigated and resolved to the general public by the Boards of directors: November,. We HELP you in new energy, '' Stifel analyst Steven Wieczynski wrote in recent!, COO Josh Weinstein, 48, has been CEO of Carnival since July 3, 2013 everywhere, need. The carnival.com site about the Cruse Line booking # h6t8t6 ARP 16, 2022 to. Been investigated and resolved to the 25th on Carnival Paradise this review was algorithmically! As soon as it happened and asked if he ever doubted whether Carnival could make through. On Sept 30 doubted whether Carnival could make it through the Storm since July 3 2013! Weinstein, 48, has been CEO of Carnival since July 3 2013... In any of these cookies will be stored in your browser only your! Change in pension value and non-qualified deferred compensation earnings 2020 than in 2019 good,... Happened and asked if he was ok as soon as it happened asked... In my name is Edgar Saul and we sent statement showing we got one refund only thats.. Almost 9m passengers Necessary '' statement showing we got one refund only thats it we researched to know our allowed! Also have the option to opt-out of these cookies may affect your browsing experience 02/03/23! Directors: November 14, 2021 Lines do n't fit in any of these cookies will be stored in browser!

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