Multi-Billion dollar corporation donates paltry sum to charity
on behalf of Katherine Louise Calder, foster mother to over 400 children. They could have easily afforded several hundred thousand dollars, especially based on all of the free publicity they will get. Royal Caribbean International Announce Godmother for Freedom of the Seas.
Maybe they should donate several million dollars to charities serving the children and families of their crewmembers, most of whom continue to live in poverty because of the low wages paid by the cruise company:
See floridatoday.com January 31, 2006
Royal Caribbean reported their second consecurtive year of record earnings with net income of $716.0 million, or $3.26 per share, on revenues of $4.9 billion for 2005, compared to net income of $474.7 million, or $2.26 per share, on revenues of $4.6 billion for 2004.
http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=rcl&script=410&layout=9&item_id=811875
On February 6, 2006, the Compensation Committee of the RCCL Board of Directors determined the 2005 annual bonus amounts for our "named executive officers" based on the Company’s 2005 results measured against previously established performance goals. The 2005 annual bonus amounts for our named executive officers are as follows: Mr. Richard D. Fain, $2,744,610, Mr. Luis E. Leon, $979,997, Mr. Adam M. Goldstein, $897,356, Mr. Daniel J. Hanrahan, $568,901 and Mr. Brian J. Rice, $548,384.
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