Tumescent Hyperbole: Royal Caribbean Gives Big Bonuses & Orders Largest Cruise Ship
Do they deserve large bonuses when they have not taken any actions to enhance safety and security procedures and prevent future tragedies for passengers and their families?
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.
Click here to view filings with SEC regarding stock options given in February 2006.
No Need to do it better when they can do it BIGGER:
CRUISE junkies can look forward to yet another record-busting megaliner, with Royal Caribbean planning a luxury passenger ship aptly titled Project Genesis. It will be so large it threatens to make the Titanic look like a dinghy. Plans for the new $1.45 billion vessel were announced yesterday, in defiance of an epidemic of disasters that has befallen cruise liners in recent years. (theaustralian.news.com)
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.
Click here to view filings with SEC regarding stock options given in February 2006.
No Need to do it better when they can do it BIGGER:
CRUISE junkies can look forward to yet another record-busting megaliner, with Royal Caribbean planning a luxury passenger ship aptly titled Project Genesis. It will be so large it threatens to make the Titanic look like a dinghy. Plans for the new $1.45 billion vessel were announced yesterday, in defiance of an epidemic of disasters that has befallen cruise liners in recent years. (theaustralian.news.com)
posted by Timalantoo | 2/11/2006 06:10:00 PM
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