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Cruise Lines Top paid CEOs salaries for 2015

Submitted by kgnadmin on

Ever wonder how much the salaries of CEOs of the major cruise lines are? I bet you think that biggest salaries have the CEOs of Carnival Cruise Lines and Royal Caribbean (world’s largest cruise lines). According to Bloomberg the biggest compensation for 2015 was payed to the Norwegian cruise line CEO Frank J. Del Rio of staggering $31.9 million. This is quite enormous sum of money considering that in 2014 his compensation was only $2.1 million.

Richard Fain, Royal Caribbean CEO hold the second place, finishing the year with $9.4 million in compensation, bonuses and stock awards. His compensation paycheck for 2014 was $12 million.

Carnival Corporation and Carnival plc Chief Executive Officer and President, Arnold W. Donald, cashed $9,373,908 in total compensations in 2015.

Holland America Line Inc. Stein Kruse has been HAL Chief Executive Officer since December 1, 2013. Mr. Kruse total compensation in salaries and bonuses for 2015 was $4,001,725.

Oceania Cruises and Regent Seven Seas Cruises CEO, Jason Montague, paycheck for 2015 was $3.4milion.

Costa Crociere S.P.A. Chief Executive Officer Mr. Michael Olaf Thamm finished the fiscal year 2015 with total compensation of $3,393,80. He has been with Carnival Corporation as Chief Executive Officer of The Costa Group at Carnival plc since July 2012.

Comparison with the crew member salary

So let’s compare NCL CEO paycheck of $31.9 million with a cruise ship waiter average monthly salary of $3000. It will take 10.633 months or 886 years to reach a $31.9 million yearly compensation of his CEO or by the end of the year 2902.

Royal Caribbean CEO yearly compensation of $12 million compared with utility cleaner monthly salary of $650. It will take 19.846 months or 1653 years to reach the $12 million yearly compensation of his CEO or by the year 3669.