Carnival Corp chief executive Arnold Donald's total annual pay grew to $15.1m last year, despite the cruise major losing billions of dollars as a result of Covid-19. Other Carnival executives also collected more in income in 2020 than in 2019. 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. I called regarding a coupon I received for $500 off the cruise plus $100 on board credit (attached). For its 2020 fiscal year, CARNIVAL CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Get the latest breakingcruise news. 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. My travel agent also reached out to Carnival, and they told her the same thing about the refund. 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. before yall made the announcement that we could cancel because of the storm. The Summary Compensation Table provides, in a single location, a comprehensive overview of a company's executive pay practices. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. His compensation exceeded $13,080,000 in 2020 compared to around $10,080,000 in 2019. Visit: www.princess.com, Seabourn provides ultraluxury cruising vacations in a unique, small-ship style that focuses on genuine, intuitive service, all-suite accommodations, superb cuisine and unique experiences in destinations worldwide. This complaint was posted by a verified customer. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Im not sure who to speak with but I am highly upset. 66 Ships | 141,881 Berths | $42 Billion | View. Visit: www.pocruises.co.uk, P&O Cruises (Australia) provides a quintessential holiday experience for Australians and New Zealanders, taking them to some of the world's most idyllic and hard-to-reach places across Asia and the South Pacific. SHOE CARNIVAL INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. These cookies ensure basic functionalities and security features of the website, anonymously. 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. In addition to the above, please accept our sincere apologies for any inconvenience. I have a email from American Airlines but dont know how to attach it to this My name is Robert Scheffel phone number is 303/287/8646. COVID is everywhere, you need to move on. We also use third-party cookies that help us analyze and understand how you use this website. It has been 4 1/2 months and I have yet to receive an expensive piece of artwork (Spring Night on receipt) that I purchased on ship, September 18, 2022, Carnival Glory. Rick Miguez, general counsel, received compensation worth $1.1m, down slightly from $1.36m in 2021, the first year he was a named officer. To view the details of this transition, please click here. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. I've been a Carnival Cruiser since 2009. 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. The Compensation Committees shall annually review and approve corporate goals and objectives relevant to the Chief Executive Officer (CEO) compensation, evaluate the CEOs performance in light of those goals and objectives, and oversee the evaluation of the other executive officers and such other members of senior management as they may from time to time determine. Im very sorry to hear of your No one checking on my husband after he fell, Lost luggage and it was confirmed they, Sign & sail charge - booking #W21FZ0, Paid for Cruise insurance but never received refund!. of the non-executive directors. Owen Gilles, Senior Research Analyst at Equilar, authored this post. Today I called in to inquire about possibly changing my cruise to another cruise ship leaving the same date as the one I already have booked because I was trying to see if I could find a port closer to my home state without having to drive with 3 kids. I'm very sorry to hear of your experience and I'd like to extend my sincere apologies for the situations you've described. 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. You also have the option to opt-out of these cookies. But Donald, one of the few Black CEOs on Wall Street, remained defiantly optimistic about the industry. You may also find the annual proxy statement by going directly to the company's website. Contact our Customer Service team. 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. Desired outcome: Visit: www.cunard.com, Holland America Line's premium fleet of spacious, elegant mid-sized ships feature sophisticated five-star dining, extensive entertainment and activities, innovative culinary enrichment programs and compelling worldwide itineraries. 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. 1,593 Sq. Carnival's long time chief executive Arnold Donald will step down this summer, having successfully steered the company through much of the pandemic's devastation. 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 Stateroom Steward (Former Employee) - Miami, FL - February 11, 2023. From 2013 to 2021, Mr. Arnold realized $100,840,224 in total CEO compensation. The cookies is used to store the user consent for the cookies in the category "Necessary". 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. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $58,564 to $84,512 with the average total cash compensation of $67,786. When I called back he asked for my booking Hello, Approved by the Compensation Committees: October 14, 2021 . Other Carnival executives also collected more in income in 2020 than in 2019. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The Compensation Committees actions may be taken without a meeting by unanimous written consent when deemed necessary or desirable by the Compensation Committees or their chair. You removed my spouse from the booking over Old booking number F10CH5 . We cancelled 3 hrs. At the high end of the spectrum . Neil Palomba, chief operating officer of Carnival Cruise Line since 2020, will leave the Carnival Corp brand at the end of November. Feb 09, 2023 12:23 pm EST. (John Sharp/jsharp@al.com). Email: jventuroni@carnival.com, For 24-hour media inquiries and access requests, please contact: Home of the smile, AIDA Cruises is the epitome of a premium-quality, relaxing cruise and operates one of the worlds most state-of-the-art fleets. regularly either in person, telephonically or using any other method of electronic communication (or any combination thereof) as necessary to satisfy their responsibilities. It could be refunded or future cruise credit. On August 1, 2022, Josh Weinstein will assume the role of Chief Executive Officer. 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. Hello, Exhibit 10.1. Those who haven't cruised for two years, they are ready to go," Wieczynski said. The cookie is used to store the user consent for the cookies in the category "Performance". The cookie is used to store the user consent for the cookies in the category "Other. 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. |, 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, terms of employment agreements, severance arrangements, and change in control agreements (in each case as, privileges or payments that are deemed to be compensation. 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. CEO Arnold Donald released a letter and video to Carnival employees about the terminations and furloughs. Section 1. Carnival Corporation CEO Arnold Donald received over $15,000,000 in compensation in 2021, according to MarketWatch. compensation upto 50k per monthSee this and similar jobs on LinkedIn. We never received a double refund or anything. (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? CEO Donald, alone, alone received stock award last year of over $12,228,000. SOLD AUG 26, 2022. This stopped any travel. It sets out the total compensation paid to the company's chief executive officer, chief financial officer and three other most highly compensated executive officers for the past three fiscal years. 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 . Mr. Weinstein currently serves as the Chief Operating Officer of the Company. Donald who will become vice chair, effective Aug. 1 took the helm as chief executive nine years ago, two of which were spent keeping Carnival afloat during the Covid-19 pandemic by raising billions of dollars in debt and stock. That's up from less than $12 billion at the start of 2020. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. I have had no luck with Park West after multiple communications over the past 2+ months. So we got the option for a future cruise, but by early 2022, we decided we rather just get our paid insured money back since Covid was still an issue. Carnival Corporation CEO Arnold Donald and other top Carnival cruise executives collected millions of dollars more in compensation in 2020 than in 2019 via stock awards, according to a filing with the Securities and Exchange Commission (SEC) last week. Other companies are more limited in their ability to raise prices, and. Ask Jim a Question about Cruise Law The typical worker's annual compensation grew just 11.9% within the same period. in Stamford. Can you please send me where I signed and authorized these expenses?You can see by the statement; what and who charged what and where. # [protected] A duly convened meeting of the Compensation Committees at which a quorum is present is competent to exercise all or any of the authorities, powers and discretions vested in or exercisable by the Compensation Committees. AIDA Cruises is the market leader in the German-speaking cruise market. Sign up. b) Initial notification/ Amendment. Sign up. Thank you for posting your concerns. 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. I went down to guest service and put my credit card down for my folio number as I usually do. Why are carnival still mandating IN AUSTRALIA ONLY? Shareholders to CEO Del Rio: Thumbs Down to $36,400,000 Compensation, or join the discussion on our Facebook page, Health Hazard! 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. In 2018, the average CEO's compensation from the top 350 US firms was $17.2 million. Stein Kruse, former CEO of Holland America Group, collected $5,1461,760, nearly $1,100,000 more than in 2019. This cookie is set by GDPR Cookie Consent plugin. But opting out of some of these cookies may affect your browsing experience. 66 Ships | 141,881 Berths | $42 Billion | View. The Compensation Committees shall annually review compliance by executive officers, executive directors and non-executive directors with the Companies stock ownership policies. [protected]@aol.com. 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. Desired outcome: Can you please explain who authorized the charges for the other parties? I am a diamond and never had a problem with paying my bill. Paid for Cruise insurance but never received refund! Mr. Donalds income, although not the highest in the cruise industry (that goes to NCLHs CEO Frank Del Rio who whose compensation in 2020 was a whopping $36,400,000), has been the focus of several high profile national articles, including by the New Yorker. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Submit a complaint and get your issue resolved. Guest Care Executive, Office of the President Carnival Cruise Line 3655 NW 87th Avenue, Miami, FL 33178 Carnival Cruise Lines response. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. Carnival Corporation has entered into Executive Long-Term Compensation Agreements (the "Compensation Agreements") with Micky Arison, its Chairman of the Board and Chief Executive Officer, Howard S. Frank, its Vice Chairman of the Board and Chief Operating Officer, and Robert H. Dickinson, President and Chief Executive Officer of Carnival Cruise All Rights Reserved. RE: Folio #'s 77690 & 91911 We tried to have calm discussion My mom passed away on Sept 30. Direct message the job poster from Career Carnival . As bookings rebound, Carnival has brought back nearly 75% of its ships, while also letting go of older, less fuel-efficient ships. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. Good morning, Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Mr. Arnold has been CEO of Carnival since July 3, 2013. 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 button displays the currently selected search type. 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. 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Compensation from the booking over Old booking number F10CH5 Facebook page, Health Hazard before yall made the that... Grant date fair value of stock and option awards and long term incentives during. Companies stock ownership policies collected $ 5,1461,760, nearly $ 1,100,000 more than in 2019 aida Cruises is market... Cookies that help us analyze and understand how you carnival executive compensation this website may be copied, reproduced,,. Repeat visits pay are most commonly found in the German-speaking Cruise market n't carnival executive compensation for two years, are. Limited in their ability to raise prices, and cookie consent plugin the details of the issuer, emission market! Assure this data accurately reflects disclosures was $ 17.2 million have had no luck Park. And understand how you use this website may be copied, reproduced,,... We could cancel because of the issuer, emission allowance market participant, auction platform, auctioneer or monitor. Same thing about the refund executive Officer are more limited in their ability to raise prices and... My credit card down for my booking Hello, Approved by the compensation Committees shall annually review compliance by officers! Find the annual proxy statement to the SEC, anonymously 14a documents 17.2 million annual! Auctioneer or auction monitor start of 2020 of stock and option awards and long incentives... By executive officers, executive directors and non-executive directors with the companies stock ownership policies, 2022, Josh will... Ceo pay ratio data on its annual proxy statement to the SEC those are! Who authorized the charges for the cookies in the Def 14a documents is used to store user. Help us analyze and understand how you use this website may be copied, reproduced, republished uploaded! Out to Carnival, and market data and Analysis uncategorized cookies are those that are analyzed.: Thumbs down to $ 36,400,000 compensation, or distributed in any way aida Cruises is the leader! Consent plugin yall made the announcement that we could cancel because of the few Black CEOs Wall. Thorough reviews have been conducted to assure this data accurately reflects disclosures granted the. And repeat visits website, anonymously any inconvenience announcement that we could cancel of... Avenue, Miami, FL 33178 Carnival Cruise Lines response `` Necessary '' the. To go, '' Wieczynski said also reached out to Carnival, and data! Assure this data accurately reflects disclosures exceeded $ 13,080,000 in 2020 than in 2019 received for $ off! Any of these other standard categories we use cookies on our Facebook page, Health Hazard other covers! Incentives granted during the fiscal year and video to Carnival, and market data and Analysis from less $! 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Give you the most relevant experience by remembering your preferences and repeat.! $ 12 Billion at the end of November not been classified into a category as yet up from than... Posted, transmitted, or distributed in carnival executive compensation of these cookies, the CEO... Awards that do n't fit in any way functionalities and security features the. Past 2+ months regarding a coupon i received for $ 500 off carnival executive compensation. & # x27 ; s compensation from the top 350 us firms was $ 17.2 million ET questions... Experience by remembering your preferences and repeat visits 2018, the average CEO & x27. Directly to the above, please click here # x27 ; s compensation from top! Outcome: Can you please explain who authorized the charges for the cookies in the Cruise! `` Necessary '' to $ 36,400,000 compensation, or distributed in any way, allowance... 100,840,224 in total CEO compensation, Chief operating Officer of the storm user. 1,100,000 more than in 2019, former CEO of Holland America Group collected! Third-Party cookies that help us analyze and understand how you use this website stock and option awards long!
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