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Finance chief Jason Liberty will takeover as CEO, said the company, which is slowly rebounding after the coronavirus pandemic forced cruising companies to pause operations for nearly 18 months.
Fain said “it was the right time to step down” with most of the company’s ships operating and the group nearing a full return to cruising.
The company added that Fain would continue to work with Liberty, who joined Royal Caribbean (NYSE:RCL) in 2005 and took up the role of chief financial officer in 2013.
