After close to four decades in the role, Richard Fain will step down as Chair of Royal Caribbean Group in Q4 2025, with President and CEO Jason Liberty elected to take it on in his stead.

The launch of Celebrity River Cruises is a strategic move by Royal Caribbean Group (RCG) to keep customers within its expansive ecosystem while elevating the river cruise experience, according to President and CEO Jason Liberty.

Cruise Lines International Association (CLIA)’s Board of Directors has named Royal Caribbean Group President and CEO Jason Liberty as Chairman. Liberty succeeds Pierfrancesco Vago, Executive Chairman of MSC Cruises S.A. who served in the role since January 2021.

Cruise industry leader Richard Fain will relinquish his title of CEO of Royal Caribbean Group in January 2022, after more than 33 years with the company.