UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
| (Exact Name of Registrant as Specified in Charter) | ||
Republic of |
||
| (State or Other Jurisdiction of Incorporation) |
|
(Commission File Number) |
(IRS Employer Identification No.) |
|||
|
(Address of Principal Executive Offices) |
(Zip Code) |
Registrant's telephone number, including area code:
Not Applicable |
||
| (Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) |
Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 15, 2023, the Board of Directors (the “Board”) of Royal Caribbean Cruises Ltd. (the “Company”) appointed Rebecca Yeung as a director of the Company.
Ms. Yeung has served in various positions at FedEx Corporation for nearly 30 years. She currently serves as Corporate VP, Operations Science and Advanced Technology. Prior to this role, she was Vice President – Advanced Technology and Innovation from 2015 to 2021. Ms. Yeung also currently serves on the board of directors of Columbus McKinnon.
Ms. Yeung will receive compensation for her board service consistent with the compensation of other non-management directors as described in the Company’s definitive proxy statement on Schedule 14A for the 2022 Annual Meeting of Shareholders, filed with the Securities and Exchange Commission on April 19, 2022.
Item 7.01 Regulation FD Disclosure.
On March 20, 2023, the Company issued a press release regarding Ms. Yeung’s appointment to the Board, a copy of which is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit 99.1 - Press release dated March 20, 2023. |
| Exhibit 104 - Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ROYAL CARIBBEAN CRUISES LTD. | |||
| Date: | March 20, 2023 | By: | /s/ R. Alexander Lake |
| Name: | R. Alexander Lake | ||
| Title: | Senior Vice President, Chief Legal Officer & Secretary | ||
Exhibit 99.1
FOR IMMEDIATE RELEASE
Royal Caribbean Group Appoints Rebecca Yeung to Board of Directors
MIAMI – March 20, 2023 – Today, Royal Caribbean Group (NYSE: RCL) announced the appointment of Rebecca Yeung, corporate vice president, operations science and advanced technology at FedEx Corporation (NYSE: FDX), to its Board of Directors, effective March 15, 2023.
“Ms. Yeung brings a valuable combination of skills to our board, as she is well-versed in technology, digitization and business strategy,” said Richard D. Fain, Chairman of the Board, Royal Caribbean Group.
“We’re excited to welcome Rebecca Yeung to the Board of Directors as we continue to deliver the world’s best vacations, responsibly,” said Jason Liberty, president and CEO, Royal Caribbean Group. “We believe her experience in technology, automation and innovation will be a valuable addition to the board as we usher in the next phases of our growth.”
Yeung has nearly 30 years of global experience in both strategy and operations technology. She joined FedEx Corporation – a global logistics company with a broad portfolio of transportation, e-commerce, and business services – in 1998 and has served in various marketing, innovation, and technology roles.
In her current role, Yeung is responsible for advancing FedEx’s innovation and transformation strategy, including scaling robotics and automation technology, autonomous vehicles, decision science, and electromobility. Prior to this role, she served as vice president, advanced technology & innovation at FedEx since 2015. Yeung also serves on the Board of Directors of Columbus McKinnon.
Yeung is a graduate of Fudan University in Shanghai, China, and has an MBA from the Robert H. Smith School of Business at the University of Maryland.
###
Investor Relations Contact:
Media Contact:
.
About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 64 ships traveling to approximately 1,000 destinations around the world. Royal Caribbean Group is the owner and operator of three award winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, the brands have an additional 10 ships on order as of December 31, 2022. Learn more at www.royalcaribbeangroup.com or www.rclinvestor.com.