Royal Caribbean Cruises Ltd. announced that Chief Financial Officer (CFO) Luis Leon will retire from the company, and that Executive Vice President Brian Rice will succeed
him as CFO.
Leon has been the company CFO since 2003, when he joined the company.
He will assist in the transition, which is expected to be completed before
the end of 2006.
Incoming CFO, Brian Rice, has an extensive background in financial
operations and revenue-performance management. He is widely recognized as a
leader in revenue management, having overseen the conceptual development
and implementation of the company's highly regarded revenue-management
systems and procedures. He also designed many of the company's
financial-management models, and led numerous operational and financial
initiatives. Rice will be the fourth CFO in Royal Caribbean's 35-year
history.