Royal Caribbean Group appoints Amy C. McPherson to Board of Directors

Rhea-AI Summary

Royal Caribbean Group (NYSE: RCL) has appointed Amy C. McPherson to its Board of Directors, effective December 21, 2020. McPherson, former president and managing director for Europe at Marriott International, brings over 30 years of experience in the travel industry. Her expertise is expected to enhance the board's capabilities in international market development. Chairman and CEO Richard D. Fain expressed confidence in her ability to contribute significantly. Royal Caribbean Group operates four brands and has a total of 61 ships, with an additional 15 on order as of December 21, 2020.

Positive

• Amy C. McPherson's extensive experience in the travel industry may provide valuable insights and fresh perspectives to the board.
• Her background in international markets can potentially enhance Royal Caribbean's global strategy.

Negative

• Concerns about continuity due to management changes may arise among investors.
• Potential gaps in experience related to the cruise industry specifically.

MIAMI, Dec. 23, 2020 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today announced the appointment of Amy C. McPherson, former president and managing director of Europe for Marriott International, to its Board of Directors. Her appointment was effective as of December 21, 2020.

"I am honored to welcome Amy to our board of directors," said Richard D. Fain, Royal Caribbean Group's chairman and CEO. "Her many years of involvement in the growth of the travel industry, as well as her deep experience in the development of international markets, will be a valuable addition to the board."

McPherson spent more than 30 years in leadership roles at Marriott International, including 10 years of service as the company's president and managing director of Europe, until her retirement in 2019.  While at Marriott, she was recognized as one of 25 outstanding "Women Who Mean Business" by the Washington Business Journal.

Ms. McPherson is former Vice Chair of the Executive Advisory Council at James Madison University College of Business. Currently, she is a principal investor in KidsKnowBest, a full-service creative agency providing strong brand solutions for the social age powered by kids.

About Royal Caribbean GroupRoyal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a cruise vacation company that owns four global brands: Royal Caribbean International, Celebrity Cruises, Azamara and Silversea.  Royal Caribbean Group is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, our brands operate 61 ships with an additional 15 on order as of December 21, 2020.  Learn more at www.rclcorporate.com or www.rclinvestor.com.

View original content:http://www.prnewswire.com/news-releases/royal-caribbean-group-appoints-amy-c-mcpherson-to-board-of-directors-301197922.html

SOURCE Royal Caribbean Group

FAQ

Who is Amy C. McPherson appointed to the Royal Caribbean Group board?

Amy C. McPherson is the former president and managing director for Europe at Marriott International, appointed effective December 21, 2020.

What experience does Amy C. McPherson bring to Royal Caribbean Group?

She has over 30 years of experience in the travel industry, focusing on international market development.

What is the significance of Amy McPherson's appointment for RCL shareholders?

Her expertise in the travel sector could lead to improved strategic decisions and enhanced global market presence.

When was the appointment of Amy C. McPherson to the board announced?

The appointment was announced on December 23, 2020.