Royal Caribbean Cruise Lines 2010 Annual Report Download - page 29

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2010 ANNUAL REPORT 26
PART I
income tax, operating qualifying ships, which are stra-
tegically and commercially managed in the United
Kingdom, and fulfilling a seafarer training requirement.
Failure to meet any of these requirements could cause
us to lose the benefit of the tonnage tax regime which
will have a material effect on our results of operations.
Relevant shipping profits include income from the
operation of qualifying ships and from shipping related
activities. Our United Kingdom income from non-
shipping activities which do not qualify under the
U.K. tonnage tax regime and which are not consid-
ered significant, remain subject to United Kingdom
corporate income tax.
STATE TAXATION
We, Celebrity Cruises Inc. and certain of our subsid-
iaries are subject to various United States state income
taxes which are generally imposed on each state’s
portion of the United States source income subject to
federal income taxes. Additionally, the state of Alaska
subjects an allocated portion of the total income of
companies doing business in Alaska and certain other
affiliated companies to Alaska corporate state income
taxes and also imposes a 33% tax on income from
onboard gambling activities conducted in Alaska
waters. This did not have a material impact to our
results of operations for all years presented.
OTHER TAXATION
We and certain of our subsidiaries are subject to
income tax in the United States or other jurisdictions
on income that does not qualify for exemption under
Section 883 or tonnage tax regimes. The tax on such
income was not material to our results of operations
for all years presented.
WEBSITE ACCESS TO REPORTS
We make available, free of charge, access to our
Annual Reports, all quarterly and current reports and
all amendments to those reports, as soon as reason-
ably practicable after such reports are electronically
filed with or furnished to the Securities and Exchange
Commission through our website at www.rclinvestor.com.
The information contained on our website is not a
part of any of these reports and is not incorporated
by reference herein.
EXECUTIVE OFFICERS OF THE COMPANY
As of February 24, 2011, our executive officers are:
Name Age Position
Richard D. Fain  Chairman, Chief Executive
Officer and Director
Adam M. Goldstein  President and
Chief Executive Officer,
Royal Caribbean International
Daniel J. Hanrahan  President and
Chief Executive Officer,
Celebrity Cruises
Gonzalo Chico Barbier  President and
Chief Executive Officer,
Pullmantur
Lawrence Pimentel  President and
Chief Executive Officer,
Azamara Club Cruises
Brian J. Rice  Executive Vice President and
Chief Financial Officer
Harri U. Kulovaara  Executive Vice President,
Maritime
Michael W. Bayley  Executive Vice President,
International
Richard D. Fain has served as a director since 1979
and as our Chairman and Chief Executive Officer
since 1988. Mr. Fain has been involved in the shipping
industry for over 30 years.
Adam M. Goldstein has served as President of Royal
Caribbean International since February 2005 and
as its President and Chief Executive Officer since
September 2007. Mr. Goldstein has been employed
with Royal Caribbean since 1988 in a variety of posi-
tions, including Executive Vice President, Brand
Operations of Royal Caribbean International, Senior
Vice President, Total Guest Satisfaction and Senior Vice
President, Marketing. Mr. Goldstein served as National
Chair of the United States Travel Association (formerly,
Travel Industry Association of America) in 2001.
Daniel J. Hanrahan has served as President of Celebrity
Cruises since February 2005 and as its President
and Chief Executive Officer since September 2007.
Mr. Hanrahan served as President and Chief Executive
Officer of Azamara Cruises until July 2009. From
1999 until February 2005, Mr. Hanrahan served
in a variety of positions with the Royal Caribbean
International brand, including Senior Vice President,
Sales and Marketing.
Gonzalo Chico Barbier has served as President and
Chief Executive Officer of Pullmantur since June
2008. From 1995 to June 2008, Mr. Chico served as
Executive President of TNT Spain, a division of TNT,
a global distribution, logistics and international mail
service company. From 1986 until 1995, Mr. Chico was
employed in a variety of positions with Ford Motor
Company in Spain and in the United Kingdom, includ-
ing Pan-European Fleet Business Manager of Ford of
Europe, Ltd.