Jason Cahilly
About Jason Glen Cahilly
Jason Glen Cahilly (age 54) is an independent non-executive director of Carnival Corporation & plc (dual-listed; includes CUK), serving on the Board since 2017. He brings more than 25 years of senior leadership and board experience, including CEO of Dragon Group LLC (2017–present), Chief Strategic & Financial Officer of the NBA (2013–2017), and Partner/Global Co-Head of Media & Telecommunications at Goldman Sachs (2000–2012). He currently serves on the Audit and Compensation Committees, with expertise spanning global strategy, finance, risk, TMT sectors, and governance . Board-wide: all directors attended over 75% of fiscal 2024 meetings, and the Audit Committee held eight meetings with full attendance by members then serving .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| National Basketball Association | Chief Strategic & Financial Officer | 2013–2017 | Senior leadership; strategic, financial oversight |
| Goldman Sachs & Co. | Partner; Global Co-Head, Media & Telecom; Head of Principal Investing for TMT; Co-Head, TMT Americas Financing Group | 2000–2012 | Capital markets, principal investing, sector expertise (TMT) |
External Roles
| Organization | Role | Tenure | Committees/Notes |
|---|---|---|---|
| Dragon Group LLC | Chief Executive Officer | 2017–present | Private firm; advisory/capital; CEO |
| Corsair Gaming, Inc. (public) | Director | 2018–present | Current public company directorship |
| NBA China | Director (prior) | 2013–2017 | Prior board service |
Board Governance
- Independence: Independent non-executive director; Board member since 2017; serves on Audit and Compensation Committees .
- Committee roles: Member (not Chair) of Audit and Compensation; FY2024 meetings: Audit (8; all members in attendance), Compensation (6) .
- Attendance and engagement: All directors attended over 75% of FY2024 meetings; independent directors participate in shareholder engagement as appropriate .
- Overboarding and independence safeguards: Director overboarding policy (max four public boards; lower for executives/chairs); all directors compliant . All members of Audit, Compensation, Compliance, HESS, and N&G Committees are independent .
- Stock ownership policy (NEDs): Required ownership equal to 5× cash retainer; directors in compliance or within 5-year accumulation period .
Fixed Compensation
Program structure (FY2024):
- Annual cash retainer: $110,000; Presiding Director add’l $50,000 (not applicable to Cahilly) .
- Committee Chair retainer: $30,000; Committee member retainer: $10,000 per committee (introduced Q2 2024) .
Director fees actuals:
| Metric | 2023 | 2024 |
|---|---|---|
| Fees (Cash) – Jason G. Cahilly ($000s) | 110 | 125 |
Notes: The increase in 2024 reflects the introduction of committee member retainers in Q2 2024 (Cahilly serves on two committees) .
Performance Compensation
Annual equity grant (Non-Executive Directors):
| Year | Grant Type | Grant Date | Shares Granted | Grant Value | Valuation Basis | Vesting/Release |
|---|---|---|---|---|---|---|
| 2024 | Restricted Shares (CCL) | Apr 8, 2024 | 12,141 | $195,000 | 10-day avg price $16.06 | Released Apr 2027; not forfeitable after 1 year of service |
| 2024 table value (reporting) | Restricted Shares (CCL) | Apr 8, 2024 | — | $190,000 | Closing price $15.66 on grant date (table reporting convention) | As above |
Company-wide policy notes (context):
- No stock options or similar appreciation awards were granted in FY2024; not currently planned for executives, NEDs, or employees .
Other Directorships & Interlocks
- Current public board: Corsair Gaming, Inc. (2018–present) .
- Compensation Committee interlocks: None in FY2024; Compensation Committees comprised of independent directors; no related-person relationships requiring disclosure; no reciprocal executive/director interlocks .
Expertise & Qualifications
- Core sectors: Technology, media, communications, entertainment, sports, leisure, and finance (global) .
- Skills: Strategy, financial and risk management, technology, legal/regulatory, human capital, and corporate governance oversight .
Equity Ownership
Beneficial ownership as of January 13, 2025:
| Holding | Amount |
|---|---|
| Carnival Corporation common stock (beneficial ownership, shares) | 69,388; percentage shown as *** in proxy table |
| Carnival plc ordinary shares | 0 |
| Restricted shares outstanding (unvested) | 40,338 |
Ownership alignment and safeguards:
- NED ownership guideline: 5× cash retainer; each NED was in compliance or within initial five-year accumulation period .
- Pledging/hedging: Proxy discloses a company-wide