MIAMI , Nov. 3, 2022
/PRNewswire/ -- Carnival Corporation
& plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest
cruise company, today announced that Arnold Donald, its former President and CEO, is
stepping down from the Boards of Directors of Carnival Corporation
& plc after more than two decades of service.
Earlier this year, with the successful return of Carnival
Corporation & plc's fleet into service, Donald announced his
decision to leave the CEO role, turning it over to his colleague,
Josh Weinstein, who was promoted
from chief operations officer into the role of President and CEO,
with Donald continuing to support the company in the short term
during the transition as Vice-Chair.
"I am extremely proud of all we have accomplished together these
past nine years, including the critical roles played by the Board,
the senior leadership and every person in this amazing company who
worked tirelessly with unmatched commitment, dedication and
ingenuity to put our company, following the global pandemic's
industry impact, in a position to continue the sustained success we
were enjoying," said Donald. "It is an honor and a privilege to
serve this great company, and after 21 years of serving on the
Board, I feel the time is right for me to step aside, making room
for others to enjoy the experience of contributing their leadership
to our company while providing me increased flexibility to
contribute outside of Carnival Corporation."
Micky Arison, Chair of the Boards
of Directors of the corporation, praised Donald, thanking him for
his leadership and successful efforts over the years.
"In working closely with Arnold for more than 20 years, I have
the utmost respect for him as a person and as a professional," said
Arison. "He leads by example, listens intently, acts with integrity
and puts a strong emphasis on supporting everyone around him.
Arnold connects deeply with people and has an extraordinary ability
to communicate, which has made him one of the most important and
influential voices in our industry."
Randy Weisenburger, a fellow
Board member and Lead Independent Director, echoed Arison's
appreciation.
"Arnold came in with a fresh point of view and an infectious,
positive attitude, and he was able to build on Carnival
Corporation's long-term success," said Weisenburger. "We have such
great respect for Arnold as a colleague and a proven leader with a
strong track record of success -- and the company has seen
impressive accomplishments during his time, expanding the cruise
market and accelerating our growth trajectory as the largest cruise
operator in the world."
Donald, 67, began serving on Carnival Corporation's Board of
Directors in 2001 and Carnival plc's Board of Directors in 2003,
and he took on the role as President and CEO in July 2013.
Donald's resignation is effective November 30, 2022.
Donald has agreed to continue to provide counsel and advice to
the company and its Boards through a consulting agreement.
About Carnival Corporation &
plc
Carnival Corporation & plc is one of the world's
largest leisure travel companies with a portfolio of nine of the
world's leading cruise lines sailing to all seven continents. With
operations in North America, Australia, Europe and Asia, its portfolio features Carnival
Cruise Line, Princess Cruises, Holland America Line,
Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA
Cruises, P&O Cruises (UK) and Cunard.
Additional information can be found on
www.carnivalcorp.com, www.carnival.com, www.princess.com,
www.hollandamerica.com, www.seabourn.com, www.pocruises.com.au,
www.costacruise.com, www.aida.de, www.pocruises.com and
www.cunard.com.
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SOURCE Carnival Corporation & plc