Arnold Donald Named Vice Chair, Josh Weinstein Named
President & CEO of Carnival Corporation & plc
MIAMI, April 26, 2022 /PRNewswire/ -- Carnival
Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's
largest cruise company, today announced that effective August 1st, Arnold Donald, currently President and Chief
Executive Officer, is being appointed Vice Chair and member of the
Boards of Directors. Josh Weinstein
(age 48), currently Chief Operations Officer for the company, will
assume the role of President and CEO of Carnival Corporation &
plc.
"Josh is a proven executive who is well-respected throughout the
company, serving in key leadership roles, driving strong business
results during his tenure and playing an integral part in
stewarding the company through the global pandemic," Donald said.
"Josh's thorough understanding of our industry, operations and
business strategy puts him in a tremendous position to lead the
next phase of our company's journey. With his vision, intensity and
core values truly aligned to those of our company, I cannot think
of anyone better suited for this role than Josh."
A 20-year veteran of Carnival Corporation & plc, Weinstein
has a long history of success in critical senior-level roles for
the company. In his most recent assignment for the past two years
as Carnival Corporation & plc's Chief Operations Officer,
Weinstein oversaw all major operational functions including global
maritime, global ports and destinations, global sourcing, global IT
and global auditing. During this time, he also oversaw Carnival UK,
the operating company for P&O Cruises (UK) and Cunard, which he
previously managed directly for three years as president.
Prior to his role with Carnival UK, Weinstein was treasurer for
Carnival Corporation & plc for 10 years from 2007 to 2017,
overseeing the treasury, tax, insurance and financial planning
& analysis functions over this time period. From 2002 to 2007,
Weinstein served as an attorney in the corporate legal
department.
Weinstein said he recognized what a privilege it is to become
CEO of Carnival Corporation & plc.
"I am truly humbled to take up the role of CEO and am honored to
lead such a talented team of over 100,000 ship and shoreside team
members who do such an incredible job in delivering unforgettable,
happy vacations to our guests, day in and day out," Weinstein said.
"I have benefitted tremendously from Arnold's guidance and
mentoring, and I would like to thank him, Micky Arison our Chairman and the entire Boards
of Directors for their support. I look forward to building upon the
company's successes as we move forward."
Weinstein is a graduate of the University
of Pennsylvania and the New York
University School of Law. A native of New York, Weinstein and his wife have three
children.
Weinstein Will Take Charge of a Company Well-Positioned for
the Future
Donald was named President and CEO for Carnival
Corporation & plc in 2013 and during his nine-year tenure as
CEO, Donald led the company to record results, pre-pandemic --
including achieving the company's highest profits in its
history.
Recently, Donald has helped the company and its brands
successfully navigate the global pandemic, well positioning the
company for the future. The company expects each of its nine
leading cruise line brand's full fleets to operate guest cruises in
2022, following what has been an extended pause. Carnival
Corporation & plc also anticipates that monthly adjusted EBITDA
will turn positive at the beginning of the summer season.
Donald has also helped reshape the company's fleet profile over
his time as CEO, with newer, more efficient and more
environmentally advanced ships, which will help provide a strong
foundation for fantastic guest experiences and to meet the
company's highest responsibility of compliance, environmental
protection and the health, safety and wellbeing of its guests,
employees ship and shore, and members of the communities that its
brands touch and serve.
Donald's business career spans nearly four decades, with a
variety of senior leadership positions in several industries,
including 23 years at agrichemical and biotech company Monsanto and
chairman/CEO positions with Merisant, parent company of the Equal
sweetener brand, the Juvenile Diabetes Research Foundation and the
Executive Leadership Council. He is a graduate of Carleton College, Washington
University in St. Louis and
the University of Chicago Booth School
of Business.
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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