Carnival Corporation & plc Announces Executive Changes Effective Aug. 1

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 major cruise corporation, these days declared that powerful August 1st, Arnold Donald, now President and Main Govt Officer, is remaining appointed Vice Chair and member of the Boards of Administrators. Josh Weinstein (age 48), at the moment Chief Operations Officer for the organization, will assume the part of President and CEO of Carnival Corporation & plc.

“Josh is a tested government who is well-highly regarded all through the corporation, serving in vital management roles, driving strong business final results through his tenure and playing an integral component in stewarding the firm by means of the world wide pandemic,” Donald reported. “Josh’s extensive comprehending of our market, functions and business strategy places him in a large posture to direct the subsequent period of our firm’s journey. With his vision, intensity and main values definitely aligned to individuals of our firm, I cannot believe of everyone far better suited for this role than Josh.”

A 20-calendar year veteran of Carnival Company & plc, Weinstein has a extensive record of achievement in vital senior-level roles for the enterprise. In his most recent assignment for the previous two decades as Carnival Corporation & plc’s Main Operations Officer, Weinstein oversaw all big operational features including world-wide maritime, global ports and places, world sourcing, worldwide IT and world auditing. Throughout this time, he also oversaw Carnival Uk, the operating firm for P&O Cruises (Uk) and Cunard, which he previously managed specifically for a few decades as president.

Prior to his role with Carnival United kingdom, Weinstein was treasurer for Carnival Company & plc for 10 a long time from 2007 to 2017, overseeing the treasury, tax, coverage and fiscal planning & examination capabilities in excess of this time period. From 2002 to 2007, Weinstein served as an lawyer in the company lawful department.

Weinstein explained he recognized what a privilege it is to become CEO of Carnival Corporation & plc.

“I am definitely humbled to just take up the function of CEO and am honored to direct this sort of a proficient crew of over 100,000 ship and shoreside crew associates who do these types of an outstanding occupation in delivering unforgettable, joyful holidays to our friends, working day in and day out,” Weinstein mentioned. “I have benefitted immensely from Arnold’s guidance and mentoring, and I would like to thank him, Micky Arison our Chairman and the overall Boards of Administrators for their assist. I glimpse ahead to creating on the firm’s successes as we shift forward.”

Weinstein is a graduate of the College of Pennsylvania and the New York University School of Law. A native of New York, Weinstein and his wife have a few kids.

Weinstein Will Just take Charge of a Company Perfectly-Positioned for the Future
Donald was named President and CEO for Carnival Company & plc in 2013 and in the course of his nine-12 months tenure as CEO, Donald led the corporation to report benefits, pre-pandemic — together with acquiring the company’s maximum earnings in its background.

Lately, Donald has assisted the corporation and its brands productively navigate the worldwide pandemic, effectively positioning the business for the future. The corporation expects each and every of its 9 top cruise line brand’s entire fleets to run visitor cruises in 2022, following what has been an extended pause. Carnival Company & plc also anticipates that month-to-month adjusted EBITDA will convert beneficial at the commencing of the summer period.

Donald has also helped reshape the firm’s fleet profile above his time as CEO, with newer, a lot more economical and a lot more environmentally state-of-the-art ships, which will enable offer a solid basis for great guest ordeals and to fulfill the firm’s highest accountability of compliance, environmental protection and the health and fitness, protection and wellbeing of its visitors, staff members ship and shore, and members of the communities that its makes contact and provide.

Donald’s business vocation spans virtually 4 many years, with a assortment of senior leadership positions in numerous industries, including 23 a long time at agrichemical and biotech enterprise Monsanto and chairman/CEO positions with Merisant, dad or mum company of the Equal sweetener model, the Juvenile Diabetic issues Exploration Foundation and the Government Management Council. He is a graduate of Carleton Higher education, Washington College in St. Louis and the College of Chicago Booth School of Business.

About Carnival Company & plc
Carnival Corporation & plc is a person of the world’s premier leisure vacation organizations with a portfolio of nine of the world’s foremost cruise strains sailing to all 7 continents. With functions in North The us, Australia, Europe and Asia, its portfolio functions Carnival Cruise Line, Princess Cruises, Holland The united states Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (Uk) and Cunard.

Additional data can be observed 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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Carnival Corporation & plc Media Contacts: Roger Frizzell, Carnival Corporation, [email protected], (305) 406-7862, Mike Flanagan, LDWW, [email protected], (727) 452-4538, Carnival Company & plc Trader Relations Call: Beth Roberts, Carnival Company, [email protected], (305) 406-4832