Carnival Corporation’s long-time President and CEO Arnold Donald will step down from his role at the company in August, handing the reins to current Chief Operations Officer Josh Weinstein.
Donald will stay on as Vice Chair and member of the Boards of Directors, to which he has been appointed.
Donald was named President and CEO for Carnival Corporation & plc, the world’s largest cruise company, in 2013. During his nine-year tenure as CEO, he has led the company to record results, including achieving the company’s highest profits in its history—pre-pandemic, obviously. Donald has also helped reshape the company’s fleet profile with newer, more efficient, and more environmentally advanced ships.
Now emerging from the pandemic, Carnival Corporation expects each of its nine brand’s to have their full fleets operational for guest cruises in 2022 following the COVID-19-induced extended pause.
Josh Weinstein is a 20-year veteran of Carnival Corporation having held various senior-level roles within the company. For the past two years, he has served as Chief Operations Officer, overseeing 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.
“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.”
“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,” said Donald. “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.”
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