Arnold Donald Stepping Down from Carnival Board Seat

“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.”

MORE ABOUT ARNOLD DONALD:

• Donald first joined Carnival Corporation’s Board of Directors in 2001

•  In 2013, Donald was named President and CEO of Carnival Corporation

• Earlier this year, he announced his decision to step down as CEO and  turned the role over to his colleague, Josh Weinstein, Carnival’s former COO.

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Micky Arison, Chair of the Boards of Directors of Carnival Corporation, 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.”

Board member and Lead Independent Director Randy Weisenburger said, “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’s last day with the company will be November 30, 2022., though after that date, he will continue to provide counsel and advice to the cruise conglomerate for a period of time via a consulting agreement.