© Reuters. FILE PHOTO: The Queen Mary 2 cruise ship by Cunard Line, owned by Carnival Corporation & plc. is seen docked at Brooklyn Cruise Terminal in Brooklyn, New York City, U.S., December 20, 2021. REUTERS/Andrew Kelly/File Photo
(Reuters) – Carnival (NYSE:) Corp, the world’s largest cruise company, on Tuesday said Josh Weinstein, its chief operations officer, would become the next chief executive officer, taking over the role from Arnold Donald.
Donald, who has been CEO of Carnival for nine years and had led the company to post a record profit in 2018, will become the vice chair of the company, effective Aug. 1.
A 20-year veteran of Carnival, Weinstein takes over at a crucial time for the company as it gradually restarts operations after a long pandemic-led hiatus and navigates new issues including a surge in fuel prices due to the Russia-Ukraine crisis.
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