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- Carnival Corp (NYSE:CCL) has appointed its Chief Operations Officer Josh Weinstein to assume the role of President and CEO, effective August 1, 2022.
- Arnold Donald, currently President and CEO, will take up the role of Vice-Chair and member of the Board.
- Weinstein has served Carnival for twenty years in various roles.
- Weinstein is a graduate of the University of Pennsylvania and the New York University School of Law.
- In addition, Carnival anticipates that monthly adjusted EBITDA will turn positive at the beginning of the summer season.
- Price Action: CCL shares are trading lower by 6.09% at $17.73 on the last check Tuesday.