Carnival Corporation has announced that effective August 1, Arnold Donald — the current President and CEO — is being appointed Vice Chair and member of the Boards of Directors.
Josh Weinstein, the current Chief Operations Officer of the company, will assume the role of President and CEO.
“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,” Donald said.
“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.”
A 20-year veteran of Carnival Corporation, Weinstein has a long history of success in senior-level roles in the company. In his most recent position as COO for two years, Weinstein oversaw 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 and Cunard. He previously managed Carnival UK as president for three years.
Prior to his role with Carnival UK, Weinstein was treasurer for Carnival Corporation for 10 years. Before that, he 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.”
Weinstein is a graduate of the University of Pennsylvania and the New York University School of Law.
Donald was named president and CEO of Carnival Corporation in 2013, and during his nine-year tenure as CEO, he led the company to record results — including achieving the company’s highest profits in its history.
Recently, Donald has helped the company successfully navigate the global pandemic, well positioning the company for the future.
Carnival Corporation expects all of its brands’ full fleets to be back in passenger service this year.
Donald has also helped reshape the company’s fleet profile over his time as CEO, with newer, more efficient and environmentally-advanced ships.
His business career spans nearly four decades, with a variety of senior leadership positions in several industries. He is a graduate of Carleton College, Washington University in St. Louis, and the University of Chicago Booth School of Business.