Carnival
Corporation & plc Change Of Senior Independent Director And
Presiding Director
MIAMI, July 18, 2017 -- Carnival Corporation & plc
(NYSE/LSE: CCL; NYSE: CUK) announced yesterday a change in keeping
with good corporate governance that encourages the periodic
rotation of board leadership positions among directors.
Stuart Subotnick has stepped down
from his role as Senior Independent Director and Presiding Director
and Randall J. Weisenburger was
elected by the company's Non-Executive Directors, acting in
executive session, to take over as the Senior Independent Director
under the UK Corporate Governance Code with immediate effect.
Weisenburger will also act as the Presiding Director to preside at
meetings of the Non-Executive Directors and at Board meetings in
the absence of the Chairman, and to serve as the principal liaison
for Non-Executive Directors.
The appointment of a new Senior Independent Director and
Presiding Director brings fresh perspectives and ideas to these
leadership roles and underscores the company's constant attention
to succession planning and implementation.
A director since 2009, Weisenburger is chair of the Compensation
Committees and a member of the Audit Committees and Nominating
& Governance Committees.
Subotnick will continue as a member of the Boards of Directors,
Chair of the Nominating & Governance Committees and as a member
of the Audit Committees and Executive Committees.
"Stuart Subotnick's breadth of
business experience has been a real asset to Carnival," said
Micky Arison, Carnival Corporation
& plc Chairman. "We have benefited greatly from his insights,
counsel and leadership. We are pleased he will continue to serve
the Board."
"Randy Weisenburger is an
excellent choice to serve as our presiding director," continued
Arison. "Our company has benefited from his broad experience,
leadership and wise counsel. Randy will serve the board and the
company well in this new role."
This announcement is made pursuant to UK Listing Rule
9.6.11.
Carnival Corporation & plc is the world's largest
leisure travel company and among the most profitable and
financially strong in the cruise and vacation industries, with a
portfolio of 10 dynamic brands that include nine of the world's
leading cruise lines. With operations in North
America, Europe, Australia and Asia, its portfolio features Carnival Cruise
Line, Holland America Line, Princess Cruises,
Seabourn, AIDA Cruises, Costa Cruises,
Cunard, P&O Cruises (Australia) and P&O Cruises (UK),
as well as Fathom, the corporation's immersion and enrichment
experience brand.
Together, the corporation's cruise lines operate 103 ships with
231,000 lower berths visiting over 700 ports around the world, with
17 new ships scheduled to be delivered between 2018 and
2022. Carnival Corporation & plc also operates
Holland America Princess Alaska Tours, the leading tour company in
Alaska and the Canadian Yukon. Traded on both the New
York and London Stock Exchanges, Carnival Corporation
& plc is the only group in the world to be included in
both the S&P 500 and the FTSE 100 indices.
In 2017, Fast Company recognized Carnival Corporation as
being among the "Top 10 Most Innovative Companies" in both the
design and travel categories. Fast Company specifically
recognized Carnival Corporation for its work in developing Ocean
Medallion™, a high-tech wearable device that enables the world's
first interactive guest experience platform capable of
transforming vacation travel into a highly personalized and
elevated level of customized service.
Additional information can be found on www.carnival.com,
www.fathom.org, www.hollandamerica.com, www.princess.com,
www.seabourn.com, www.aida.de, www.costacruise.com, www.cunard.com,
www.pocruises.com.au and www.pocruises.com.
CONTACT: MEDIA CONTACT, Roger
Frizzell, +1 (305) 406 7862; INVESTOR RELATIONS
CONTACT: Beth Roberts, +1 (305) 406 4832