Carnival Corp Names Weinstein COO
Carnival Corp on Friday named Josh Weinstein as its new chief operations officer as the company continues to grapple with the global COVID-19 pandemic.
Reporting to Carnival Corporation President and CEO Arnold Donald, Weinstein's responsibilities will include oversight of major operational functions, including global maritime, global ports and destinations, global sourcing, global IT and global auditing.
Weinstein will retain oversight of Carnival UK, the operating company for P&O Cruises and Cunard, which he managed directly for the past three years. Weinstein's tenure with Carnival Corporation has included 10 years as the company's treasurer, as well as five years as an attorney in the corporate legal department.
Simon Palethorpe, currently president of Cunard, will assume added responsibilities in the role of president of Carnival UK.
Carnival Corp said the structural leadership moves are part of the company's broader efforts to enhance operations and mobilize the global organization prior to its return to cruising.
"We are leveraging our pause in cruising to make a number of strategic changes within our business, including this important role, which is designed to strengthen our global operations and position the company and our brands for the future," Donald said.
Cruise lines virtually crippled by the global coronavirus pandemic have been among the companies hardest hit by the health crisis.
Carnival Corp reported a quarterly net loss of $4.4 billion and warned of a net loss for the rest of the year on Thursday, as the cruise operator took major write-downs on the sale of some ships.