Muckety
 
 
 
 
 

Arison gives up CEO post at Carnival

By Laurie Bennett

June 25, 2013 at 11:05am

Billionaire Micky Arison is walking the plank after a series of disasters at Carnival Corp.

Forbes reports that Arison is stepping down next month as CEO of the cruise company, but staying on as chairman.

Arnold W. Donald, a board member since 2001, will replace him as chief executive. Arison, son of company founder Ted Arison, has held the job since 1979.

The company has suffered colossal problems in the last year and a half, beginning with the grounding of the Costa Concordia cruise ship off the Italian coast in January 2012. More than 30 people died.

In February of this year, Carnival suffered seemingly endless embarrassment after a fire aboard the Triumph cruise ship left passengers adrift in the Gulf of Mexico for days, without toilets or adequate food.

Some passengers kissed the ground when they finally made it to dry land.

While handing over the reins to the family business can’t be easy, Arison hasn’t had a bad week, all in all. He’s also majority owner of the Miami Heat, which on Thursday won its second straight NBA title.

Follow Muckety on Twitter Tweet This! Share on Facebook

Click here to sign up for the Muckety Newsletter

This post is tagged with: , ,
 Read related stories: Business · Recent Stories · Top one percent  

0 Comments

  • There are no comments yet, be the first by filling in the form below.

Leave a Comment

The relationship map to the left is interactive.
• Solid lines are current relations. Dotted lines are former relations.
• Expand items with + signs by double-clicking or by selecting multiple items in the map and pressing the "e" key.
• Move an item in the map by clicking and dragging.
• You can also delete items, separate boxes and save maps. Right-click on the map or select Map Tools for these options.
• Find out more about an item in the map by right-clicking on the item and choosing Information about...
• View map color key.
• This interactive map requires Flash player.


Become a fan of Muckety on Facebook

  • Search for stories
      
    Special Features

Follow Muckety on Twitter Follow Muckety on Twitter
Muckety has no direct connection to most of the people or organizations listed on these pages.
We are unable to forward personal messages or provide personal contact information.
We make every effort at Muckety to ensure that our data is correct and timely. However, relationships are in constant flux and we cannot guarantee accuracy. If you come across incorrect or outdated information, please let us know by email.
© 2017 Muckety LLC