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Sunday, July 07, 2013

Carnival's New CEO

A couple of weeks ago, not long after his NBA team, the Miami Heat, won its second consecutive championship, Micky Arison stepped down as CEO of Carnival Cruise Lines, the company started by his father Ted in 1972. The new CEO is Arnold Donald, who has been on the board of Carnival for 12 years and managed several other companies, including Equal, the artificial sweetener. He takes over a company that’s had some image problems this year because of incidents like the Carnival Triumph being stranded at sea for four days earlier this year. Today on America Weekend, I asked Donald how he's going to right the company's ship.

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