Gerry Cahill to Take Top Post at Carnival Cruise Lines; David Bernstein to Become Senior Vice President and CFO of Carnival Corporation & plc

Bob Dickinson, president and CEO of Carnival Cruise Lines, has informed Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) that he will retire at the end of the year. He will remain on the company’s board of directors.

Gerry Cahill, executive vice president and CFO of Carnival Corporation & plc, will assume Dickinson’s responsibilities as president and CEO effective immediately so that there is an ample transition period. David Bernstein, Carnival Corporation & plc’s vice president and treasurer, will become the company’s CFO, also effective immediately.

“I have been blessed to have had a long, fun-filled career helping to build Carnival and the cruise industry. I’m still having fun so giving all of that up has been a very difficult decision but I’ll be 65 next month and have been pondering this with my family for some time,” Dickinson said. “I look forward to working with Gerry who will inherit what I believe is the most talented and dedicated management team in the cruise industry,” he added.