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Arnold Donald stepping down from CEO position of Carnival Corp.

Arnold Donald, CEO and president of Carnival Corp., the parent company to several cruise lines, is scheduled to step down Monday, after helming the cruise giant for nearly a decade.

Donald told USA TODAY the decision came as part of an ongoing planning and leadership development process that’s been going on at the company internally.

“I’ve been in the role for nine years. And I’m also, you know, getting to an age where it makes sense to have the next generation step in, and so that’s how we got there,” he said.

Carnival Corp. announced in April that Donald would transition to vice chair and a member of the company’s board of directors after his tenure as CEO and president was completed.

Donald, who started in the role in 2013 and led Carnival through the COVID-19 pandemic, will be succeeded by Josh Weinstein, who previously served the company as its chief operations officer.

Arnold Donald has served as president and CEO of Carnival Corp. since 2013.

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In a statement shared with USA TODAY, Weinstein said that he feels privileged to have been given the opportunity to take on the role, adding that succeeding Donald is “quite an honor.”

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