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Director Appointments

Carnival SID steps down

19 July 2017 08:02

Carnival Corporation & plc senior independent director and presiding director Stuart Subotnick has stepped down in keeping with good corporate governance that encourages the periodic rotation of board leadership positions.

The non-executive directors elected Randall J. Weisenburger to take over as the senior independent director under the UK Corporate Governance Code with immediate effect.

Weisenburger will also act as the presiding director to preside at meetings of the non-executive directors and at board meetings in the absence of the chairman, and to serve as the principal liaison for non-executive directors.

Carnival said the appointment of a new SID and presiding director brought fresh perspectives and ideas to these leadership roles and underscored the company's constant attention to succession planning and implementation.

At 8:02am: (LON:CCL) Carnival PLC share price was +5p at 5110p

Story provided by StockMarketWire.com

Related Company: CCL

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