Carnival’s Foschi to Oversee Asian Cruise Str...
Carnival Corporation & plc Appoints Pier Luigi Foschi To Oversee
Company's Asian Cruise Strategies
MIAMI, Sept. 12, 2012 -- Carnival Corporation & plc (NYSE/LSE: CCL;
NYSE: CUK) has appointed Costa Cruises Chairman Pier Luigi Foschi to
oversee the company's growth strategies within the rapidly expanding
Asian region.
In his role as chairman and chief executive officer of the new
Carnival Asia unit, Foschi will be responsible for establishing
Carnival Corporation & plc's new corporate offices in Singapore and
providing guidance and assistance to the organization's various
operating units in pursuing their Asian cruise strategies.
Currently, Carnival Corporation & plc's Asia operations include two
Costa Cruises ships based in China and Singapore and Princess Cruises'
Sun Princess, which will launch a series of voyages from Japan next
spring.
Foschi, who retired as CEO of Costa Cruises in July, will continue to
serve in his current role of chairman and a managing director of the
Costa group and as a member of the board of directors of Carnival
Corporation & plc.
Foschi has extensive experience in the Asian marketplace, overseeing
Costa's initial entry into the region in 2006 and has also maintained
excellent relationships with local government and tourism officials.
Additionally, prior to joining Costa, Foschi resided in Hong Kong and
Singapore for many years while serving as executive vice president of
Pacific Asia operations for the Otis Elevator Company.
"With Asia such an important part of our global strategy, it's
critical that we increase our presence in the region by establishing
this new office in Singapore and appointing an experienced executive
to coordinate our current operations and our future expansion
efforts," said Micky Arison, Carnival Corporation & plc's chairman and
CEO. "Pier is the ideal candidate for this new role and considering
that his responsibilities at Costa are winding down, we are delighted
that he agreed to oversee our growth strategies in this emerging
cruise region," he added.
Carnival Corporation & plc is the largest cruise company in the world,
with a portfolio of cruise brands in North America, Europe, Australia
and Asia, comprised of Carnival Cruise Lines, Holland America Line,
Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero
Cruises, P&O Cruises (Australia) and P&O Cruises (UK).
Together, these brands operate 100 ships totaling 202,000 lower berths
with seven new ships scheduled to be delivered between March 2013 and
March 2016. Carnival Corporation & plc also operates Holland America
Princess Alaska Tours, the leading tour company in Alaska and the
Canadian Yukon. Traded on both the New York and London Stock
Exchanges, Carnival Corporation & plc is the only group in the world
to be included in both the S&P 500 and the FTSE 100 indices.
SOURCE Carnival Corporation & plc
CONTACT: MEDIA, Jennifer de la Cruz, +1-305-599-2600, ext. 16000 or
INVESTOR RELATIONS, Beth Roberts +1-305-406-4832
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