Following the fire on the Carnival Freedom cruise ship, the burned ship was neither safe nor suitable to carry vacationing guests on a return cruise back to Florida. Despite telling its guests in a letter delivered to their cabins on the burnt ship that it intended to send them home “as soon as possible,” Carnival
Carnival Corporation CEO Arnold Donald received over $15,000,000 in compensation in 2021, according to MarketWatch. Carnival stock (CCL) had a “two-year decline of 60.4%” while Mr. Donald’s “total compensation increased 35.1% over the past two years” to $15,060,000.
Income for Carnival Corporation #cruise / @CarnivalPLC Chief Executive Officer / CEO Arnold Donald Increased 35% in past two years to over $15,000,000 while CCL stock declined over 60% https://t.co/9DCKw87kOY. Photo via Cruise Industry News pic.twitter.com/w57TOdiUUc
— James (Jim) Walker (@CruiseLaw) February 16, 2022
The Carnival CEO’s income increased from $13,306,097 in 2020 and $11,149,514 million in 2019, according
Carnival Corporation CEO Arnold Donald and other top Carnival cruise executives collected millions of dollars more in compensation in 2020 than in 2019 via stock awards, according to a filing with the Securities and Exchange Commission (SEC) last week. Cruise Industry News summarized the compensation in an article titled Carnival Corporation Executives Made More Money
A number of Carnival Corporation cruise executives sold over 125,000 shares of CCL stock last week, according to forms filed 
with the Securities and Exchange Commission (SEC).
According to SEC forms, CEO Donald (left) sold 62,639 Carnival shares on January 14th for $1,300,000, at an average per price of $21.12 per share. The forms
President Trump announced a list of “Great American Economic Revival” industry groups at the coronavirus briefing on Tuesday. He said that the groups will advise the White House on reopening the economy after the shutdown necessitated by the COVID-19 pandemic.
The Great American Economic Revival Cruise Industry Group
This week the White House has
The Chief Marketing Officer (CMO) Council, a global network of senior marketing executives, selected Carnival Corporation as one of the “Bruised, Battered and Embattled Brands” in 2019.
According to the advertising publication Campaign, the CMO Council selected 20 companies to be on its “bruised and battered” 
dis-honor roll. Carnival Corporation joined the likes of
The Sun Sentinel recently published an article, the Top 10 Highest-Paid CEOs in South Florida. Included in the top ten list, are three cruise executives: Norwegian Cruise Line Holding’s Frank Del Rio, Royal Caribbean Cruises’ Richard Fain, and Carnival Corporation’s Arnold Donald.
#1: Norwegian Cruise Line Holding’s Frank Del Rio:
The highest paid cruise
Yesterday a lawyer from Seattle Washington filed a motion on behalf of three victims of Carnival’s pollution seeking status under the Crime Victims’ Rights Act (CVRA). Seattle attorney Knoll Lowney argues that his three clients, all affected by Princess Cruise Line’s and its parent Carnival Corporation’s pollution, want more transparency in the case.
The victims’
On Friday, May 24th, United District Court Judge Patricia Seitz, who is presiding over the pollution case pending against Princess Cruises, ordered all members of the Carnival Corporation & plc Executive Committee of the Board of Directors to appear at a hearing scheduled for June 3, 2019 at the federal courthouse in Miami.
The hearing
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Carnival’s Arnold Donald is not a typical cruise line executive. He’s not white; he wasn’t born with a silver spoon in his mouth; and he’s not arrogant.
He was born in New Orleans. His parents didn’t finish high school. They raised him and his three siblings in the Ninth Ward (which is now largely
The Miami Herald just published an article about Arnold Donald, who has now spent one year at the helm of Carnival Corporation after Micky Arison selected him following a series of disasters (Costa Concordia, Carnival Triumph, etc.) The article is entitled One Year In, Carnival CEO Arnold Donald is Working to Right the
This week I have read a couple of articles about the Cruise Lines International Association’s (CLIA) "Cruise 3 Sixty" conference in Fort Lauderdale. I read an article in the Sun Sentinel (Cruise Execs Talk About Industry’s Future) and an article in Travel Weekly (CEOs Say Cruise Lines Must Wow Travelers).
CLIA’s Christine Duffy
This morning there’s lots of news articles praising new Carnival CEO Arnold Donald and his cruise line.
Businessweek published "Carnival’s Accidental CEO Plots New Course for Cruise Line" suggesting that CEO Arnold is the cruise giant’s new messiah who’s going to kill the weeds in the Carnival armada and turn things around.
The
Several news sources are reporting changes in the executive ranks at Carnival Corporation and its brands, Princess Cruises and Holland America Line.
Carnival Vice Chairman and Chief Operating Officer (COO) Howard Frank will step down. He is slated to be an adviser to CEO Arnold Donald and Chairman Micky Arison. Jan Swartz becomes the new president of Princess
Travel Weekly and Skift recently reported that the new CEO of Carnival Corporation, Arnold Donald, will receive the following in compensation:
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$1 million base salary to start, with reviews by the board of directors to increase or decrease his salary;
A fixed bonus of $1.125 million for 2013;
A one-time award of performance-based restricted stock
Last month, the Sun Sentinel reported that Carnival’s earnings "continue to be hurt by a series of embarrassing mishaps and softened demand for certain cruises that has kept fares low." The world’s largest cruise operator reported a 30 percent drop in third-quarter profits.
Critics have attributed Carnival’s woes to damage to its namesake cruise line’s
Carnival scored some much needed public relations points during an interview with CBS News’ travel expert Peter Greenberg. Following several high-profile mishaps (the Costa Concordia disaster and the Carnival Triumph "poop cruise"), the cruise giant is reportedly spending more than half-a-billion dollars for improvements on its fleet of cruise ships.
Of particular interest during
