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
Cruise Law News has received inquiries from several Carnival Cruise Lines crew members complaining that the cruise line recently terminated the retirement benefits for crew members.
Like many other cruise lines, Carnival Cruise Lines previously offered a small retirement benefit which crew members were eligible to receive for working a number of years of uninterrupted