Carnival Company & plc Declares Modifications to Boards of Administrators

New Impartial Director, Sara Mathew, brings operational and monetary experience and expertise driving transformative development

Sir John Parker to step down from Carnival Company & plc’s Boards of Administrators

MIAMI, Nov. 15, 2022 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest cruise firm, introduced that Sara Mathew, retired Chair, President, and Chief Govt Officer of Dun & Bradstreet Corp. (DNB), was appointed on November 14, 2022 to Carnival Company & plc’s Boards of Administrators, efficient instantly.

Mathew has leveraged her vital strategic and operational experience to drive transformative development at giant worldwide corporations all through her profession. Throughout her over 12-year tenure with Dun & Bradstreet, she served as Chair and CEO from 2010 to 2013, following prior roles as President and Chief Working Officer, and Chief Monetary Officer. Earlier than becoming a member of Dun & Bradstreet, Mathew held varied roles over her 18 years at The Proctor & Gamble Co., inside finance, accounting, model administration and investor relations. At Carnival Company & plc Mathew will serve in a non-executive capability as a Board member and also will serve on the Audit Committees.

“As the corporate continues on its path in direction of delivering sturdy high and bottom-line development, we’re excited to have Sara be part of the Boards as an skilled chief and strategic operator with experience in know-how and innovation, finance, and world consumer-facing manufacturers,” stated Micky Arison, Chair of the Boards of Administrators of Carnival Company & plc. “Sara’s distinctive perspective can be a helpful addition to the boardroom as we advance our long-term development priorities.”

Mathew has acquired quite a few accolades reflecting her profitable profession, together with High Worth Creator within the S&P 500 by Chief Govt journal in 2013, Nationwide Affiliation of Company Administrators New Jersey Chapter (NACD NJ) Director of the Yr in 2018, and a recipient of Proctor & Gamble’s John G. Smale Award for excellent alumni in 2020. Mathew earned a Grasp of Enterprise Administration from Xavier College, and a Bachelor of Science diploma from the College of Madras in India. Mathew is presently a member of the boards of administrators at Dropbox, State Road Company and Freddie Mac Company. Mathew was beforehand a member of the board of administrators of XOS, Reckitt Benckiser, Shire, Campbell Soup and Avon.

Carnival Company & plc additionally introduced that Sir John Parker has determined to not search re-election to the Boards of Administrators on the 2023 Annual Conferences of Shareholders, now that the corporate is again on a restoration course, and can retire from the Boards with impact from the conclusion of the 2023 Annual Conferences of Shareholders.

“We need to thank Sir John for his invaluable service to the corporate,” stated Arison. “All through his tenure as a director of each Carnival plc since 2000 and of Carnival Company since 2003, Sir John has offered in depth perception and steering to the Boards and to our world administration workforce. As founding Chairman and continued member of the Well being, Setting, Security & Safety (HESS) Committees, a long-standing member of the Nominating & Governance Committees, and a earlier member of the Audit and Remuneration Committees, Sir John has supported the Boards in overseeing insurance policies, applications, and initiatives related to those essential areas, that are important facets of the Boards’ oversight through the years.”

“As Chair of the UK Authorities’s Parker Overview of ethnic variety on UK boards and Chair of six FTSE 100 listed corporations, Sir John has offered educated and distinctive views of UK company governance insurance policies and practices, together with the significance of numerous illustration. Sir John has additionally deepened the Boards’ business data as the previous head of a significant shipbuilding firm and in further prior roles within the business together with former President of the Royal Establishment of Naval Architects and President of the Royal Academy of Engineering. We respect Sir John’s thought management all through his tenure and his invaluable contributions to broaden our Boards’ experience in these key areas.”

The Boards of Administrators commonly consider the composition of the Boards to make sure the suitable mixture of abilities, experiences, and variety of views to successfully oversee the strategic course of Carnival Company & plc. With these modifications in addition to the lately introduced retirement of long-time Board member and former President and CEO Arnold Donald, Carnival Company & plc’s Boards can be comprised of twelve members as of April 2023, ten of whom are impartial administrators, 4 of whom are feminine and one in all whom is ethnically numerous. 

About Carnival Company & plc
Carnival Company & plc is among the world’s largest leisure journey corporations with a portfolio of 9 of the world’s main cruise strains. With operations in North America, Australia, Europe and Asia, its portfolio options Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.

Extra info could be discovered on www.carnivalcorp.com, www.carnival.com, www.princess.com, www.hollandamerica.com, www.seabourn.com, www.pocruises.com.au, www.costacruise.com, www.aida.de, www.pocruises.com and www.cunard.com.

SOURCE Carnival Company & plc