President and chief executive officer Carnival Cruise Lines Gerry Cahill, announced he is retiring after 20 years of service.
Effective 30 November, Mr Cahill, 63, has been chief executive officer of Carnival Corporation’s largest cruise brand since 2007, growing the cruise line to 24 ships during his tenure.
“Gerry has been instrumental in taking Carnival Cruise Lines to new heights as one of the preeminent brands in the cruise industry,” President and chief executive officer of Carnival Corporation & plc Arnold Donald, said.
“He and his team have delivered new innovations to cruising while growing the business year after year.”
During his term as CEO, Mr Cahill and his team launched four new ships and introduced a new class of ships, the Dream class.
No replacement for Cahill is being named at present.
Cahill has agreed to stay on in an advisory capacity for an unspecified time to provide advice and counsel to the leadership team through the transition period.