Arison Steps Down...

[happy cruzin]

Hmmm...more changes - right at the top!

 

http://www.cnbc.com/id/100830973

[mikel24m]

Hmmm...more changes - right at the top!

 

http://www.cnbc.com/id/100830973

 

Thanks for the post

[jameshills]

What about Cahill? Is he only carnival brand vs the holdings co?

 

sent from Tapatalk on my Galaxy s3 ... padron any typos :)

[Keith1010]

Thanks for sharing this.

 

Keith

[okgirl]

It's not as much stepping down and spliting his responsibilities and spinning off the CEO portion of them. Not at all unusual in companies as large as Carnival Corporation. He remains as Chairman of the Board and the larges shareholder of the Corporation.

 

Cahill heads up only the Carnival Cruise Line portion of the business.

[Mulege]

CCL Stock is up 4.8% over the past 3 years compared to +47% for the S&P. I think this is a good thing for them. It should have happened sooner IMO.

[cjknox]

What about Cahill? Is he only carnival brand vs the holdings co?

 

sent from Tapatalk on my Galaxy s3 ... padron any typos :)

 

 

This has nothing to do with Cahill.

 

It is important to note, that Micky Arison is NOT stepping down from anything.

 

He is handing over the title & duties of CEO to Arnold Donald so that he can focus on the Corporate roles of Chairman.

[happy cruzin]

Thanks for the post

 

Thanks for sharing this.

 

Keith

 

You're welcome!

[rainbowflag]

Does Arnold Donald have a last name?

[antiquitys]

It's not as much stepping down and spliting his responsibilities and spinning off the CEO portion of them. Not at all unusual in companies as large as Carnival Corporation. He remains as Chairman of the Board and the larges shareholder of the Corporation.

 

Cahill heads up only the Carnival Cruise Line portion of the business.[/quot

 

 

Whenever I hear the title, Chairman of the Board, I think of Frank Sinatra.

[forwardcabin]

Corporate to Public: "See, we've changed!"

 

Public: "Oh, wow--you HAVE changed!"

 

Inside Corporate: "OK guys, nothing has changed."

 

Net result: "The more things change, the more they stay the same."

[winddawn]

Hmmm...more changes - right at the top!

 

http://www.cnbc.com/id/100830973

Moved but not out. Just sounds like musical chairs for show to me. The market seems impressed though with CCL up $1.43 right now.

[EZ4]

The market seems impressed though with CCL up $1.43 right now.

 

Don't squander that big windfall!! ;)

[Big_G]

This has nothing to do with Cahill.

 

It is important to note, that Micky Arison is NOT stepping down from anything.

 

He is handing over the title & duties of CEO to Arnold Donald so that he can focus on the Corporate roles of Chairman.

 

Normally when you go from an inattentive CEO to an attentive CEO it should be a good thing. Only time will tell and yes Cahill should be concerned. Anyone in the same position within the corporation should be concerned.

[jimbo5544]

Normally when you go from an inattentive CEO to an attentive CEO it should be a good thing. Only time will tell and yes Cahill should be concerned. Anyone in the same position within the corporation should be concerned.

 

Agreed,Cahill should def be concerned. To say that your boss has changed and has no reflection in you is short sighted. Different people have different ideas. Things happen.

 

 

Sent using the Cruise Critic forums app

[jimbo5544]

Cahill should be concerned just based upon his performance.

 

 

Sent using the Cruise Critic forums app

[happy cruzin]

Corporate to Public: "See, we've changed!"

 

Public: "Oh, wow--you HAVE changed!"

 

Inside Corporate: "OK guys, nothing has changed."

 

Net result: "The more things change, the more they stay the same."

 

 

Sad...but, isn't THAT the truth! :o

[vols_159]

This has nothing to do with Cahill.

 

It is important to note, that Micky Arison is NOT stepping down from anything.

 

He is handing over the title & duties of CEO to Arnold Donald so that he can focus on the Corporate roles of Chairman.

 

So he can focus on carnival or the Miami heat?

 

 

Sent using the Cruise Critic forums app

[waldocruiser1]

Does Arnold Donald have a last name?

 

No that is just to add confusion,

 

It was Donald

 

No it was Arnold

 

no it was Donald

 

that way he can talk out of both sides of his mouth at the sametime.

[cjknox]

Normally when you go from an inattentive CEO to an attentive CEO it should be a good thing. Only time will tell and yes Cahill should be concerned. Anyone in the same position within the corporation should be concerned.

 

If you had listened to the conference call this morning, Micky Arison and Howard Frank both expressed their confidence in Gerry Cahill's ability to handle the job and get Carnival out of this situation. I think that Cahill is here to stay.

 

But that's not to say he won't be under close watch.

[jonbgd]

I think that Cahill is here to stay.

 

But that's not to say he won't be under close watch.

 

I agree for now........ but next year maybe a different story

[ItsAllAboutTheSass]

If you had listened to the conference call this morning, Micky Arison and Howard Frank both expressed their confidence in Gerry Cahill's ability to handle the job and get Carnival out of this situation. I think that Cahill is here to stay.

 

But that's not to say he won't be under close watch.

 

The dreaded vote of confidence.

[Big_G]

If you had listened to the conference call this morning, Micky Arison and Howard Frank both expressed their confidence in Gerry Cahill's ability to handle the job and get Carnival out of this situation. I think that Cahill is here to stay.

 

But that's not to say he won't be under close watch.

 

The dreaded vote of confidence.

 

It's like the kiss of death.

[Mulege]

CCL IS STILL A BAD INVESTMENT. TIME WILL TELL IF YOU DOUBT IT. MICKEY IS NOT THE ONE TO LEAD THIS CO. HE IS TOO INVOLVED WITH HIS PET PROJECTS. CAN YOU SAY HEAT. It is the truth to all of the Pom Pom cheerleaders.

[Mulege]

The Board of any Company can make any changes to the Management of a company. In that regard they lost confidence in Good Old Boy Mickey. They voted him out! Good for this Board as Mickey is a LOSER managing his Papa's Company.