New Independent Director, Sara Mathew, brings operational and financial
expertise and experience driving transformative growth
Sir John Parker
to step down from Carnival Corporation & plc's Boards of
Directors
MIAMI, Nov. 15,
2022 /PRNewswire/ -- Carnival Corporation & plc
(NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company,
announced that Sara Mathew, retired
Chair, President, and Chief Executive Officer of Dun &
Bradstreet Corp. (DNB), was appointed on November 14, 2022 to Carnival Corporation &
plc's Boards of Directors, effective immediately.
Mathew has leveraged her significant strategic and operational
expertise to drive transformative growth at large international
companies throughout her career. During 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 Operating
Officer, and Chief Financial Officer. Before joining Dun &
Bradstreet, Mathew held various roles over her 18 years at The
Proctor & Gamble Co., within finance, accounting, brand
management and investor relations. At Carnival Corporation &
plc Mathew will serve in a non-executive capacity as a Board member
and will also serve on the Audit Committees.
"As the company continues on its path towards delivering durable
top and bottom-line growth, we are excited to have Sara join the
Boards as an experienced leader and strategic operator with
expertise in technology and innovation, finance, and global
consumer-facing brands," said Micky
Arison, Chair of the Boards of Directors of Carnival
Corporation & plc. "Sara's unique perspective will be a
valuable addition to the boardroom as we advance our long-term
growth priorities."
Mathew has received numerous accolades reflecting her successful
career, including Top Value Creator in the S&P 500 by Chief
Executive magazine in 2013, National Association of Corporate
Directors New Jersey Chapter (NACD NJ) Director of the Year in
2018, and a recipient of Proctor & Gamble's John G. Smale Award for outstanding alumni in
2020. Mathew earned a Master of Business Administration from
Xavier University, and a Bachelor of
Science degree from the University of Madras in India. Mathew is currently a member of the
boards of directors at Dropbox, State Street Corporation and
Freddie Mac Corporation. Mathew was previously a member of the
board of directors of XOS, Reckitt Benckiser, Shire, Campbell Soup
and Avon.
Carnival Corporation & plc also announced that Sir
John Parker has decided not to seek
re-election to the Boards of Directors at the 2023 Annual Meetings
of Shareholders, now that the company is back on a recovery course,
and will retire from the Boards with effect from the conclusion of
the 2023 Annual Meetings of Shareholders.
"We want to thank Sir John for his invaluable service to the
company," said Arison. "Throughout his tenure as a director of both
Carnival plc since 2000 and of Carnival Corporation since 2003, Sir
John has provided extensive insight and guidance to the Boards and
to our global management team. As founding Chairman and continued
member of the Health, Environment, Safety & Security (HESS)
Committees, a long-standing member of the Nominating &
Governance Committees, and a previous member of the Audit and
Remuneration Committees, Sir John has supported the Boards in
overseeing policies, programs, and initiatives relevant to these
important areas, which are essential aspects of the Boards'
oversight over the years."
"As Chair of the UK Government's Parker Review of ethnic
diversity on UK boards and Chair of six FTSE 100 listed companies,
Sir John has provided knowledgeable and unique perspectives of UK
corporate governance policies and practices, including the
importance of diverse representation. Sir John has also deepened
the Boards' industry knowledge as the former head of a major
shipbuilding company and in additional prior roles in the industry
including former President of the Royal Institution of Naval
Architects and President of the Royal Academy of Engineering. We
appreciate Sir John's thought leadership throughout his tenure and
his invaluable contributions to broaden our Boards' expertise in
these key areas."
The Boards of Directors regularly evaluate the composition of
the Boards to ensure the appropriate mix of skills, experiences,
and diversity of perspectives to effectively oversee the strategic
direction of Carnival Corporation & plc. With these changes as
well as the recently announced retirement of long-time Board member
and former President and CEO Arnold
Donald, Carnival Corporation & plc's Boards will be
comprised of twelve members as of April
2023, ten of whom are independent directors, four of whom
are female and one of whom is ethnically diverse.
About Carnival Corporation & plc
Carnival
Corporation & plc is one of the world's largest leisure travel
companies with a portfolio of nine of the world's leading cruise
lines. With operations in North
America, Australia,
Europe and Asia, its portfolio features Carnival Cruise
Line, Princess Cruises, Holland America Line, Seabourn, P&O
Cruises (Australia), Costa
Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.
Additional information can be found 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.
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SOURCE Carnival Corporation & plc