Cruise operator Carnival has appointed the Chairman and former Chief Executive Officer of Costa Cruises, Pier Luigi Foschi, to oversee the company's growth strategies within the expanding Asian region.
Foschi will now be responsible for establishing Carnival's new corporate offices in Singapore and providing guidance and assistance to the organisation's various operating units in pursuing their Asian cruise strategies.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Foschi, who retired from his role as Chief Executive Officer in July, will continue to serve in his current role of Chairman and a managing director of the Costa group and as a member of the board of directors of Carnival.
The share price fell 0.62% to 2,247p by 16:39.
NR
-
Is it time to ride the recovery in emerging markets?Interview What's the outlook for emerging markets? Gustavo Medeiros, head of research at Ashmore Group, gives his analysis and reviews progress in developing economies
-
Could the Enterprise Investment Scheme cut your tax bill?The Enterprise Investment Scheme is tax-efficient and potentially lucrative. Taking a chance on the scheme could trim your family’s IHT bill, says David Prosser
