8-KLeadership Changes

CARNIVAL CORP 8-K Report, Executive Changes (Nov 22, 2005)

Filed November 22, 2005For Securities:CCL

Summary

This 8-K filing reports the sudden and unexpected passing of Mr. John P. McNulty, a member of Carnival Corporation & plc's boards of directors since June 2003. Mr. McNulty was also a member of the company's compensation committee. His passing occurred on November 16, 2005. The company expressed deep sadness and acknowledged his significant experience and wisdom gained from a distinguished career, including 22 years at Goldman Sachs where he headed the investment management division. While this is a somber announcement, it is important for investors to note that Mr. McNulty's departure, due to his passing, is not expected to have a material impact on the company's operations or strategic direction. The focus for investors should remain on the company's ongoing business performance. Carnival Corporation & plc has indicated that Mr. McNulty's experience and contributions will be missed.

Key Highlights

  • 1Carnival Corporation & plc announces the death of board member John P. McNulty on November 16, 2005.
  • 2Mr. McNulty had served on the company's boards of directors since June 2003.
  • 3He was also a member of the company's compensation committee.
  • 4Mr. McNulty brought extensive experience from his 22-year career at Goldman Sachs.
  • 5The company's leadership expressed sadness and noted the loss of his experience, wisdom, and friendship.
  • 6A scholarship fund has been established in his name for memorial contributions.

Frequently Asked Questions

The primary purpose of this 8-K filing is to formally announce the passing of Mr. John P. McNulty, a member of Carnival Corporation & plc's boards of directors.

Mr. McNulty joined the Carnival Corporation & plc boards of directors in June 2003 and also served as a member of the company's compensation committee.

The filing does not indicate any expected material impact on the company's operations or strategic direction. The announcement focuses on the personal loss to the company and the appreciation for Mr. McNulty's contributions.

Memorial contributions can be made to The John P. McNulty Scholarship Fund For Excellence in Science and Math, located at 1300 3rd Street South, Naples, Florida 34102, U.S.A.