8-KLeadership ChangesExhibits & Filings

CARNIVAL CORP 8-K Report, Executive Changes (Jan 26, 2007)

Filed January 26, 2007For Securities:CCL

Summary

Carnival Corporation announced a significant addition to its board of directors with the appointment of Laura Weil on January 22, 2007. Ms. Weil brings a wealth of experience from the retail sector, holding key financial and operational leadership roles at prominent companies such as AnnTaylor Stores Corporation and American Eagle Outfitters. Her background also includes extensive experience in the banking industry and a current board position at a privately held jewelry retailer. This appointment strengthens the board's expertise, particularly in areas of retail management, finance, and information technology. As part of her new role, Ms. Weil will also serve on the audit committees of both Carnival Corporation & plc boards. She will receive compensation consistent with other non-employee directors, which includes annual retainers, attendance fees, and equity awards in the form of stock options or restricted stock. Investors can expect this expanded board oversight to contribute to strategic decision-making and financial governance.

Key Highlights

  • 1Laura Weil appointed to Carnival Corporation & plc boards of directors effective January 22, 2007.
  • 2Ms. Weil will also serve on the audit committees of both boards.
  • 3Ms. Weil possesses extensive experience in retail management, finance, and information technology.
  • 4Prior roles include COO and EVP of AnnTaylor Stores Corporation and CFO and EVP of American Eagle Outfitters.
  • 5Her background also includes roles in banking and current board service at Ultra Stores Corporation.
  • 6Ms. Weil's compensation will align with that of other outside directors, including equity compensation.
  • 7The appointment was announced via a press release dated January 23, 2007, filed as an exhibit.

Frequently Asked Questions

Laura Weil's appointment is significant as it brings her extensive experience in retail management, finance, and information technology to Carnival's board. Her background, particularly from leadership roles at AnnTaylor and American Eagle Outfitters, is expected to provide valuable insights and enhance the board's oversight capabilities.

Ms. Weil will serve on the audit committees of both the Carnival Corporation and Carnival plc boards of directors.

Ms. Weil will receive compensation that is standard for Carnival's outside directors. This includes annual retainers, attendance fees, and equity compensation in the form of options to acquire common stock, restricted stock, or restricted stock units.

Ms. Weil has a strong background in retail, most recently as Chief Operating Officer and Executive Vice President of AnnTaylor Stores Corporation. Previously, she was Chief Financial Officer and Executive Vice President at American Eagle Outfitters. She also held finance and CFO roles at R.H. Macy & Co. and has experience in the banking industry with firms like Oppenheimer & Co. and Lehman Bros.