Carnival Cruise Lines CEO Gerry Cahill has announced his retirement.
Cahill, 63, will leave the cruise line on 30 November after 20 years of service including seven in his current role.
During his tenure he has overseen the growth of Carnival’s fleet to 24 ships while also introducing the Fun Ship 2.0 enhancements and Carnival LIVE series, as well as partnerships with media, culinary and entertainment names.
“Gerry has been instrumental in taking Carnival Cruise Lines to new heights as one of the preeminent brands in the cruise industry,” said Arnold Donald, president and CEO of Carnival Corporation & plc, the world’s largest cruise company. “He and his team have delivered new innovations to cruising while growing the business year after year.”
Cahill will leave the role on 30 November and a replacement is yet to be named.
“I can’t thank Gerry enough for his tireless efforts both as CFO of Carnival Corporation and CEO of Carnival Cruise Lines,” said Micky Arison, chairman of Carnival Corporation & plc. “While we would always feel his retiring is premature, we understand and support his decision. His leadership and passion, along with his honest and frank views will be missed, and we will always have a deep appreciation for Gerry’s tremendous contributions to Carnival Corporation.”
Cahill initially joined Carnival Corporation in 1994 as vice president – finance and in 1998 was promoted to SVP – finance and chief financial officer. He joined the cruise line from Safecard Services and also held financial posts at Resorts International and PriceWaterhouse.
“It has been an honor and a privilege to lead Carnival Cruise Lines for the past seven years and to work for this great company for 20 years,” said Cahill. “Deciding when to retire is not easy, especially when you love what you do. I feel the time is good for me personally and the company and brand are in a good place.”