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Carnival management shakeup

2 years 11 months 3 weeks ago November 04, 2013 Nov 4, 2013 Monday, November 04 2013 November 04, 2013 6:44 PM in News
Source: Associated Press
By: Michael Marsh

MIAMI- In an effort to rebuild after mishaps that drove customers away, Carnival shook up its management team.

Its chief operating officer will now take on a new role as special adviser to the CEO and chairman. Carnival named a new CEO last summer.

Carnival is struggling with weaker revenue since the breakdown of the Carnival Triumph in February that stranded passengers for five days in the Gulf of Mexico. Then, two other ships had to be towed to port after losing power.

Passengers haven't returned as hoped after Carnival slashed prices and invested in ship safety.

Carnival also named a new CEO for its Holland America line and a new president of Princess Cruises.

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