Carnival Corporation & plc, the world’s largest cruise shipping company, said Howard Frank would step down from his current positions to assume an advisory role, while Stein Kruse would become CEO of newly created Holland America Group adding Princess Cruises and Holland America Princess Alaska land operations to his current responsibilities of Holland America Line and Seabourn.
Frank would remain as chairman of CLIA. "We are greatly appreciative of Howard’s commitment to provide ongoing counsel, advice and industry leadership, as he enters this next stage," said Arnold Donald, CEO of Carnival Corporation & plc.
Micky Arison, chairman of Carnival Corporation & plc, added, "For the last 25 years, Howard and I have worked side by side and I could not have asked for a better business partner. I am looking forward to his continued contributions in his new role."
Also effective 1 December, 2013, Stein Kruse, currently president and CEO of Holland America Line, is being appointed CEO of the Holland America Group, adding Princess Cruises and Holland America Princess Alaska land operations to his current responsibilities of Holland America Line and Seabourn.
Kruse will report to Carnival Corporation & plc President and CEO Arnold Donald. "This is an exciting expanded opportunity for Stein and the experience and track record of effective leadership he brings to it bodes well for our future," said Donald.
In his expanded role, effective 1 December, Kruse also will replace Micky Arison as chairman of the board of MANCO, the UK-based entity which oversees operations of Carnival Australia including P&O Cruises, the number one cruise line in the Australian market.
