"The chief executive officer of Carnival Corp.’s subsidiary Costa Crociere, Pier Luigi Foschi, is retiring July 1. Carnival, headquartered in Miami, is also the parent company of Santa Clarita-based Princess Cruises.
Foschi, 65, will remain as chairman and a managing director of the Costa group and remain on the board of directors of Carnival Corporation & plc.
The move comes roughly 4 1/2 months after the company’s ship Costa Concordia shipwrecked off the coast of Italy, killing 32 people.
Michael Thamm, currently serving as president of Germany-based AIDA Cruises, has been appointed CEO of the Costa group.
He will report to Costa’s board of directors, which includes Micky Arison and Howard Frank, Carnival Corp. & plc’s chairman and CEO, and vice chairman and chief operating officer, respectively.
Carnival said the moves are part of a long-term succession plan that included the scheduled retirement of Foschi once he reached the age of 65."
http://www.the-signal.com/section/24/article/64191/